Free Markets

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Good Economics Is "Bizarre" for Minimum Wage Supporters

Free MarketsAustrian Economics Overview

What these "excuses" point to is the marginal productivity of the worker is lower than the salary the employer is forced to him pay by law.

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The "Curse" of Labor-Saving Machinery Is Nothing New

Free MarketsWorld HistoryPolitical Theory

Blog01/10/2017

Amazon's new cashier-less and staff-less store is just the latest move in a long history of innovations that have made workers obsolete.

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Europe's War on Tobacco

Corporate WelfareFree MarketsTaxes and SpendingPolitical Theory

Blog12/19/2016

Europe's tobacco bans have managed to destroy businesses without actually getting people to stop smoking.

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The European Miracle

Free MarketsLegal SystemWorld History

Blog12/14/2016

It was in Europe — and above all, America — that human beings first achieved per capita economic growth over a long period of time.

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Auburn Feature on Wall Street Journal

EducationFree MarketsU.S. Economy

Blog12/13/2016

Auburn, Alabama, is featured on the front cover of today's Wall Street Journal. I was interviewed extensively for the story, but was not mentioned. The story is about the relationship between the state university and increased manufacturing jobs.

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The Good News They're Not Telling You

The EntrepreneurFree MarketsEntrepreneurship

Blog12/08/2016

We are told that robots will take our jobs. However, material liberation has allowed us to live more fulfilling lives than before.

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Will Europe's Labor Laws Kill the Gig Economy?

Free MarketsPolitical TheoryValue and Exchange

Blog12/05/2016

Independent contractors such as Uber drivers may be legislated out of existence by European politicians.

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The Petroleum Industry Saved the Whales

The EntrepreneurFree MarketsGlobal Economy

Blog12/04/2016

Whales were rapidly on their way to extinction until the petroleum industry undermined the whaling industry.

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Planet Earth and the Tyranny of Mother Nature

The EntrepreneurFree MarketsMedia and Culture

Blog11/29/2016

Only peaceful social cooperation enables us to take advantage of the best parts of human life and escape the tyranny of biological competition.

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