Senior Fellow @ceidotorg. Freedom, finance, and abundance. Host of the @freethe_economy podcast. Substack: greatcapitalism.substack.com. #FreeCon
Washington, D.C.
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Substack has finally gone mainstream and respectable (I have joined). My account is called Great Capitalism, and my launch post is here: greatcapitalism.substack.com…
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Richard Morrison retweeted
A barrel of oil in the Stone Age was worthless.
A barrel of oil in an industrial civilization can heat homes, move trucks, and power factories.
Nature gives us atoms, but it is humans who give those atoms value.
humanprogress.org/the-most-i…
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Richard Morrison retweeted
The world runs on fossil fuels; renewables are mostly not what you think:
80.5% of all global energy (not just electricity) from fossil fuels
Renewables 14.5%
most from biomass (8.4%)
Solar + wind just 2.9%
Latest global data for 2024, IEA: iea.org/data-and-statistics/…
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Richard Morrison retweeted
Congrats to our scholar, Dr. Don Boudreaux!! 🎉🎉🎉
The dinner may be over, but the conversation continues. CEI CEO Kent Lassman sat down with 2026 Julian L. Simon Awardee Donald J. Boudreaux for the full interview. Now on YouTube: bit.ly/4AhRySa
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Richard Morrison retweeted
'I must study politics and war that my sons have liberty to study mathematics and philosophy.' Ryan Young on John Adams and the idea of intergenerational progress: bit.ly/4yHWUEq
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Richard Morrison retweeted
E28: “The Grim Old Days”, capitalism and the free market, “the dumbest trade war in history.” — @tonymmorley for The Up Wing: “This remarkable progress has been America’s gift to the world.” theupwing.com/edition28/
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Richard Morrison retweeted
This was a great conversation.
What was life really like before the modern era?
At the @CatoInstitute in Washington, FMF CEO @DavidAnsara sat down with Cato research fellow Chelsea Follett to discuss her new book, ‘The Grim Old Days: An Introduction to the Preindustrial Past’.
The conversation explored the realities of life before the Industrial Revolution, from extreme poverty and dangerous working conditions to poor health and short life expectancy, and how economic and technological progress transformed human wellbeing.
Keep an eye out for the interview.
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I wrote about this on Substack earlier this year: greatcapitalism.substack.com…
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Richard Morrison retweeted
San Francisco's "Formula Retail" ordinance, which forces businesses with more than 10 locations worldwide to get special permission to open in certain parts of the city, is nothing but snob zoning for commercial property. We should repeal it.
A battle over chain stores and their impact on neighborhood character has been playing out for months in one of San Francisco’s most beloved and vibrant retail corridors. sfchronicle.com/sf/article/t…
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Hester's tenure at @SECGov is an inspiring example of principled public service. People will be reading her speeches and statements on financial regulation (if they're smart) for decades: sec.gov/newsroom/speeches-st…
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A bill in the Senate would require executive agencies to publish regulatory guidance to a single, searchable portal (they should pass it ASAP): wsj.com/opinion/federal-gove… (via @wsj & @wayne_crews of @ceidotorg)
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Richard Morrison retweeted
There is something terrifying about politicians who don’t seem to understand that the private sector is private. Companies do not exist to carry out the government’s preferred labor policy.
Our message to corporate America is simple: We’re not going to let you lay off American workers so you can replace them with cheap foreign labor.
whitehouse.gov/fact-sheets/2…
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The Citizens United free speech case was about campaign finance rules that prevented the organization from promoting and airing a critical documentary about Hillary Clinton prior to the 2008 primaries, btw.
Kicking out the free press is what fragile authoritarians do. Not American presidents. instagram.com/reels/DdovJZPT…
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The Last Ditch discourse is kind of the lesbian bar version of the 2022 @theintercept story about progressive nonprofits in DC that melted down because of 20-something employees who spent 100% of their time doing woke tantrums and 0% actual work: theintercept.com/2022/06/13/…
The further to the Left you are, and the more radical your politics, the higher the chance that the Last Ditch story will resonate with you because some variant of it happened to you.
cartoonshateher.com/p/behind…
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First met 8/13, got married four years later on 8/7, so we have a second-week-of-August double anniversary.
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Richard Morrison retweeted
@RichardMorrison & I for @NRO: The need for clearer expectations *before* the next state budget crisis
ALT Some coming budget crises will be presented as beyond the control of mayors, legislatures, and governors and framed as the unavoidable cost of compassion. But even if that were true...it is the duty of the ostensibly generous to budget their own generosity...Compassion does not repeal arithmetic, nor does it justify sending the invoice to strangers. State politicians who regularly overspend on favored constituencies are not candidates for debt forgiveness. Congress should say so before the first bailout demand arrives.
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Richard Morrison retweeted
America's rail systems have room for 13.5 million more homes near stations in high-demand areas where prices already exceed construction costs.
Legalizing apartments would ease the housing shortage and fully reverse the post-COVID decline in transit ridership.
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