Value and Exchange

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Why Special Interests Sacrifice the Future for Short-Term Gain

U.S. EconomyPolitical TheoryValue and Exchange

Blog04/02/2017
When they ignore basic economics, special interest groups sacrifice the well-being of their future members in exchange for short-term gains.

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Kirzner Reviews Rothbard

Capital and Interest TheoryHistory of the Austrian School of EconomicsPricesValue and Exchange

Blog03/30/2017
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.

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L.A. to Worsen Housing Shortage with New Rent Controls

The EntrepreneurPolitical TheoryValue and Exchange

Blog03/29/2017
Housing activists in Los Angeles hope to expand rent control there. This will make the city's housing crisis even worse.

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The Problem with Paid Parental Leave

Big GovernmentValue and Exchange

Blog03/28/2017
Once again, good-intentioned policies that ignore the laws of economics only hurt those who they were originally intended to help.

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Don't Confuse Immigration with Naturalization

The EntrepreneurPrivate PropertyValue and Exchange

Blog03/22/2017
Governments made a mess of immigration thanks to their naturalization and welfare policies. But the answer is not to further limit property rights.

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Dwight Schrute Shows Us Why Speculators Are So Important

Media and CultureCalculation and KnowledgeValue and Exchange

Blog03/06/2017
The TV character Dwight Schrute provides some valuable insights into how speculators provide essential and praiseworthy services in the marketplace.

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Say's Law: The Antidote to Countless Economic Fallacies

Philosophy and MethodologyValue and Exchange

Blog02/14/2017
Say's Law essentially tells us that we produce in order to consume. Once we start thinking we can consume before we produce, we get into trouble.

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Why Those Student Loans Aren't Getting Paid Off

Taxes and SpendingPolitical TheoryValue and Exchange

Blog02/02/2017
The total amounts taken out to pay for college degrees are much higher than the value of the degrees themselves. There is a market solution to this.

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Wealth Isn't Just Measured in Money — It's Measured in Choices

Media and CultureValue and Exchange

Blog01/31/2017
Don't compare incomes today to incomes of long-ago time periods. The wealth and choices available to income-earners has changed drastically over time.

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