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Author: cladwig
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The GOP Agenda Meets the Pareto Principle
The Pareto Principle — after Italian economist Vilfredo Pareto, observing that 20 percent of the pea pods in his garden contained 80 percent of the peas. As Hoosiers prepare to elect a new governor and perhaps make changes in the Senate and House leadership we would be wise to measure the effect of envy on…
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BOHANON: Proud of ‘Liberal’ Indiana
by CECIL BOHANON, Ph.D. In May 1988, Professor James McGill Buchanan, the 1986 recipient of the Nobel Prize in Economics, told the graduating class at Ball State University that he “had never been attracted to the romantic nonsense that government or politicians know what is best . . .” He encouraged the students to “nurture…
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Book Review
Dave Bego. The Devil at Our Doorstep. CreateSpace, North Charleston, S.C., 2012. $14.95 The difficult thing about fighting for free markets is that our successes are invisible or are projected beyond the political horizon — and, maddeningly, so are the failed promises of our statist opponents. That, however, is lessened with publication of Dave Bego’s…