Stiglitz Is Wrong About Marginal Pricing
Rising income inequality and concentration of resources into fewer large firms are not a problem for marginal-pricing theory.
Rising income inequality and concentration of resources into fewer large firms are not a problem for marginal-pricing theory.
The advent of health insurance and regulated health care brought a new era of rampant health care inflation.
Encouraging entrepreneurship — not public accommodation — is the key to making more products and services available to everyone.
Lucky for Americans in need, Wal-Mart is there to provide the services that government will never be able to do well.
Emperors can rest on their laurels but capitalists never can.
Both workers and elites fear new market and technological innovations. The latest protests are nothing new.
The number of faults that have been alleged against capitalism are without limit. Few have any merit.
Small boarding houses once provided affordable housing for a large number of working-class Americans. They're mostly illegal now.
Whether it be the owner, the general manager, or the head coach, whomever has the final say on draft day is making a judgment in the face of uncertainty that they hope will benefit their organization.
We can have a competitive marketplace if government will just get out of the way and stop erecting barriers to creating new businesses and new competitors for established companies.