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Before you give the government new powers, try the Munger Test: cross out "government" and insert the name of the politician you trust least. Then see if you still like the idea.

— EconTalk
1mo ago

The interesting thing about America is that it's not just the United States government, it's American society. And American society has this quality that when it gets knocked down, it gets back up. The American system is actually designed to be inefficient in some ways, because the founders were more afraid of tyranny than they were of inefficiency.

1mo ago

We keep doing things to improve classroom education, but the fundamental power distribution is 25 kids stuck at the same level. And that the friction that that creates which is you know roughly a third of the kids are behind a third of the kids are bored and above and a third you're teaching to is the fundamental friction in uh our mass education system.

3mo ago

It's the extremes that present a threat to society. And the two things that are probably most important to avoiding a strong man or a strong woman uh from either side of the party are very boring

7mo ago

Underscored — save the words that stop you in your tracks.

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