Entrepreneurship
The Economics of Slushy Drinks
At $3 a pop, these little things seem like a rip-off. Yet consumers keep buying under the right conditions: mostly sports events for kids. What's more, competition isn't pushing the price down. Let us see how this all makes sense from an economic point of view.
The Wicked Work of Medical Patents
Patents are one of many driving forces behind rising medical costs. It is not just MRI machines.
Jane Jacobs: Libertarian Outsider
The basic logic of Jane Jacobs’s work must lead an attentive reader inexorably to a libertarian view of human social relations.
The Blessed Institution: Liberty
I use the term "liberal" without irony or contempt, for the liberal tradition in the true sense was devoted to freeing people from the shackles of the state.
Atlas Shrugged: Sanitized and On the Fly
For instance, Ayn Rand was a passionate smoker. None of the principle characters in <i>Atlas Shrugged: Part I</i> smokes.
Coming Home
Meet My Benefactor
I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met.
Meet My Benefactor
I happened to sit down next to a man last week who has been my benefactor for my entire life and the large part of his, and yet we had never met. In fact, though he has been serving me faithfully for three decades, looking after my well-being and trying to improve my standard of living, he didn't even know my name.
Work in Progress: A Boy and His Mom
My mom's secret was that no matter what task she tackled, she worked very fast.