Michel Accad, MD, Leads Bob on a Discussion of “Efficiency” and “Market Failure” as Used in Health Economics
Bob Murphy and Michel Accad discuss the development of “welfare economics” in mainstream theory.
Bob Murphy and Michel Accad discuss the development of “welfare economics” in mainstream theory.
There is almost no economic problem, real or imagined, that cannot be made worse by inappropriate government regulation. Antitrust is no exception.
What is particularly scary is that the whole argument for the new law was not really about saving lives or reducing gun violence, but is about Brussels ordering Switzerland to modify gun laws to comply with EU gun control standards.
Beyond the usual arguments about incentives and taxes, UBI is a dangerous policy that supercharges the state and threatens to heighten tensions between different groups in society.
Bob Murphy disagrees with Tucker Carlson's unambiguous approval of Elizabeth Warren’s call for “economic nationalism”.
Bob Murphy discusses Krugman's shocking willingness to harm the country—as long as it denies Trump a political victory.
The rhetorical framing of "climate change" is far removed from the underlying research. And the real-world costs of "doing something" are rarely considered.
Both ideological anti-capitalism and economic factors contribute to the way Africa lags the rest of the world in the conquest of poverty.
Jeff Deist and Matt McCaffrey discuss Omnipotent Government's absolute relevance today.