Value and Exchange
The Dangers of a “Universal Basic Income”
A "universal basic income" serves to make workers and entrepreneurs less likely to produce goods and services the consumers need most.
Why Markets Produce “a Race to the Top”
The unregulated SEO industry shows how companies seek to out-do each other in terms of quality for customers.
Will Europe’s Labor Laws Kill the Gig Economy?
Independent contractors such as Uber drivers may be legislated out of existence by European politicians.
The Real Reason to Oppose the Dakota Access Pipeline
In Iowa, the Dakota Access Pipeline has relied on government to seize land from private-property owners unwilling to grant access to the oil companies.
Four States Vote to Punish Low-Skilled Workers With Minimum Wage Hikes
Recent minimum wage increases will both increase the cost of living and limit employment for low-skilled workers.
Ignorance Is More Costly in Politics than in Markets
Not understanding how politics works will prove to be much more harmful than ignorance about how markets work.
Will Eliminating Cash Save the Economy?
As another step toward greater use of negative interest rates, the abolition of cash will only lead to the destruction of wealth.
Is it Junk or Is it Art?
The value of objects can change without any physical change to the object at all. I need only tell you that some junk you see is really art.
How I Became an Agent for America’s Most Powerful Cartel
The NCAA is a powerful taxpayer-subsidized cartel that largely exists to deny the athletes the compensation they would earn in a working marketplace.