The Library of Economics and Liberty
The Reality of Markets
You’re sitting in your house and it seems unusually chilly for a hot summer day. The air conditioning is roaring…
Read MoreA Marvel of Cooperation: How Order Emerges without a Conscious Planner
One of the great virtues of economics is how it illuminates the unseen and the hidden. Frederic Bastiat, in his…
Read MorePresidential Economics: What Leaders Can and Cannot Do about the State of the Economy
The Presidential campaign season is about to go into full swing. The conventions are coming, to be followed by a…
Read MoreIs Bethlehem Steel the Canary in the Economic Mine Shaft?
Bethlehem Steel recently announced that it was declaring bankruptcy. Bethlehem Steel? What’s next, General Motors? That’s the impression I got…
Read MoreDo “Big Box” Retailers Harm the Quality of Life?
Near where I live is a charming little stretch of shops called “the Loop” that caters to students and the…
Read MoreHow Safe is that Trucker in the Window?
You might have noticed that Mexican trucks have been in the news lately. Who wins and who loses when Mexican…
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