Prices

Displaying 11 - 20 of 401

Spreadsheets Can Not Replace the Market Process

Free MarketsInterventionismPrices

Blog08/22/2016

The problem with the Excel spreadsheet approach is not the intentions of policymakers, but that such tools cannot possibly replace the market process.

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Price Controls Are Disastrous for Venezuela, and Everywhere Else

Global EconomyInterventionismPrices

Blog08/16/2016

Many of Venezuela's woes stem from the Venezuelan state's reliance on price controls to enact its socialist goals. Famine has resulted.

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Britain's Minimum Wage Short-Changes Young Workers

Global EconomyCalculation and KnowledgePrices

Blog07/21/2016

In the UK, a national minimum wage was introduced in 1999. Things have been getting worse for young workers ever since.

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Stiglitz Is Wrong About Marginal Pricing

EntrepreneurshipPraxeologyPrices

Blog06/09/2016

Rising income inequality and concentration of resources into fewer large firms are not a problem for marginal-pricing theory.

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Four Reasons Why Government Spending Is Even Worse Than Taxes

Taxes and SpendingPolitical TheoryPricesValue and Exchange

Blog04/14/2016

The way that government collects taxes is awful. The process of spending it is even worse.

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How the Government is Destroying the World’s Best Oysters

The EnvironmentInterventionismPrices

Blog04/13/2016

Decades of government mismanagement has wreaked havoc on the Apalachicola oyster industry.

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The Drug War Drives Users to More Dangerous Synthetic Drugs

Legal SystemThe Police StatePrices

Blog04/10/2016

Synthetic marijuana is more dangerous and unpredictable than the ordinary kind. It exists because the Drug War has made cheaper, more potent drugs more profitable. And on a black market, safety is not the seller's chief concern.

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Don’t Confuse the Cost of College with the Cost of an Education

Taxes and SpendingPricesValue and Exchange

Blog04/07/2016

Thanks to government loans, the price of college has skyrocketed in recent years because student loans mean colleges can raise their prices without driving away otherwise-price-sensitive students. Only a fraction of the hefty price hikes go toward classroom instruction or core educational...

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