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How to Solve the Lobstermen vs Whalers Problem: Water Capitalism
The lobstermen and the whalers are at each other’s throats in Maine. The former need to use strong ropes to…
Read More » - Opinion
40,000 Traffic Fatalities a Year Is Not Acceptable. So Why Do We Accept It Year After Year?
US highway authorities are bemoaning the recent increase in highway fatalities. And, well, they should. With an annual death rate…
Read More » - Opinion
How Libertarians Should View Harvard’s Racial Discrimination in Admissions
With the Supreme Court’s hearing of the Students for Fair Admission case against Harvard University and the University of North…
Read More » - Opinion
Two (Quixotic) Methods Labor Unions Use to Raise Wages
Although the results of the 2022 election are not yet fully in as of this writing, now that the Democratic…
Read More » - Opinion
Mergers, Marriage, and Monopoly: What Matrimony Can Teach Us about Corporate Acquisitions
Why does the boy ask the girl to the dance? He does so because he thinks he will be better…
Read More » - Opinion
‘Doubles to Dorms’ Isn’t a Scandal, but Prohibiting Bidding on Real Estate Would Be
Let’s start off this discussion with a thought experiment. Roger and John each ask Alice for a date. They both…
Read More » - Opinion
What the Worst Economic Predictions in History Can Teach Us about Economics
Economists predict the future course of economic events to show we have a sense of humor. If we could do…
Read More » - Opinion
The Home Depot Employee Clash With Management Over BLM Logo Offers a Lesson on Rights and Contracts
Several employees at a Home Depot in Minnesota decided to affix Black Lives Matter labels onto the aprons given to…
Read More » - Opinion
These Widespread Shortages Can’t Be Explained by Supply Constraints Alone
All sorts of shortages are now popping up in our economy. At the head of the list is undoubtedly infant…
Read More » - Opinion
Why You Shouldn’t Celebrate the TSA for Employing 47,000 Workers
I recently took an airplane trip, departing from a medium-sized city. There must have been, oh, at least 100 Transportation…
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Why Nancy Pelosi Once Cut Off an Interview After She Was Asked about Unpaid Interns in Her Office
Traditionally, internships were supposed to be non-paying “jobs.” The idea behind this initiative was that the student, or young person,…
Read More » - Opinion
The Divergence Between Wages and Productivity. Mirage or Reality?
The famed English author Charles Dickens wrote A Tale of Two Cities. Today, we are going to consider “a tale…
Read More » - Money & The Economy
Why Grocery Stores Run So Much More Efficiently Than DMVs
Most shoppers don’t fully appreciate what goes on behind the scenes at their grocers. Yes, nowadays, with empty shelves all…
Read More » - Opinion
Debunking the Myth That Minimum Wage Laws Are ‘Progressive’
The minimum wage is a sort of litmus test. And not only for economists. For social justice advocates, too. Forget,…
Read More » - Opinion
Buy American? What Protectionists Get Wrong about Free Trade
Even many of those who are otherwise inclined in the direction of free enterprise have an Achilles Heel when it…
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