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Below you'll find all articles that were filed under “Lawrence W. Reed”

Seven Principles of Sound Public Policy

Lawrence W. (Larry) Reed, former president of the Mackinac Center for Public Policy was in Nassau last week as the …

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Amazing Grace – A Movie No One Should Miss

by Lawrence W. Reed Have you ever seen a movie so good, so moving, that tears flow freely as the …

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Socrates and the Minimum Wage

The ancient sage Socrates, a giant in the foundation of Western philosophy, was known for a teaching style by which …

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  • Capitalism and Asymmetric Information
  • Can you get something for nothing?
  • The Centenary of Ludwig von Mises’s Critique of Socialism
  • Ibn Khaldun: An Arab Scholar 21st Century Politicians Could Learn From
  • ESG investing: Good for people and the planet?

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Thought To Ponder

That businesspeople buy low and sell high in a particularly alert and advantageous way does not make them bad unless all trading is bad, unless when you yourself shop prudently you are bad, unless any tall poppy needs to be cut down, unless we wish to run our ethical lives on the sin of envy.Deirdre N. McCloskey
… (next quote)

Thought to Ponder

The man of system, on the contrary, is apt to be very wise in his own conceit; and is often so enamoured with the supposed beauty of his own ideal plan of government, that he cannot suffer the smallest deviation from any part of it. He goes on to establish it completely and in all its parts, without any regard either to the great interests, or to the strong prejudices which may oppose it. He seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board. He does not consider that the pieces upon the chess-board have no other principle of motion besides that which the hand impresses upon them; but that, in the great chess-board of human society, every single piece has a principle of motion of its own, altogether different from that which the legislature might chuse to impress upon it. If those two principles coincide and act in the same direction, the game of human society will go on easily and harmoniously, and is very likely to be happy and successful. If they are opposite or different, the game will go on miserably, and the society must be at all times in the highest degree of disorder.Adam Smith
… (next quote)

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