Hugh Macaulay

HMacaulay@thefreemanonline.org

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Why Social Security Is Popular

The Conditions That Make Social Security Popular Are Temporary and Rapidly Disappearing

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Free Markets Offer a Flexible, Efficient Alternative

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The Taiwan Model

What Conditions Have Led Taiwan to Succeed Against All Odds?

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Markets Should Allocate Scarce Environmental Assets

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CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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