Sometimes the public is wrong
Voters say high prices (especially in housing and health care) are top issues. And yet... they are often skeptical that increasing supply would help.
As the candidates spend next week preparing for the presidential race debate, we can only hope that both are prepared to lay out their real policy goals and beliefs to the American public.
Biden's DOJ is reportedly preparing a collusion lawsuit against companies that provide pricing tools to landlords. Making it harder to get this market data will just scare off needed housing investment.
If the most recent spell of inflation was incited by greed, it was not that of corporations. It was the greed of the government.
Let's avoid the governmental quick fixes that actually make the problems worse, even if we may benefit from their short-term relief, and instead focus on keeping things affordable for consumers through market-based solutions.
Blaming the spike in prices on companies who are also experiencing higher costs is, well, bananas.
Economic laws are not subject to a vote. They can’t be wished away because you don’t like certain realities they reveal. They don’t bend to accommodate your feelings or the politician’s will. These harsh realities must be kept in mind when anticipating the results of public policy. For instance, there’s no surer way to make...
The Covid-19 pandemic may be the biggest story of our lifetimes, impacting us for decades. In a new book titled “Economics in One Virus,” author Ryan Bourne shows how the circumstances, debates, and policies related to dealing with the pandemic and its accompanying recession can be used as a “teachable moment” to highlight important economic...
The forecast for Hurricane Florence looks bleak. It’s hard to imagine as of this writing, but if the storm proceeds the way it’s predicted to go, then by next week people’s lives and neighborhoods in many areas of the state, from the coastal towns to the central Piedmont, will be radically altered. In the next...
If the supply of oil goes up, the price of oil and gasoline falls. If the supply of oranges goes up, the price of oranges and orange juice goes down. If the supply of computers, televisions, and smart phones increases, the prices of all these products decline. These are all examples of how the basic...
Teacher unions are the biggest impediment preventing educators from being paid based on their skills and talents.
Teacher unions are the biggest impediment preventing educators from being paid based on their skills and talents.