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Lyft Drivers Remain Independent Contractors
A California class-action lawsuit against ridesharing company Lyft has been settled without trial. In the settlement, Lyft agreed to pay its drivers, their lawyers, and…
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Market Dominance Doesn’t Last; Regulation Shouldn’t Either
One of the justifications for heavy regulation of large companies is that they use market power to crush competition and maintain market dominance. Yet the…
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Three Economists Had the Answer to the President’s Questions
Last night at the State of the Union, the President asked three questions regarding domestic policy (I’ll leave the foreign policy question to others). They…
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The EU Faces Many Challenges in 2016
The EU is in a quiet crisis. For the first time it faces the prospect of a major economy leaving the EU voluntarily. Its internal…
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Promoting Economic Freedom in 2016
It was Marxists who wanted permanent revolution, but it is capitalists who have delivered it. The last 50 years have seen a sustained revolution in…
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A Fundamental Misunderstanding of Free Enterprise
Today, in The Guardian, columnist Zoe Williams repeats an idea often advanced by progressives, that entrepreneurial activity is dependent on the action of others, especially “government,”…