Works Published inMises Daily Article
Justin Murray received his MBA in 2014 from the University of St. Gallen in Switzerland.
Decentralization and SecessionPolitical Theory
Some states are passing laws where majority approval is found in just a handful of counties. This means just one or two regions of large states are forcing laws on the rest.
Monopoly and Competition
Companies with government-granted monopolies never have to worry about going out of business. And they can therefore behave badly without any consequences.
Taxes and Spending
State-run pensions are sitting on a time bomb.
PricesValue and Exchange
If local prices are sending the message that everything's perfectly normal, residents may be overly optimistic about the risks they face during natural disasters.
There is no truly equal way to distribute goods. But capitalism offers a way for more people to benefit from the process of bidding for those goods and services.