Matt Mcclendon

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Ha-Joon Chang
“If the world were full of the self-seeking individuals found in economics textbooks, it would grind to a halt because we would be spending most of our time cheating, trying to catch the cheaters, and punishing the caught. The world works as it does only because people are not the totally self seeking agents that free-market economics believes them to be. We need to design an economic system that, while acknowledging that people are often selfish, exploits other human motives to the full and gets the best out of people. The likelihood is that, if we assume the worst about people, we will get the worst out of them.”
Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism

Michael Shermer
“People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent designer--a God. Similarly, the economy looks designed, so our natural inclination is to infer that we need a designer--a government. In fact, emergence and complexity theory explains how the principles of self-organization and emergence cause complex systems to arise from simple systems without a top-down designer.”
Michael Shermer

“The growing policy-reform movement is a broad church. It includes everyone from ganja-smoking Rastafarians to free-market fundamentalists and all in between. There are socialists who think the drug war hurts the poor, capitalists who see a business opportunity, liberals who defend the right to choose, and fiscal conservatives who complain America is spending $40 billion a year on the War on Drugs rather than making a few billion taxing it. The movement can’t agree on much other than that the present policy doesn’t work. People disagree on whether legalized drugs should be controlled by the state, by corporations, by small businessmen, or by grow-your-own farmers, and on whether they should be advertised, taxed, or just handed out free in white boxes to addicts.”
Ioan Grillo, El Narco: Inside Mexico's Criminal Insurgency

Milton Friedman
“I think that the Internet is going to be one of the major forces for reducing the role of government.”
Milton Friedman

year in books
Stephanie
338 books | 21 friends

Katie
1,717 books | 130 friends

Jovy
1,493 books | 95 friends

D'Anna
544 books | 42 friends

Valerie
219 books | 86 friends

Drew
129 books | 73 friends

Erin St...
353 books | 103 friends

Nathan ...
248 books | 9 friends

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