Cracked Shells: Why Egg Prices Are High
As egg prices rise, the usual progressive suspects claim it is due to monopoly power by egg producers, calling for government intervention. However, the real reason is government intervention itself.
Price Controls
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The Economic and Social Consequences of Rent Control
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
How the Government Created Exorbitant Insulin Prices
Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.
The Economic and Social Consequences of Rent Control
Rent control always results in housing shortages and deteriorating housing stock. Governments and activists, unfortunately, never learn any lessons.
How the Government Created Exorbitant Insulin Prices
Progressives blame the free market for insulin prices and want to impose price controls. But, government regulation is to blame.
Was Ricardo’s Comparative Advantage Really Different From What Adam Smith Said About Foreign Trade?
In this episode, Murphy clarifies what is right and wrong on comparative advantage.
Kamala Harris’s Price-Fixing Scheme Would Lead to Food Shortages
Kamala Harris claims that she simply wants food prices to be lower. However, her de facto price fixing scheme would create food shortages and raise the real price of food. Of course, when that happens, Harris simply will blame capitalism.
Does Advanced Econ Justify Kamala Harris on Price Gouging?
Dr. Jonathan Newman joins Bob to analyze Kamala Harris's proposals against price gouging, and how some mainstream economists defend Government price controls.
Nigerians Should Understand Their Long-Run Interests
As inflation gets worse in Nigeria, politicians call for price controls and other government interventions. Unfortunately, they never consider the option of free markets.
