Topic: Free Markets

Parity in Labor Transparency

– April 24, 2024

“If workers are going to grant a labor union the extensive powers over them that federal law has authorized, workers should be able to know whether the ‘coworkers’ advocating the union are paid representatives of Big Labor. ” ~Michael Watson

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Will Caitlin Clark Be Grossly Underpaid?

– April 23, 2024

“There simply isn’t enough demand for seats at, merchandise related to, and streaming of women’s sports to support WNBA players at NBA salaries.” ~Art Carden

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Why Even Insiders Underestimate Markets’ Power

– April 23, 2024

“There tend to be more and better substitution possibilities known to both buyers and sellers than we recognize from the outside of those exchange relationships.” ~Gary M. Galles

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Breaking the Shackles of Socialism in Africa 

– April 22, 2024

“A new generation of Africans (Wade labels them the Cheetah Generation) are rejecting socialism and embracing entrepreneurship and markets as the path to human flourishing.” ~Marcus Witcher

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Nippon Acquisition of US Steel 

– April 18, 2024

“Despite its shrunken condition, the Japanese suitor looks to infuse new life into this former behemoth with an infusion of cash, technology, and vision. Blocking this acquisition will result in losses to shareholders, workers, and our economy.” ~Joel Griffith

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Economic Development is not a Zero-Sum Game 

– April 12, 2024

“By equating profit-making, as such, with evidence of greed and immorality, [the Vatican] perpetuates the harmful zero-sum mentality of mercantilism and socialism. ” ~John C. Pinheiro

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Look With Two Is

– April 10, 2024

“Look at institutional arrangements as they actually play out, making the comparison by looking through two Is: information and incentives.” ~Michael Munger

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The Middleman Is a Public Servant

– April 10, 2024

“Letting people make their own choices is an important part of respecting one another as free equals… We don’t help people by prohibiting the choices they actually make.” ~Art Carden

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China’s Economic Facade is Cracking 

– March 25, 2024

“The country is reaping the whirlwind of conscious decisions on Beijing’s part over the past 15 years to embrace more state-centric economic policies.” ~Samuel Gregg

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Uber and Lyft Drive Out of the Twin Cities

– March 22, 2024

“When costs go up, the money to pay for the increase can only come from one of three places: customers paying higher prices, business owners earning less profit, or workers being laid off, losing work hours, or losing benefits.” ~James Harrigan

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Commoditizing Excess Capacity

– March 18, 2024

“If all the cars, and apartments, have people using them, and all the tools have people making things with them, we will need far fewer of those things. We have ‘enough’ stuff, it’s just in the closet.” ~Michael Munger

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DOJ Makes Our Skies Less Friendly

– March 6, 2024

“The damage done by allowing ‘anticompetitive’ mergers dissipates over time, but the benefits of erroneously prohibiting beneficial ones are lost forever.” ~Tarnell Brown

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