Towards the end of the 18th century, England began sending convicts to Australia. The transportation was privately provided but publicly…
As much as commentator Russell Roberts loves the idea of space exploration, he doesn’t want to have to pay for…
When our children got old enough, we’d play Monopoly, a game that was an important part of my childhood. The…
From National Public Radio’s Morning Edition Click here for audio edition. Those Senate hearings on the cause of high gasoline…
You’re sitting in your house and it seems unusually chilly for a hot summer day. The air conditioning is roaring…
The other day I had to get some important tax receipts to my accountant. He’s in St. Louis, it was…
TESTIMONY U.S. HOUSE OF REPRESENTATIVES THE COMMITTEE ON ENERGY AND COMMERCESUBCOMMITTEE ON COMMERCE, TRADE, AND CONSUMER PROTECTION APRIL 28, 2005…
One of the great virtues of economics is how it illuminates the unseen and the hidden. Frederic Bastiat, in his…
From National Public Radio’s Morning Edition The truth is, there’s no such thing as a safe drug. Every drug has…
From Ideas on Liberty, Vol. 50, No. 12, at FEE.org At current tax rates, barring a recession, the federal government…
A friend of mine asked me the other day about Nickel and Dimed, Barbara Ehrenreich’s experience as a low wage…
California has recently decided to make sure farmworkers are treated more humanely. Here’s the headline and the opening from the…
(Full Article in USA Today) When it comes to money, even a lot of money. Let’s say it is $422 billion.…
The Presidential campaign season is about to go into full swing. The conventions are coming, to be followed by a…
Note: Newsweek Japan asked me and others to comment on ten questions related to the global economy. Here’s the question…