in turn enable further types of interactions beyond the realm of business. The genius of the market is that it enables a wide array of individuals, groupings, and associations to organize spontaneously to advance their various interests in a cooperative fashion that yields win-win arrangements.
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Rare earths and China: Choose deregulation, not price controls
Treasury Secretary Scott Bessent threatened to implement price controls on unspecified goods if China continues to restrict rare earth mineral exports. Over at the…
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A Nobel for human progress
This year’s economics Nobel Prize went to three students of the two most important questions in economics: Why have living standards in rich countries improved…
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Free the Economy podcast: Reforming Social Security with Romina Boccia
In this week’s episode we cover a new study on pharmaceutical tariffs, whether to expect a new Great Depression (via Phil…
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Congress Does Energy, Lehman Bankruptcy and Price Gouging
The House of Representatives considers a new bill on offshore oil drilling. The bankruptcy of Lehman Brothers shakes confidence in the U.S. economy. Texas Attorney…
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Union Pension Funds Go Green — But It’s Not the Color of Money
Labor unions are endangering their members' retirement security by using their pension funds for environmental activism.
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Home Schooling, Online Privacy and Oil Drilling
A California appeals court issues a major new ruling on home schooling. Members of Congress investigate online privacy and the use of “behavioral advertising.” New…
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U.S. tech companies in China
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Obama on Offshore Drilling, Tobacco Lawyer Goes to Prison and Video Game Violence
Sen. Barack Obama changes his position on offshore oil drilling. One of the nation’s richest attorneys begins a prison sentence for bribery. The government of…
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Poseur Shareholders
The green blitzkrieg hit the ExxonMobil annual shareholder meeting this week. The green blitzkrieg hit the ExxonMobil annual shareholder meeting this week. The meeting featured…