Profiles

Major league baseball wants to cut back the minors in order to cut losses. But Bernie Sanders has other plans that may ultimately help kill pro baseball.

Economists don't claim that self-interest is a moral good. They simply recognize it's an important part of human nature, and that government and social institutions must be designed for the human beings that actually exist — callous self-interest and all.

Governments routinely bribe suspects into accusing others in exchange for reduced sentences. Thus, suspects are willing to say pretty much anything prosecutors want them to. Governments are fine with this.

Rising property values are nice for those who own property, but they raise the barriers to home ownership and business startups for everybody else.

The Fifth Amendment in the Bill of Rights prohibits trying a person twice for the same crime. But the federal government now routinely ignores this.