Value and Exchange

It is a widespread fallacy that skillful advertising can talk the consumers into buying everything that the advertiser wants them to buy.

The taxpayers will complain a little, but they'll be sure to re-elect most of the politicians who gave us this status quo.

The way that government collects taxes is awful. The process of spending it is even worse.

Thanks to government loans, the price of college has skyrocketed in recent years because student loans mean colleges can raise their prices without driving away otherwise-price-sensitive students. Only a fraction of the hefty price hikes go toward classroom instruction or core educational...