Value and Exchange

Wages spring directly from, and are proportional to, the degree in which a job creates wealth by helping to satisfy an unmet need.

Jeff Bezos is now rivaling Bill Gates for the richest man in the world title, but only after decades of making everybody else a little bit richer first.

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

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