Market prices are essential to a free, flourishing society
All economic goods must, by definition, be allocated by some mechanism. Because the world’s resources are insufficient to satisfy all human wants, some process must be used to determine to…
All economic goods must, by definition, be allocated by some mechanism. Because the world’s resources are insufficient to satisfy all human wants, some process must be used to determine to…
The Biden administration is putting on a propaganda blitz to garner support for its $2 trillion “infrastructure” plan. Part of that blitz includes “fact sheets” for every state. Here is…
A 2016 report published by the General Assembly’s nonpartisan Program Evaluation Division detailed the distribution of state funds to public schools and concluded that the system’s “features and controls are…
Expand government and you’ll grow the economy? Dr. Roy Cordato examines the flaws in this view an concludes: The point here is that, while public sector spending adds to GDP…
Over the years I’ve written several articles about the differences between economic growth and economic development. I have pointed out that, in terms of practical policy, emphasis on one or the…
The power to grant a right to health care is the right to deny it. Anyone who doubts the universal truth of this statement need look no further than the…
This is coming from somebody who took umbrage (because I can’t get offended) to playing basketball in church. Thought I, I could play sports anywhere on the planet, but there…
It’s bad enough that a very few people in leadership appointments want to use their powers to redistribute resources to for- and nonprofit organizations. What’s worse is the arguments they…
There is a proposition in public choice economics called the “special interest effect.” It basically argues that government grows because for most government programs there are concentrated beneficiaries and diffused…
View in your browser. As the legislature comes back into session, there is a renewed focus on what are typically referred to as economic incentives, or by many who are…
Even the International Monetary Fund appears to understand that, as we read in this AEI piece by James Pethokoukis. He refers to recent research by the IMF. That’s useful in…
In fact, as Mark Pribonic argues in this piece, it reduces prosperity for the mass of the people, but leads to splendor for the ruling few. That was true 2000…