Blog
In Which Greed Is Good
The great economist Joseph Schumpeter wrote that "[F]ree trade is the cement that holds together the idea of peace." His logic is sound. Commerce gives…
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The Challenge of Network Industries
“Network” industries such as electricity, air transport, telecommunication, freight rail, and internet services face a challenge with their competing flow and grid components. Flows are…
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In Defense of Average Cost Pricing
Many industries in the modern economy are ridiculed for the financing strategies they employ. Only marginal cost pricing is defended as a legitimate practice. Yet…
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Where’s the Reality in Legislation?
In “Why Obamacare Is Sinking,” Charles Krauthammer argues that President Obama’s reliance on rhetoric is finally beginning to fail because “you can’t fake it…
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VIDEO: Healthcare Reform Ideas from the Other Washington
John Barnes at the Washington Policy Center (motto: “Improving Lives Through Market Solutions”) passes on a 3-video series about the fight over healthcare “reform” we’re…
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Russia introduces strict new antitrust law
Russian President Dmitriy Medvedev has signed into law amendments that will bring increased penalties for price collusion and unfair competition. The new amendments will allow…