If Incentives Matter, We Might Be In Trouble →

October 3, 2012

The future world we are creating will surely be shaped by the incentives and disincentives we are putting in place today.

Recent “Best of Web”

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Dec 4, 2025

The End of the Climate Cult

Dec 4, 2025

The climatastrophe has been a terrible mistake. It diverted attention from real environmental problems, cost a fortune, impoverished consumers, perpetuated poverty, frightened young people into infertility, wasted years of our time, undermined democracy and corrupted science. Time to bury the parrot — Matt Ridley.

Dec 4, 2025

Oct 31, 2025

Government Shutdown Exposed the Biggest Lie in Education

Oct 31, 2025

“For decades, teachers unions and the liberal allies they bankroll in D.C. have told the American people that without the federal bureaucracy, education would crumble,” writes Ryan Walters.

Oct 31, 2025

Oct 18, 2025

Millions Gather to Express Total Ignorance

Oct 18, 2025

“We're going to join our voices together and let the message ring loud and clear that we are uneducated rubes in desperate need of a middle-school social studies class,” said one man. Problem is, they DID have middle-school social studies, at great expense to the taxpayer, and still turned out to be rubes. Maybe there’s a connection??

Oct 18, 2025

Recent Quotes

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Feb 11, 2025

Murphy on America

Feb 11, 2025

“The true meaning of America, you ask? It’s in a Texas rodeo, in a policeman’s badge, in the sound of laughing children, in a political rally, in a newspaper. ... In all these things, and many more, you’ll find America. In all these things, you’ll find freedom. And freedom is what America means to the world. And to me” — Actor, poet, and the most decorated American of World War II, Audie Murphy.

Feb 11, 2025

Feb 1, 2025

Mill on Freedom

Feb 1, 2025

“The only freedom which deserves the name is that of pursuing our own good in our own way, so long as we do not attempt to deprive others of theirs, or impede their efforts to obtain it. Each is the proper guardian of his own health, whether bodily, or mental and spiritual. Mankind are greater gainers by suffering each other to live as seems good to themselves than by compelling each to live as seems good to the rest.”

Feb 1, 2025

Mar 20, 2023

Best-Selling Japanese Novelist Eiji Yoshikawa on Do-Gooders

Mar 20, 2023

“There’s nothing more frightening than a half-baked do-gooder who knows nothing of the world but takes it upon himself to tell the world what’s good for it — from his book, Musashi.

Mar 20, 2023

Recent Blogs

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Dec 4, 2025

The Constitution of Liberty: Hayek's Lessons for Today and Tomorrow

Dec 4, 2025

Hayek firmly rejected the modern leftist obsession with “social justice.” Redistribution schemes based on outcome-focused equality ignore the process by which outcomes arise. Inequality, per se, is not a problem. The focus should not be on the outcome, but on the process. Photo: Hayek (left) and Mises (right).

Dec 4, 2025

Dec 3, 2025

Grateful Thanks to the Founding Generation

Dec 3, 2025

I wish I could go back in a time machine to that emotional moment at Fraunces Tavern on December 4, 1783.

Dec 3, 2025

Socialists Blame Capitalism for Everything, Especially When a Disaster is the Fault of Socialism

Dec 3, 2025

The idea that politicians are supposed to provide solutions to problems is usually stupid, because politicians are not magicians. They can't do things any better than people who actually create wealth. They don't create wealth, they just redistribute it. We shouldn't think of the state as a very generous uncle who only thinks about us. A very good English translation of an interview with Kristina Votrubova in the publication Postroj. Conducted November 27, 2025.

Dec 3, 2025