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Poor incentives create poor outcomes, and government subsidies for higher education institutions have created poor incentives in spades.
Austrian Economics OverviewHistory of the Austrian School of EconomicsOther Schools of Thought
Global EconomyWorld History
As it celebrates 70 years of the "People's Republic," China shouldn't forget its rise was made possible by its turn away from communism.
In Argentina’s case, it seems that old political habits of anti-capitalist policy die hard. So, no matter who ends up winning the presidency in October, the Argentine people are set to lose.
Free MarketsHealthU.S. Economy
Here we see two rival strategies to marketing healthcare services. The status quo is based on insurance payments and price secrecy. Walmart's strategy is based on price competition.
The big differences between the economies of Ireland and Portugal illustrate how the eurozone's design just doesn't fit with modern economic realities.
The last thing we need is a government "solution" to corporate efforts to crush speech and dissenting opinions. Answers lie in the marketplace.