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The Economics of Toilet Seats

Up or down? The debate is as old as the toilet itself. Economist Jay Pil Choi constructed a game theoretic model, and it turns out…

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Printing Money Troubles

New $100 bills that are harder to counterfeit have been rolling off the presses recently, with an error rate of 30 percent.

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Joe Biden vs. Adam Smith

Vice President Joe Biden recently said that every great idea of the last two-plus centuries came from government. My colleague Alex Schibuola and I rebut…

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An Optimistic Take on the Election

CEI President and Founder Fred Smith and I have an article in The Daily Caller expressing cautious optimism about yesterday’s election results. Our main points:…

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Why I Didn’t Vote This Year

Over at The Daily Caller, I tally up the arguments for and against voting. Think them through. Do what's right for you. And don't look…

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Misplaced Ire

The commentariat is liable to sprain an ankle, jumping to conclusions like that.

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Mises on Political Parties

With a fiercely partisan election less than a month away, the concluding paragraph of Ludwig von Mises’ Liberalism is a refreshing rejection of party politics.

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Stimulus Roundup

Most people doubt Congress’ ability to spend money wisely. The stimulus has given them some proof.

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You Can’t Make This Up

$150,045 of stimulus money is being spent to restore a bridge that doesn't connect to any roads and ends in an 8-foot drop.