In its usual form, the case for privatizing public parking invokes the basic economic principles of supply and demand. This case is usually restricted to private parking lots and garages. For example, Walter Block discusses how market incentives can drive parking rates to rise to eliminate shortages here. A more radical proposal is the privatization of public parking altogether.

Last month, New York City homeowner Adele Andaloro was arrested after changing the locks on a house that had been seized by squatters. According to The New York Post: “Andaloro was charged with unlawful eviction because she had changed the locks and hadn’t provided a new key to the residents. The residents, however, are squatters.

Per Bylund has called for a new Methodenstreit in economics. He’s referring to the late-nineteenth-century debate between Carl Menger, representing the newly dubbed “Austrian School,” and Gustav Schmoller, representing the German Historical School. The Historicists derided Menger’s causal realism, in which the laws of economics are derived from the fundamental character of human choice.

Approximately forty-nine million people joined Brazil’s carnival festivities this year, spanning five days from February 9 to 13. Originally Catholic, the holiday has evolved to have numerous parades, known as “blocos” in Portuguese.

The conservative government in the United Kingdom champions the view that giving more foreign aid to developing countries will fuel economic growth that, as a bonus, will help to resolve the ongoing migration crisis.