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David R. Henderson

Honor Laborers

David R. Henderson
September 5, 2016

Most Americans think of Labor Day as part of a long weekend and the unofficial end of summer. It was originally meant, though, to recognize the contributions of labor unions. In this month's Econlib Feature article, economist David R. Henderson recommends a third alternative: use Labor Day to honor laborers. This means, he writes, getting rid of two obstacles to labor: (1) government regulation that gives labor unions monopoly power over laborers and (2) other government regulations that restrict the kinds of deals that laborers can make with those who buy their services. Read on.
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Arnold Kling

Communities versus the State

Arnold Kling
September 5, 2016
Far from a Cold War relic, Arnold Kling finds tremendous relevance in reading Robert Nisbet's "The Quest for Community" in 2016. Nisbet argues that the best way to fight centralized state power is not at the individual, but the community, level. Kling points to several examples of Nisbet's prescience, and draws some uncharacteristically pessimistic conclusions.
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FEATURED COLUMNS

THINKING STRAIGHT

Anthony de Jasay

Advancing Stagnation, Invisible Richness

Anthony de Jasay
September 5, 2016
Are the world's wealthiest countries really slouching toward stagnation? Maybe.... Or maybe it depends on the lens through which you view things. This month, Anthony de Jasay takes a shrewd look at this question, calling the oft-ignored concept of consumer surplus to his aid.
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AN ECONOMIST LOOKS AT EUROPE

Pedro Schwartz

Brexit!

Pedro Schwartz
September 5, 2016
With the fate of this summer's Brexit referendum still in the balance, Pedro Schwartz turns his eye to the situation, finding much to be optimistic about. Contrary to many skeptics, Schwartz doesn't see leaving the European Union as disastrous at all, but rather, a golden opportunity for Britain to succeed.
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