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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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…
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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: The Great Realignment with Stephen Davies
In this week’s episode we cover US companies getting hammered by tariffs, jobs that are surprisingly not getting replaced by AI,…
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Think Tank Releasing Report On New Jersey Challenge To Sports Betting Act
Las Vegas Review-Journal quotes Michelle Minton the impact on consumer freedom which a federal sports gambling known as PASPA poses. When the U.S.
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Businesses Already Serve a Social Purpose
BlackRock CEO Larry Fink’s letter to CEOs demanding that their companies “serve a social purpose” is the latest example of what economist Milton Friedman dubbed…
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Understanding the Weird and Wonderful with Pete Leeson
Prof. Pete Leeson’s recent book teaches readers how to use economic thinking to reveal the hidden sense behind seemingly senseless human behavior.
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Here’s to the Side Hustlers
The rise of self-employment apps like Uber and TaskRabbit, where people decide when to work and how many jobs, rides, or gigs to take on,…
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Federalist Society Documents ‘American Spirit’ of U.S. Distilling
The Federalist Society has produced an excellent new short film out about the history of alcohol regulation.
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Justice Department Breaks Trump Vow to Leave Marijuana up to States
It is Congress’s responsibility to finally update federal drug laws in a way that reflects America’s changing values and priorities. …