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.
Value and Exchange
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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.
A Tariff with Mexico Will Ensure Americans Pay for Border Wall
"Tariff," after all, is just a fancy word for "tax."
The Dangers of a “Universal Basic Income”
A "universal basic income" serves to make workers and entrepreneurs less likely to produce goods and services the consumers need most.
Why Markets Produce “a Race to the Top”
The unregulated SEO industry shows how companies seek to out-do each other in terms of quality for customers.
Will Europe’s Labor Laws Kill the Gig Economy?
Independent contractors such as Uber drivers may be legislated out of existence by European politicians.
The Real Reason to Oppose the Dakota Access Pipeline
In Iowa, the Dakota Access Pipeline has relied on government to seize land from private-property owners unwilling to grant access to the oil companies.
Four States Vote to Punish Low-Skilled Workers With Minimum Wage Hikes
Recent minimum wage increases will both increase the cost of living and limit employment for low-skilled workers.
