In this three-lecture course, professor Mark Thornton will explain how prohibition has changed not only the market for marijuana, but also the characteristics of the drug itself.
Interventionism
Lame-duck Congress Looking to Ban Online Gambling
As more states consider legalizing online gambling, Republican Senators look for a new Federal ban.
Countless Ordinary Americans Benefit When Companies Move to Mexico
Companies relocate in order to serve their customers better with less-expensive products. In the media, these unseen customers are usually ignored.
The Week in Review: December 3, 2016
American's should worry less about companies leaving for oversees, and more about how government is eroding their freedoms.
How Government Regulation Makes Us Poorer
What hurts workers — and keeps them poor — is government regulation, which restricts competition.
Trump Turns Down the TPP
Week in Review: November 19, 2016
In Europe, politicians continue to try to come to grips with both Brexit and Trump's election.
The Global Anti-Cash Axis Targets Australia
The global war on cash is remarkably well coordinated. The Anti-Cash Axis eyes Australia next.
Brexit and the Bureaucracy Beast
The cabinets come and go, but the bureaus remain.
Brad DeLong Labels Bastiat a Modern Liberal
In a recent blog post Professor J. Bradford DeLong encourages a new follower to read Bastiat because he is a good economist and a modern liberal.