The Myth of Market Failure
Mainstream economists often claim that “market failure” is everywhere. However, when one investigates these so-called failures, one has to conclude that government intervention often is behind them.
Mainstream economists often claim that “market failure” is everywhere. However, when one investigates these so-called failures, one has to conclude that government intervention often is behind them.
Are wealthy people getting wealthier because they work harder? Dr. Jonathan Newman is back on the show to discuss Robert Reich's latest video about debunking economic myths.
If we could abolish public schools and compulsory schooling laws, we would have better schools at half the price—and be freer too.
While capitalism gives rise to prosperity and freedom, the state thrives on an economically ignorant public.
How a person uses the right to associate (and to not associate) is a matter of individual choice profoundly influenced by the cultural context.
Lysander Spooner was one of this country’s most important libertarians. His views on economics, while flawed, are free market in principle and have some insights Austrians can appreciate.
Caitlin Clark, with her array of basketball skills, has filled arenas in her inaugural WNBA season. However, the idea of merit clashes with the leftist, egalitarian mindset that dominates in the league, and the early reaction to her success has been discouraging.
Stiglitz won the 2001 Nobel Prize in economics, but that doesn't mean he understands free markets, as you might expect from the title of this book. No, Professor Stiglitz, in the free market, there are no government subsidies or taxes.
Lysander Spooner was one of this country’s most important libertarians. His views on economics, while flawed, are free market in principle and have some insights Austrians can appreciate.
Caitlin Clark, with her array of basketball skills, has filled arenas in her inaugural WNBA season. However, the idea of merit clashes with the leftist, egalitarian mindset that dominates in the league, and the early reaction to her success has been discouraging.