Everyone wants the items they buy to be safe to use or consume. How should we test these items? How much testing is enough? How much is too much?
Professor Deirdre McCloskey complicates the understanding of free speech by associating this freedom with the ancient Greek word for persuasion: rhetoric.
What would happen if we didn’t have a central bank?
Prof. Adam Martin explains how the drug war has altered incentives for both drug buyers and sellers, leading them to favor higher potency drugs.
The number of people living in abject poverty—defined as living on less than $1.25 per day—has been halved since 1990. How did that happen?
Relying on government to fix our economic woes instead of allowing individuals to make decisions for themselves means putting all of our eggs in one basket.
Given that the war on drugs isn’t working, shouldn’t we allocate those resources to provide for investigations for all violent crimes instead?
What can surfing teach you about ownership?
You own yourself, and as your owner, you have a right to decide which activities to participate in and which to avoid.
Ticket scalpers and other middle men—people who connect sellers with buyers and profit by doing so—help make our markets more efficient.
Prof. Bruce Yandle demonstrates how environmental regulations fit into his bootlegger-Baptist theory.
Why do we consume so much high fructose corn syrup? Why does America suffer from an obesity epidemic? And why are fruits and vegetables so expensive?
Which is better for impoverished migrant workers, fair trade coffee or premium coffee?
Society runs more smoothly when we specialize in certain things and then trade for others’ services. Trade creates wealth.
Prof. Art Carden has developed some silly walks and is seeking payment for his work.
Although many conflate capitalism and imperialism or think the two systems are closely connected, they are actually quite different, even at odds with one another.
Most wars seem to create costs that far outweigh their benefits, but is war ever justified?
Diana Thomas explains the paradoxical phenomenon (Condorcet’s Paradox) that occurs when people vote on three or more items.