How to Ask for a Raise

– October 25, 2019

If you want to renegotiate and ask for different terms, that should be seen as just doing business. If it works, great. If it does not, you have to choose whether to stay.

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The Economics of Hitchhiking

– October 21, 2019

If you pay attention, you’ll notice a lot of things that “economists in their studies” may not be able to imagine. But they exist. Because people are really good at finding ways to cooperate.

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Economic Freedom and Development in the Real World

– October 2, 2019

As our world continues to develop economically, people’s desire and ability to interfere with the process seem to grow.

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In Defense of Share Buybacks

– September 25, 2019

“The confused objections to share buybacks illustrate the failure to look past the immediate effect and to understand what financial markets do.” ~ Joakim Book

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What Seinfeld Can Teach about Industrial Policy

– September 23, 2019

That Seinfeld was seen by top NBC executives as less-than-promising, only for it to become a multi-billion dollar blockbuster, is a reminder that when it comes to the future of commerce, predictions aren’t worth the paper they’re printed on.

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“Price Gouging” in Desperate Situations

– September 23, 2019

It is precisely when people are at genuine risk of actually dying for want of the likes of food, water, and shelter that the case against prohibitions on “price gouging” is strongest.

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It’s a Bird! It’s a Plane! It’s … the Speculator!

– September 19, 2019

You have heard, no doubt, that we are going to run out of oil. Is there any hope? Can we escape the calamity? Whatever might we hapless citizens do? This sounds like a job for … the Speculator!

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markettiming

If You Are Early, You Are Wrong

– September 6, 2019

Before a financial meltdown, there is no way to tell with certainty that such a financial meltdown is imminent, even though a lot of pundits and cranks try.

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burstingbubble

A Measly Five Bucks to Bust Out of the Ideological Bubble

– July 26, 2019

Apparently nobody, not even the Gray Lady, rigorously fact checks anymore. Or is it that only books reviewed in a few elite outlets count and none happen to critique finance from the non-left? Heck, I can almost hear the editors ask themselves: Only people on the left write the right kind of books, right?

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complexmachine

America Needs You, Don Lavoie

– July 26, 2019

In a world where it sometimes feels like free market advocates are tolerating more intervention in our economy than we would have ever predicted, Lavoie calls upon us never to forget the abiding importance of remaining true to one’s belief in the power and humanity of markets.

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iosl-staff

When Government Fails, Communities Take Care of Themselves

– July 18, 2019

In the early- and mid-20th century, systemic racism often meant that African American communities were excluded from government welfare programs. In the face of this injustice, we see numerous examples of communities stepping up to take care of each other when government officials turned the other way.

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Universal Basic Income Is Little More Than Smoke and Mirrors

– June 17, 2019

The prospect of a safety net devoid of loopholes and bureaucracy is tantalizing. Unfortunately, fiscal reality reveals UBI to be little more than clever arithmetic and a distraction from more modest changes to welfare policy and the tax code that would directly help those most in need.

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