Defending the Judeo-Christian Ethic, Limited Government, & the American Constitution
Tuesday October 21st 2014

Self-Educated Man


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October 06, 2014


Federalist 62. Madison reminds us that the election of U.S. Senators by their respective state legislatures secured state rights or authority. In your opinion, how might a return to this vital constitutional principle become a key element in empowering a push back against federal intrusion into powers our heaven inspired Constitution clearly retained as jurisdictionally belonging to state & local governments, to families & individuals, to private businesses, churches, & charities?


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‘Sandy Ikeda’

Wages and the Free Market, Part 1

Wages and the Free Market, Part 1

Dispelling labor market myths with theory and data SANDY IKEDA, THE FREEMAN If you have a superficial understanding of modern economics, the following argument sounds plausible: In the free market, employers have an incentive to lower costs by driving wages down, which is bad for workers. Since driving down wages is what efficiency requires, [...]

Slogans or Science?

Slogans or Science?

SANDY IKEDA, THE FREEMAN The debate over raising the legal minimum wage (LMW) to $10 an hour has people on both sides saying things they should know better than to say. For example, a friend recently posted the following meme (which isn’t the worst I’ve seen) on Facebook: One year ago this week, San Jose decided to raise its minimum wage [...]

The Bonsai and the Candy Bag

The Bonsai and the Candy Bag

SANDY IKEDA, THE FREEMAN It’s natural to pay attention to something that has a high market value, but to take little notice of something of low market value. And that’s despite the fact that those differences in value are in no way the result of the amount of care and labor that go into making them. I don’t see anything wrong with that, [...]

Urban Design and Social Complexity

Urban Design and Social Complexity

SANDY IKEDA, THE FREEMAN This week’s column is drawn from a lecture I gave earlier this year at the University of Southern California on the occasion of the retirement of urban economist Peter Gordon. One of my heroes is the urbanist Jane Jacobs, who taught me to appreciate the importance for entrepreneurial development of how public [...]

Um, Scarcity?

Um, Scarcity?

SANDY IKEDA, THE FREEMAN The new mayor of New York wants to make city streets safer. According to The New York Times: Mayor Bill de Blasio on Tuesday unveiled a sweeping set of proposals aimed at improving street safety in New York City, pledging considerable police resources and even precious political capital in Albany to a most ambitious [...]

Passing a Law Won’t Get It Done

Passing a Law Won’t Get It Done

SANDY IKEDA, THE FREEMAN I’ve become so annoyed by prime-time demands by politicians for government intervention to solve this or that perceived social problem: low wages, inequality, lack of personal aspirations. One of my Facebook friends facetiously wrote, “Why not just pass a law making everyone good?” My response has been to start [...]

Ikeda: Thinking Outside the Circle

Ikeda: Thinking Outside the Circle

Political spectra are often designed to make a "center" appear reasonable. SANDY IKEDA, THE FREEMAN A circle is sometimes a useful image, but not in the way it’s often used to depict the political spectrum. Here is an example I found on the Internet of what I’m referring to. You’ve got the Left and the Right at opposite sides of [...]

The Right to Not Sell

The Right to Not Sell

SANDY IKEDA, THE FREEMAN A common belief about the free market is that it’s mainly, if not exclusively, about making as much money as you can at the expense of other values. It’s not. The free market—based on the absence of legal privilege and political expediency—is about enabling you to use your property in ways that you yourself [...]

Broken-Windows Macroeconomics

Broken-Windows Macroeconomics

SANDY IKEDA, THE FREEMAN As I’ve written before, every time I teach microeconomics I remind students that the fundamental difference between macroeconomics and microeconomics has nothing to do with subject matter. That is, macroeconomics doesn’t tackle the “big” questions while leaving the “small” questions to microeconomics. The [...]

The Virtue of Market Inefficiency

The Virtue of Market Inefficiency

SANDY IKEDA, THE FREEMAN Markets are often rightly characterized as extraordinary problem solvers. Under the right rules of the game (including private property, free exchange, and the rule of law) people following their own self-interests can coordinate their plans with one another more or less successfully, generating an overall order without [...]

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