Profiles

Such is not the stuff of shortages but of market prices coordinating the allocation of scarce resources exceptionally well — and in reality, not just theory...

The odd twists of this episode of protectionist plunder would not have surprised Bastiat.

Consumers are eating shrimp like never before, writes Don Mathews, so why is the industry so unhappy?

What is the true extent of poverty in the U.S.? We'll never know. The official measures are problematic to the point of being meaningless. But the larger lesson of the Census Bureau's difficulties in estimating poverty is that any measure of poverty is bound to be problematic to the point...

Last week the Peach State continued to buck the national trend. By a vote of 127 to 47, the Georgia House of Representatives defeated Governor Sonny Perdue's proposal to raise the state's tax on cigarettes from 12¢ per pack to 58¢ per pack...