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The Precautionary Principle Devours Itself

(Don Boudreaux) TweetHere’s a letter to a first-time correspondent: Mr. P___: “[P]ut off by” my “tiresome critique of governmental struggles to protect us from a very dangerous disease,” you write that in the face of great uncertainty decision makers don’t have the luxury of fastidiously weighing the full consequences of their acts. A novel danger calls for decisive action which may retrospectively be found to be...

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Some Covid Links

(Don Boudreaux) TweetI fear that Frank Furedi is correct: “The culture of fear has made a lifetime of quarantine look attractive.” A slice: The precautionary principle may have emerged from within environmentalism, but it now pervades all areas of life. It encourages us to feel fearful and insecure before the future. And it has led to safetyism – that is, the establishment of safety as the foundational value of Anglo-American...

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Some Covid Links

(Don Boudreaux) TweetFour cheers for these parents in Vail, Arizona, who successfully revolted against Covid Derangement Syndrome!(HT Yevdokiya Zagumenova) Allison Pearson calls for an end to masking, once and for all. A slice: People will get back to normal at very different speeds. I get that. The outrageous campaign of terror to which the British people have been subjected (far worse than in any other country) will have long-term...

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Some Non-Covid Links

(Don Boudreaux) TweetWriting in the New York Times, Peter Suderman of Reason is rightly critical of the lameness of the GOP’s opposition to Biden’s rampaging statism. A slice: And this points to the deeper problem: The Republican Party, at the very least, lacks a coherent sense of what economic policy and legislation should do and what it is for. Because it has no theory, the Republican Party cannot offer much in the way of a...

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“In Appreciation: James M. Buchanan”

(Don Boudreaux) TweetI just discovered that I’ve never shared here the full text of my January 10th, 2013, remembrance, in the Wall Street Journal, of my late Nobel-laureate colleague, Jim Buchanan. It’s pasted below. In Appreciation: James M. Buchanan The Nobel-winning economist who understood how politics really works. James M. Buchanan, who died Wednesday at age 93, was one of history’s greatest economists. Though he won...