Free Markets

For the usual readers of free market books, Naked Economics promises exciting reading. Charles Wheelan, an American correspondent of London’s Economist 

In the decades following World War II, when the scope of government was increasing dramatically, Alan Peacock was one of those rare British economists who argued for less government.

This book is a collection of ten previously published essays that address some of the most important questions of twentieth-century America.

 I appreciate the fact that the author attempts to construct logical rather than mathematical arguments, as seems to be the disease that has struck most of the economics profession at the present time. 

Among all those goods which have been offered as examples of public goods, national defense and lighthouses have been among the most frequently cited.

All human institutions — governments, markets, money, etc. — suffer from the same problem: the imperfections so bitterly denounced by Schmookler. Greed, ignorance, myopia, irrationality are endemic in them all. 

Carnis reviews these two significant and imposing works that were published almost at the same time and are directed to readers interested in the topic of road infrastructure management.

The fundamental idea behind this book, as its title suggests, is that innovation is the driving force behind the remarkable growth miracle of capitalism. 

The condition of the American medical profession at the close of the Civil War was, in almost every particular, significantly different from that w

This essay presents a conceptual and moral rather than an economic analysis of “baby-selling.” Its purpose is to address certain fundam