Texas price gougers are hurricane heroes
August 30, 2017 – Daniel Mitchell …… Price gouging is socially beneficial. Government laws against price gouging are socially harmful.
Common Sense Economics
Water is NOT a precious resource
August 29, 2017 – Donald Boudreaux …… So why do we need low-flow faucets?
Is “buying local” even possible?
August 28, 2017 – Anthony Gill …… The operative question is whether any product is truly “local”. If you are familiar with Leonard Read’s famous I, Pencil, then you won’t be surprised to find out that even the simplest things (e.g., pencils) are made from materials and labor all over the world.
In defense of Hudson’s Bay, against those busybody bureaucrats
March 22, 2017 – Lee Friday …… Despite the name of this federal agency, the Competition Bureau lacks an appreciation of the nature of competition and the ability of discriminating consumers to recognize uncompetitive offerings.
Does ‘consumer spending’ really help the economy?
February 28, 2017 – Lee Friday …… Retail sales figures are announced and discussed on a regular basis by business reporters in the mainstream media. The conventional view is that rising sales i.e. more consumer spending is a symptom of a healthy economy. However, this view is a symptom of economic ignorance.