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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A Cooler Climate, Microsoft Drops Yahoo and Farm Subsidies
A new study in the journal Nature predicts a cooler climate than previously thought. Microsoft drops its bid to acquire Yahoo. Reporters identify more than…
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5 Absurd Product Bans
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Pressure Group Censors Anti-Gore Ad on YouTube
Electric Co-op Group Ignores ‘Fair Use’, Claims Copyright Infringement Over Seven Seconds of Footage (Click Here to View Ad)…
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Dumb Product Bans
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The Five Dumbest Product Bans
This paper focuses on five clearly absurd product bans that seem to serve no social good.
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Smoking Prevention Bill May Backfire
Contact: Jody Clarke, 202.331.2252 Washington, DC, October 2, 2007—As the House Committee on Energy and Commerce prepares to hold a hearing tomorrow…