When theory is applied to actual cases, economic goods don’t always fit neatly into theoretical categories like “public goods” and “private goods.”

Three reasons why the Buddha avoided the political implications of his ethical views. 

Smith’s work explored how markets enable strangers to cooperate for mutual benefit—and his insights help us understand the workings of the modern, hyper-connected world.

What are externalities, in the economic sense of the word? In what ways can they be addressed?

We must overcome our political-cultural group affinities if we wish to see things as they are: the problem isn’t ultimately who controls the state, but the state itself.

Disney’s recasting of redheaded characters with black actors makes historical and artistic sense.

The quartering of soldiers on private property was a real, pressing threat to liberty when the Bill of Rights was drafted.

Donald Trump is more similar to King George III than many care to admit, but we should.