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Opinion
Profits Are Awesome, and All around Us
Profits have a bad press. Perhaps second to private property (theft, according to Bakunin) profits are the devil incarnate in…
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Opinion
Could the Entire Banking System Come Tumbling Down?
How does one describe our present banking system? It is like an upside-down pyramid, with the tippy top of it…
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Opinion
What the Wall Street Journal Headline about the Economic Implications of ‘Women Rejoining the Workforce’ Gets Wrong—and Right
According to a headline blaring on the front page of one of America’s leading newspapers, “Women Rejoin the Workforce, Adding…
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What Mises Understood about Prices and Trade That Socialist Economists Did Not
Socialism is a very popular system. Vermont Senator Bernie Sanders attracts thousands of fellow economic innocents on college campuses, and…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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,…
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