Economics

The Entrepreneur Who Became a Billionaire After Being Rejected by Facebook

The Entrepreneur Who Became a Billionaire After Being Rejected by Facebook

Jan Koun's teenage self-education took place in the 1990s, before knowledge and information were so widely available and easily accessible. 

Don't Go to College

Don't Go to College

Who needs the degree? Skip the debt and learn a trade.

‘I Want You to Panic,’ Said Greta, and Panic They Did

‘I Want You to Panic,’ Said Greta, and Panic They Did

Even if most of us are still using plastic drinking straws and driving gas-guzzlers, the words of the prophet from Stockholm have not fallen on dry ground.

New York Makes Rent Control More Severe

New York Makes Rent Control More Severe

Economists expect this legislation to reduce the construction of rental housing in coming years, making housing shortages worse.

A Zoomer Wants to Know Why Boomers Are Getting Free College… Again.

A Zoomer Wants to Know Why Boomers Are Getting Free College… Again.

Now, those of us in the zoomer (Gen Z) and millennial generations are not only footing the bill for Social Security and Medicare, we are also subsidizing boomer retirement hobbies with our tuition and tax dollars. What gives?

The Seven Worst Ideas for Regulation This Century

The Seven Worst Ideas for Regulation This Century

Along with great economic performance has come a good bit of silly, one might even call it stupid, regulation and proposals for regulation. Here are my top seven for the United States, although I’m open to hearing about other, even stupider ones.

How Portugal’s Livraria Lello Uses Price Discrimination to Improve Its Business

How Portugal’s Livraria Lello Uses Price Discrimination to Improve Its Business

The Livraria Lello bookshop in Portugal now requires prospective patrons to purchase a voucher, or ticket, in order to gain entry.

What Happens When Everyone Gets a 'Free' Lunch? Money Problems

What Happens When Everyone Gets a 'Free' Lunch? Money Problems

Lawmakers need to return school meal programs to their original purpose of assisting children in need – and not add more students to waste-prone programs.

Socialism Will Always Destroy Democracy

Socialism Will Always Destroy Democracy

The rise of socialism is being driven by a shift in civic attitudes.

Orwell’s '1984': How to Misread a Classic

Orwell’s '1984': How to Misread a Classic

In the decades since the time of its publication, the context of Orwell’s magnum opus has been lost.

Three Ways Capitalism Makes Workers Better Off

Three Ways Capitalism Makes Workers Better Off

There are three main benefits the capitalist provides that lead people to work for a capitalist.

Students Increasingly Are Pursuing Degrees with Better Job Prospects, Data Show

Students Increasingly Are Pursuing Degrees with Better Job Prospects, Data Show

More needs to be done to provide information to students so they can make better decisions about what they choose to study.

Let's Talk About Big, Bad, Greedy Capitalism

Let's Talk About Big, Bad, Greedy Capitalism

“When you see the greed and the concentration of power, did you ever have a moment of doubt about capitalism and whether greed is a good idea to run on?” Milton Friedman was asked. His answer is important.

Leaving the Peach State Won’t Be so Peachy for Netflix

Leaving the Peach State Won’t Be so Peachy for Netflix

As Netflix attempts to strong-arm the state of Georgia, they may want to take time for some self-evaluation.

The Tax That Closed 3,600 Doctors' Offices

The Tax That Closed 3,600 Doctors' Offices

Envy-driven taxation schemes, political calculations, and overregulation hinder anyone willing to “minister to the needs of suffering humanity.”

AOC's Gardening Advice Channels Mao

AOC's Gardening Advice Channels Mao

We may laugh at Ocasio-Cortez’s boundless hubris, but let’s learn from history.

Aldi and the Virtues of 'Brutal Efficiency'

Aldi and the Virtues of 'Brutal Efficiency'

Aldi’s striking simplicity helps remind us of the core of what we’re after with trade and exchange.

Should Hikers Pay for Their Own Rescue?

Should Hikers Pay for Their Own Rescue?

Usually, such emergency services are provided “free” to victims as part of the overall “public good” of safety. In reality, the costs fall upon taxpayers, who are often irritated at having to bail out individuals who don’t take common sense precautions.  

When the Tassle Isn't Worth the Hassle

When the Tassle Isn't Worth the Hassle

Looking beyond the practicalities, though, we should keep in mind that education ought to be more than mere job preparation. It should be soulcraft, enabling the student to realize his human potential, and preparing him to embrace the true, beautiful, and good (both in this world and the next).

For Some Millennials, ‘Despair Springs Eternal’

For Some Millennials, ‘Despair Springs Eternal’

A mindset of “despair springs eternal” can create our destiny. And as more people embrace socialism, the more likely we will no longer live under the blessings of capitalism, creating a self-fulfilling prophecy.

Forty-Four Things You Should Know About the Green New Deal

Forty-Four Things You Should Know About the Green New Deal

Imagine FDR’s New Deal took the Paris Climate Agreement out for drinks, one thing led to another, and — voila — nine months later they had a baby: The Green New Deal.

Marriott Finally Realizes That Competing With Airbnb Beats Lobbying Against It

Marriott Finally Realizes That Competing With Airbnb Beats Lobbying Against It

How, exactly, is Marriott going to compete directly with Airbnb?

Monetary Stability and the Independence of the Federal Reserve Bank

Monetary Stability and the Independence of the Federal Reserve Bank

Central Banks need to be independent of politics to make the right decisions about monetary policy. But that's not always what happens.   

Remembering the Original Meaning of the American Dream

Remembering the Original Meaning of the American Dream

It was about social responsibility, not material acquisition, and losing sight of it has cost us dearly.

 

Treat Others the Way Chick-fil-A Treats You

Treat Others the Way Chick-fil-A Treats You

Chick-fil-A employees undergo a comprehensive crash course in all things people skills before hitting the floor.

That Poll on Socialism Is Not as Alarming as It Seems

That Poll on Socialism Is Not as Alarming as It Seems

Once you drill down into the poll, you find out something very different from what the above finding suggests. It turns out that the same people who say they like socialism do not like government.

'Free' College Would Depreciate the Value of College Degrees Even More

'Free' College Would Depreciate the Value of College Degrees Even More

When government pays for free college, it is risking the money of the average taxpayer.

California Makes Housing Scarcer

California Makes Housing Scarcer

Rather than expand the supply of housing, the California legislation is moving to shrink the supply of housing instead.

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