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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Principled business in Austin
The view from my hotel room in Austin was majestic – a giant hole in the ground. When I arrived for the 3rd…
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The problem is scarcity, not Disney’s prices
Disney doesn’t just offer admission to a theme park. It promises a magical experience. But when millions of people seek that experience, Disney must…
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GDP and the origins of prosperity
The United States is a wealthy and prosperous country. Historically, Americans have looked to Gross Domestic Product (GDP) to measure their prosperity. GDP…
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Robert Lucas, economist of possibilities, 1937-2023
Robert Lucas, 85, passed away this week. He was a prominent macroeconomist who won the 1995 economics Nobel. Others have remembered Lucas’s contributions to…
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New credit card late fee rule hurts folks who pay their bills on time
There has rightly been an outcry after the Federal Housing Finance Agency (FHFA), which sets policy for the government-sponsored enterprises (GSE) Fannie Mae and…
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Free the Economy podcast: Freedom is intoxicating with Jacob Grier
In this week’s episode we talk about public opinion regarding capitalism, eliminating COVID relief slush funds, rolling back parking mandates,…
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Senate committee yells ‘all aboard!’ for controversial Railway Safety Act
The U.S. Senate Commerce Committee approved the Railway Safety Act this morning, with all Democrats and Republican Sens. J.D. Vance (OH) and Eric…
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Americans agree: Politics doesn’t solve most problems
Our friends at the Pew Research Center have some new political survey results out, and the numbers are…not encouraging. The research summary finds:…
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Free the Economy podcast: Grow for tomorrow with Adam Millsap
In this week’s episode we talk about judicial deference at the Supreme Court, Biden’s new mortgage rate policy, how Americans are…
