Tag Archive for economics

Boudreaux On The Fatal Silence of Markets

Another brief and wonderfully-written column. Do read the entire thing, it’s brief. Silence golden for market economy – TribLIVE: But when the market works smoothly — as it typically does — hardly anyone notices. We take its successes for granted.…

Why Free Markets Are the Best System Of Allocation

Fantastic column from Dr. Horwitz. “Who Gets What” Is Only Half the Problem – The Future of Freedom Foundation: But whatever the advantages and disadvantages of non-price allocation systems, they all have one enormous defect: the way goods are allocated…

How Govt. Warps Markets and Prosperity: Milk Edition

Remember this old post on Collusion, Price-Gouging, or Predatory-Pricing? Worth a chuckle. Need more evidence of how govt. warps markets and sensible behavior? State regulators crack down on grocery chain for selling cheap milk – The Daily Caller: Louisiana state regulators recently…

Chicago Healthcare and Top Sirloin

Reading this story about Rahm Emanuel and union/govt/municipal healthcare made me think of an old piece from Dr. Russ Roberts. This. Rahm’s ObamaCare Brainstorm – WSJ.com: Chicago may dump its retiree health costs on federal taxpayers. … Rahm Emanuel’s parting…