The Economics of Coupons and Other Price Cuts
Some people think coupons and targeted discounts are a racket. Here I argue that they are wholly justified.
Some people think coupons and targeted discounts are a racket. Here I argue that they are wholly justified.
The ghostwriting black market is a slice of spontaneous order that has arisen from the need to circumvent the inefficiencies of the public-education system. The industry is so profitable that some even make it a full-time job.
The tendency for politicians and technocrats in search of solutions is to devise grandiose plans that involve more testing, regulation, and spending. However, these schemes do nothing to alleviate the root cause of the problem.
Mitchell's book on the American political landscape seems to leave out those who believe in liberty alone.
Governments can perpetuate violence in war and against the civilian population every day, but when a private person does the same for political reasons, a struggle ensues to see which line of thinking will pay what price.
Why did I feel as if I were teaching junior-high-school students in university, and why did nobody in authority seem to care?
Thinking through the economics of big cities sheds light on general principles of free markets.