The Free Market

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You Can't Run an Economy With Spreadsheets

Global Economy

09/07/2014The Free Market
Argentina’s economic minister, Axel Kicillof, has become famous for his assertion that it is possible to centrally manage the economy now because we have spreadsheets.
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Y2K and the Banks

Money and BanksMoney and Banking

04/01/1999The Free Market
The Y2K computer bug isn't like a natural disaster or mass disease. It is a technical problem with a technical fix that can be overcome with work and time. However, and without speculating about the ultimate fallout from the problem, the bug has exposed a very real and deep infraction that has long...
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You (May) Win!

Big GovernmentInterventionism

05/01/1998The Free Market
For years I received the Publisher's Clearing House Sweepstakes mailing and just tossed it. No way would I waste my time for what amounts to a minuscule chance to win a bundle of dough. Sure, some folks win, but they are extremely few. The gimmicks were too obvious. ("When you win, do you want a...
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