Prices

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School Vouchers Are Basically Food Stamps

Taxes and SpendingPrices

Blog01/04/2018
Governments already use vouchers in many areas, including food and housing. Fortunately, those vouchers only go to a small portion of the population.
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The Myth of Insufficient Demand

Business CyclesPricesValue and Exchange

Blog12/30/2017
The more goods that an individual can produce the more goods he can demand, and thus acquire.
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Consumers Are Smarter than Bureaucrats Think

PricesSubjectivism

Blog12/23/2017
The government doesn't think you can make good choices voluntarily. So it's happy to step in and force you to make "better" choices.
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Free Parking Isn't Free

InterventionismPrices

Blog12/21/2017
The number of parking spaces in your city may be a matter of centrally-planned government mandates. It's time to give the market a chance.
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No Neutral Ground: The Problem of Net Neutrality

Bureaucracy and RegulationPrices

Blog12/13/2017
If one likes the internet's remarkable evolution to this point, it seems odd to assert that now is the moment to freeze it through government action.
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Net Neutrality and the Problem with "Experts"

Calculation and KnowledgePrices

Blog12/11/2017
Supporters of net neutrality imagine that if we can only get the "right" group of people, a tiny handful of "experts" can govern the internet.
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Fine Art's Resurgence Offers a Refuge for Investors

Financial MarketsPrices

Blog12/07/2017
A search for a refuge from modern fiat currencies has led many investors to the perceived safety of art by the Old Masters.
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Capitalism and Asymmetric Information

PricesValue and Exchange

Blog12/05/2017
It's capitalism and the competitive market that generate solutions to the knowledge problems of the society, including “informational asymmetry.”
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International Trade Under the Soviets: A Comedy of Errors

Protectionism and Free TradePrices

Blog11/06/2017
Economic calculation is impossible under socialism. This is as true with international trade as with domestic.
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The Story that Netflix’s Heroin(e) Fails to Cover

Legal SystemProtectionism and Free TradePrices

Blog10/07/2017
The state provides incentives to doctors to over-prescribe opioid painkillers. An addiction crisis has followed.
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