It’s Time to Break Up New York State
Neil Sedaka said it best – “breaking up is hard to do”. Ask any 16-year-old and they’ll tell you that’s certainly true, but Rep. Marjorie Taylor Greene (R-GA) recently made headlines when she suggested not just a breakup, but a
Will Europe’s Politicians Ever Get their Coveted Universal Vaccination?
Several countries have introduced mandatory “health passes” and made Covid-19 vaccination compulsory since last summer. The vaccination mandates represent a massive infringement of human rights and their medical justification has dwindled over time. Yet, governments are doubling down on their
The Task Confronting Libertarians
From time to time over the last 30 years, after I have talked or written about some new restriction on human liberty in the economic field, some new attack on private enterprise, I have been asked in person or received
Milton Friedman Unraveled
Volume 16, Number 4 (2002) Mention “free-market economics” to a member of the lay public and chances are that if he has heard the term at all, he identifies it completely with the name Milton Friedman. For several years, Professor Friedman
What are the Politics of Inflation?
With the prices of everything rising at historic rates, no issue is shaping politics more right now than inflation. Unfortunately for Americans, Republicans in Washington appear no more serious on the Federal Reserve than the Biden Administration. What lessons can be
The Problem with Public Goods and So-Called Economic Power
In this week’s column, I’d like to discuss two arguments Murray Rothbard gives that respond to influential criticisms of the free market. His answers to the two arguments follow a common strategy. In each case, he rejects the key premise
Do Markets Cater to Our Worst Impulses?
For all the great value in Heather Heying and Bret Weinstein’s new book, A Hunter-Gatherer’s Guide to the 21st Century, we find plenty of enmity toward markets and market forces. The market’s avarice and ravenous desire for growth is bad for
Women Representation: A Corporate Spree
With two years into the pandemic, diversity hiring has increased across industries and at all levels of the corporate space. This is partially true because of the path that COVID-19 has traced for a gig economy. The mere introduction of
Unmask America
Enough is enough. It is time to stop wearing masks, or at the very least to eliminate mask mandates in all settings. This is especially urgent for children in schools and universities, who suffer the effects of masks for long hours each day
Stop Trying to Turn Economics into a Branch of Psychology
Recently, a relatively new economics called behavioral economics (BE) has started to gain popularity. Its practitioners, such as Daniel Kahneman, Vernon Smith, and Richard Thaler, were awarded Nobel Prizes for their contribution in the field of BE. The BE framework emerged