Newmark's Door

Things one middle-aged economist finds interesting

 

"The Cold Civil War"
2025-09-22 09:52 UTC by Craig

Bill Glahn, writing at Powerline, reminds us of an underrecognized advantage of markets:

The more you depend on, are familiar with, find opportunities in the free markets, commerce, capitalism and the like, the less likely that you want your fellow Americans dead or imprisoned for wrongthink.

If you depend on engaging in voluntary financial transactions in an open market against multiple competitors, you find a way of getting along with just about everyone.


 

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