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Remembering Hayek’s Remarkable Nobel Lecture
Thirty-two years ago this month—on March 23, 1992—Austrian economist, political philosopher, and Nobel laureate Friedrich August von Hayek passed away…
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Debunking All the Main Arguments for Antitrust Laws
It does not take too much upstairs to see through the Biden administration’s rejection of the JetBlue-Spirit Airlines merger. The…
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Samurai Who Weren’t Japanese
Many Americans owe their knowledge of Japanese samurai to filmmakers. Renowned for their discipline and courage, the samurai were the…
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The Great Ponzi Scheme
The United States is in fiscal trouble. The burden of government spending has increased by nearly $3 trillion over the…
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A Robust Education Marketplace Means Some Schools Will Fail
A couple of years ago, I was presenting at a small education conference in New York when someone asked what…
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There’s Nothing Wrong with Non-compete Clauses
What is a non-compete clause (NCC)? It is an agreement, usually between the buyer of a business and a seller…
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‘Laissez-Faire’ Sweden Had the Lowest Mortality in Europe From 2020–2022, New Analysis Shows
Gore Vidal once said “I told you so” are the four most beautiful words in the English language. Perhaps this…
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Do Traffic Tickets Make Us Drive More Safely?
For “Ask an Economist” this week, I have an interesting question from Stephen P. about the effect of traffic ticketing…
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Myanmar Junta’s Decision to Impose a Draft Shows How Not to Run a Military
Since the protests against the usurping military junta turned deadly three years ago, the brutal ethnic civil war in Myanmar…
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Wendy’s Denies ‘Surge Pricing’ Allegations, But What’s So Bad about Experimentation?
Wendy’s came under considerable fire this week after news broke that the fast-food chain was planning to test a new…
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