Maybe one of the most common misconceptions about the free market is that it encourages people to pursue their own “narrow self-interest,” usually interpreted as caring only about one’s self…
To the self-defeating idea of economic incentives, Decker is an endless Rickroll; she is never gonna give you up never gonna give you up never gonna give you up ……
VPC stands for voluntary private cooperation and in this Freeman piece today, Duke professor Michael Munger makes the case that the key to escaping poverty and making economic progress is…
New York attacks a service that connects people who want short-term living space with those who want to rent same. Read about it in this Freeman piece.
Professor John Goodman summarizes the opposing factions’ arguments in this Beacon post. The statists claim that voluntary exchange just can’t work when it comes to medical care, but Goodman shows that…
EconomicFreedom.org takes a look at “Fantasy Football and Economic Freedom: Lessons to Learn.” It’s a nice piece, and it even references cronyism. To longtime readers of the Locker Room, the…
That’s the right question for protesters (and the rest of us) to ask. Instead of mindlessly denouncing “the rich,” people ought to focus on the means by which wealth (great…
In another letter to editor (The NYT in this case), Don Boudreaux comments on the trouble a writer has with the meaning of the word “price.” Taxes are not prices.…
Philanthropists are often said to be “giving back to the community.” The implication? They took something that ought to be returned. David Riggs, writing as a concerned private citizen and…
George, Williams’ column provides an excellent reminder of how counterintuitive at first is the “economic way of thinking” (in the late Paul Heyne’s words). Very little is more counterintuitive, apparently,…