3 Lessons Learned from Wisconsin’s War on Foreign Butter
Wisconsin's foreign-butter ban may seem like a small issue, but it illustrates the problems that arise when government limits trade in any way.
Value and Exchange
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Why Special Interests Sacrifice the Future for Short-Term Gain
When they ignore basic economics, special interest groups sacrifice the well-being of their future members in exchange for short-term gains.
Kirzner Reviews Rothbard
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.
L.A. to Worsen Housing Shortage with New Rent Controls
Housing activists in Los Angeles hope to expand rent control there. This will make the city's housing crisis even worse.
The Problem with Paid Parental Leave
Once again, good-intentioned policies that ignore the laws of economics only hurt those who they were originally intended to help.
Don’t Confuse Immigration with Naturalization
Governments made a mess of immigration thanks to their naturalization and welfare policies. But the answer is not to further limit property rights.
Dwight Schrute Shows Us Why Speculators Are So Important
The TV character Dwight Schrute provides some valuable insights into how speculators provide essential and praiseworthy services in the marketplace.
Say’s Law: The Antidote to Countless Economic Fallacies
Say's Law essentially tells us that we produce in order to consume. Once we start thinking we can consume before we produce, we get into trouble.
Why Those Student Loans Aren’t Getting Paid Off
The total amounts taken out to pay for college degrees are much higher than the value of the degrees themselves. There is a market solution to this.
Wealth Isn’t Just Measured in Money — It’s Measured in Choices
Don't compare incomes today to incomes of long-ago time periods. The wealth and choices available to income-earners has changed drastically over time.
