Veronique de Rugy

Senior Research Fellow at the Mercatus Center at George Mason University

[Alex Tabarrok @ATabarrok]

Economics does not say maximize GDP and never has.

The only people who thought this way were Soviet central planners chasing output targets.

[Josh Barro @jbarro]

A lot of people owe apologies to Lyndsey Fifield — most notably Sheldon Whitehouse, who dismissed her allegations on the grounds that she worked for “right-wing political operations.” https://t.co/W62G8wFJ6l

[Veronique de Rugy @veroderugy]

@charlescwcooke @EWErickson For power. It’s always for power.

[Dominic Pino @DominicJPino]

Before it gets memory-holed, here are some of the politicians who were perfectly happy to stand with Platner when we "only" knew he had a Nazi tattoo, posted a bunch of crazy misogynistic stuff online, and had allegations of mistreatment of women short of sexual assault.

[Kyle Pomerleau @kpomerleau]

Everyone seems to be finding their spine as Platner's approval ratings plummet.

Must be a coincidence.

[Marian L Tupy @Marian_L_Tupy]

.@ATabarrok explains that the share of total economic income going to workers hasn't actually dropped as much as people think. The confusion comes from how we measure pay. Today, many skilled workers receive company stock instead of just a traditional cash salary. When that stock increases in value, tax rules often count it as investment income ("capital gains") rather than worker pay ("labor income"). If economists correctly include this stock-based compensation as part of what workers earn, the supposed decline in labor's share of the economy almost completely disappears.

[Joshua Rauh @joshrauh]

The graphic speaks for itselv

[Tim Worstall @worstall]

Oh. Well, this is tricky for that argument, isn't it?

[Charles C. W. Cooke @charlescwcooke]

How about if we absolutely positively do not do this, or anything like it?

[Joshua Rauh @joshrauh]

The graphic speaks for itself https://t.co/GKyJcKiIMc

[The Honest Broker @RogerPielkeJr]

A new @Ipsos poll in France 🇫🇷 shows that people are conflicted

They want air conditioning

They also don’t want a big carbon footprint

Hmmm . . . if only France had a way to generate electricity that was carbon-free

☢️☢️☢️

[Pedro Santa Clara @psantacl]

For almost all of human history, the average person lived on about three dollars a day. Then, around 1800, in one corner of Europe, something happened that had never happened before: ordinary people got roughly thirty times richer, and the miracle spread across the world. Deirdre McCloskey has spent a career explaining what caused it — and her answer is not capital, or empire, or clever institutions, but liberty and dignity: leaving people free to try, and honoring them when they did. I reviewed her Why Liberalism Works, the most useful book I know for anyone who wants to make the case for freedom.

[Michael Munger 🏖️🔪👨‍🍳 @mungowitz]

There's nothing eloquent about the misplaced contempt of the privileged, David.

[Samuel Gregg @DrSamuelGregg]

The Signers of America’s Declaration of Independence understood the rights to life, liberty, and the pursuit of happiness to be universally and always true and thus permanent. The moment Americans cease to understand this, America ceases to be America. #America250

[Greg Lukianoff @glukianoff]

The Fourth of July celebrates the most radical idea in American history: that ordinary people can speak, argue, dissent, and govern themselves.

Free speech has a remarkable power to defend itself. Let people talk, and bad ideas can be answered, dogmas can be challenged, and truth has a fighting chance.

But the culture that makes free speech possible needs defenders.

Join us at Soapbox to help keep it alive:
https://t.co/mrbepK8I1l

[Daniel J. Smith @Smithdanj]

I’m mailing a copy of Free to Choose to:

Office of the Vice President
1600 Pennsylvania Avenue, N.W.
Washington, DC 20500 [1]

[Veronique de Rugy @veroderugy]

Happy birthday to America! To the next 250 years! So grateful to call this place home.

[Scott Lincicome @scottlincicome]

BOOM. 🇺🇸

[Nick Gillespie @nickgillespie]

'The Swedish economist Assar Lindbeck—a socialist, mind you—[wrote]: “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.”' Very good @JonahDispatch on tiredness of 'new' DSA ideas https://t.co/1q6VwpdGY3

[Sylvain Catherine @sc_cath]

Sur un marché inélastique comme Paris, les APL sont un jeu à somme nulle : elles aident les locataires qui les reçoivent à être plus compétitifs avec ceux qui n'en bénéficient pas.

Demander aux français de subventionner leur propre éviction du marché locatif n'a pas de sens.