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California’s legislature wants to combine the idea of two-part price discrimination with a soak-the-rich mentality in charging for utilities. What possibly could go wrong?
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World News
Economists use time preference to explain the existence of interest, but the ability of people to postpone some present consumption in order to save...
World News
It was a fundamental mistake . . . to interpret economics as the characterization of the behavior of an ideal type, the homo oeconomicus....
World News
Connor O’Keeffe joins Bob to discuss the recent antisemitism bill and why we should be defunding universities.
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World News
“The public be damned” is a statement by railroad magnate William Henry Vanderbilt that has been twisted out of context. While the American ruling...
World News
In reviewing Reconsidering Reparations by Olúfẹ́mi O. Táíwò, David Gordon and Wanjiru Njoya point out the book’s many fallacies and the lack of a...
World News
As the official government in Haiti loses control, many are calling it a failed state. Crises like this are often evoked to discredit libertarians....
World News
When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher...
World News
While Vivek Ramaswamy was unsuccessful in his Republican presidential primary bid, at least he helped to demystify the Federal Reserve. This is not the...
World News
Congress and the courts have eviscerated the Constitution to empower police dogs. The injustices are massive, but the authorities don’t care.
World News
Contrary to popular opinion, bank capital is not a reserve to cover potential losses. In fact, even the ill-fated Silicon Valley Bank had adequate...
World News
While the ruling elites decry populism, what they don’t say is that populism has arisen precisely because the ruling classes have done everything they...
World News
“Carl Menger’s writings are the closest to Randian doctrines that have ever emanated from any economist. It will follow that we should read and...
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