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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The Democracy They Warned Us About
The Democratic Socialists of America, an insurgency within the Democratic Party, is having a moment, and it is showing us something worth noticing: This…
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One lesson socialists forgot: Price controls never work
Socialists in both parties may feel they are offering fresh solutions to today’s problems, whether it is government-run grocery stores from Democrats or…
Study
Don’t Panic: A Skeptic’s Guide to the AI Jobs Doomsday
As technology advances it has periodically bred the fear that progress will destroy jobs and livelihoods. History teaches that these fears are usually misplaced.
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Free the Economy podcast: Polling capitalism with Karlyn Bowman
In this week’s episode we talk about the surprisingly low demand for free transit, the demographics of higher education in the…
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Free the Economy podcast: Financial regulation and ESG with Hester Peirce
In this week’s episode we talk about commuting via bicycle, regulatory reform legislation from Sen. Rick Scott (R-FL), the new…
Blog
Barbie, lemons, and economics
Wayne Crews and I have a fun piece up at RealClearMarkets that ties together the Barbie movie, the vintage toy market, and Nobel…
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Free the Economy podcast: Threats to economic freedom, then and now with Iain Murray
On this week’s podcast we talk about recycled Legos, socially responsible pension funds, pessimistic views about politics, and a…
Blog
Net neutrality is political predation
It’s fitting that the Federal Communications Commission (FCC) chose to dig up the net neutrality corpse just before Halloween. Now, our elected representatives need…
Econlib
Reevaluating the Influence of James Buchanan on Libertarian Thought
James M. Buchanan was an economist known for his affiliation with the “Virginia School of Political Economy,” otherwise known as Public Choice theory. Trained…