Topic: Free Markets

Economic Education, Free Markets, Government

On the Negative Consequences of Price Floors

– July 21, 2022

“As with price ceilings, if more people understood the full economic consequences of price floors, public support for the especially pernicious piece of legislation called ‘the minimum wage’ would plummet.” ~ Donald J. Boudreaux

Energy, Environmentalism, Free Markets

If You Want To Get Climate Serious, Get Nuclear Serious

– July 21, 2022

“Utilities are having to produce more electricity while giving up coal and gas to do it. Nuclear is the strong third leg of the future electricity stool.” ~ Llewellyn King

Economic Education, Economic Theory, Free Markets

Micro-Microeconomics

– July 20, 2022

“A renewed examination of the most basic economics—the theory of the good—might yet generate a revolutionary micro-microeconomics.” ~ Caleb S. Fuller

Free Markets, Government, Regulation

If Republicans Won’t Be the Party of Business, What Will They Be?

– July 19, 2022

“Republican support of Sen. Klobuchar’s bill is indefensible, and it raises a basic question of what Republicans will be if they’re not going to be the Party of business and achievement.” ~ John Tamny

Crisis, Economic History, Energy, Free Markets

End the Gasoline Crisis: Try Motivation by Love, Not Fear

– July 18, 2022

“It is time to unleash the market to produce more, rather than excoriate the oil producers. Try some motivation by love, President Biden, not motivation by fear.” ~ Raymond C. Niles

Economic Education, Free Markets, Technology

Will Google Ever Lose Its Monopoly?

– July 18, 2022

“When Google fades into the history books, it won’t likely be due to actions taken in Washington. It will be due to the foresighted behavior of someone somewhere digitally tinkering in a garage. You know—the way Google did it.” ~ Caleb S. Fuller

Free Markets, Government, Regulation

Rethinking Regulatory Capture

– July 16, 2022

“Stigler concluded that regulatory agencies are captured by the firms they regulate. Still, ultimately, it is the regulated firms that become captured by the legislators and regulators who have the power to terminate their regulatory protections.” ~ Randall G. Holcombe

Free Markets, Government, Regulation

Five Negative Consequences of Price Ceilings

– July 15, 2022

“The public often supports price ceilings – support that would surely disappear if the public understood the basic economics of this harmful government intervention.” ~ Donald J. Boudreaux

Classical Liberalism, Economic Education, Free Markets, Socialism

Parity Without Socialism: Economic Freedom and Opportunity for Women

– July 14, 2022

“There is a simple policy solution for expanding opportunity for women and giving voice to them: increased economic freedom. Markets solve, as we discovered in undergraduate microeconomics… and without the unintended consequences of illiberal intervention.” ~ Megan V. Teague & Nikolai G. Wenzel

Free Markets, Government, Policy

The Problem of Policymaker Ignorance

– July 14, 2022

“Policymakers are forever in search of causal knowledge and powers – to both know enough and be capable of bringing about specific states of social affairs – that no mortal can possess.” ~ Scott Scheall

Free Markets, Regulation, Science

Harm Reduction Takes a U-Turn on Vaping

– July 14, 2022

“If the pandemic taught us anything about public perceptions of risk, it is that we must empower individuals to make decisions to improve their own situation rather than making it for them.” ~ Yaël Ossowski

Energy, Environmentalism, Free Markets

Is Biomass “Green” Energy?

– July 13, 2022

“Level field, no favor is a pro-consumer, taxpayer-neutral approach to energy policy. Voluntary transactions between consenting adults within a rule-of-law framework can be expected to arrive at efficient solutions.” ~ Richard W. Fulmer & Robert L. Bradley Jr.