Prices

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The Eclipse: How Markets Could Have Prevented the "Traffic Nightmare"

PricesValue and Exchange

Blog08/22/2017
After the eclipse, access to major roadways should have been priced according to highway capacity and demand.

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Why Government Has a Dangerous Obsession with Statistics

Big GovernmentCalculation and KnowledgePrices

Blog08/08/2017
In a free market, businesses have little need of economy-wide statistics. They are, however, desperately needed for any sort of government planning.

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How Governments Outlaw Affordable Housing

The EntrepreneurPolitical TheoryPricesPrivate Property

Blog05/04/2017
In many places, rent growth means more housing is badly needed. Unfortunately, local governments are working hard to limit the supply of housing.

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Rising Oil Prices Don't Cause Inflation

Prices

Blog05/01/2017
The core driver of general increases in prices of goods and services is central-bank driven money-supply growth, not the price of oil.

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Busting the "Free College" Myth

Taxes and SpendingPolitical TheoryPrices

Blog04/17/2017
If New Yorkers wanted to help students by paying for their tuition, they would have already done so on their own.

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Jeff Bezos Got Rich By Giving His Customers What They Want

The EntrepreneurPricesValue and Exchange

Blog04/07/2017
Jeff Bezos is now rivaling Bill Gates for the richest man in the world title, but only after decades of making everybody else a little bit richer first.

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Kirzner Reviews Rothbard

Capital and Interest TheoryHistory of the Austrian School of EconomicsPricesValue and Exchange

Blog03/30/2017
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.

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Academia 'Plays Market' With Dire Consequences for Science

EducationAustrian Economics OverviewPrices

Blog03/30/2017
Higher education and scientific research have been cut off from its customers by government intervention.

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How the Global Drug War Pushed Down Heroin Prices

Legal SystemWorld HistoryPrices

Blog03/23/2017
As the Drug War attacked heroin production in one place, it encouraged increases in heroin production in other places, pushing down global prices.

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NFL Free Agency and the Market Process

Free MarketsEntrepreneurshipPrices

Blog03/09/2017
Any serious analysis of the NFL is incomplete without a sound understanding of basic economics.

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