From compliance costs to consumer trust, the economics of data privacy unveil an intricate interplay between safeguarding sensitive data and sustaining a thriving digital economy. As Europe enters its fifth…
Category:
Economy
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During the Cold War Republicans took the lead in pushing for ever-increasing military outlays. Pushing expenditures upward was one of President Ronald Reagan’s priorities and led to constant battles with…
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The Federal Reserve’s monetary tightening appears to be bringing down inflation without imposing undue burdens on the real economy. The Consumer Price Index (CPI) grew at an annualized rate of…
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When big corporations like Target or Bud Light go blatantly Woke, to the detriment of their shareholders and profits, you might ask yourself what exactly they are doing, and why.…
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Business analysts are concerned with the actions of two groups of maximizers: companies and consumers. Companies look to maximize profit and production, while consumers aim to maximize what is derived…
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An interesting and troubling double standard is applied to the acceptability of individual actions and those of political agents. An individual declaring an emergency when none exists, e.g., shouting “fire”…
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In two previous articles defending tipping, I argued that gratuities helped solve principal-agent problems and leveraged price discrimination to the benefit of customers, employers, and employees. These were strictly economic…
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The BRICS bloc is remaining coy about whether a global currency will be on the agenda of its 15th summit, which is set to take place August 22 to 24…
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In this episode of Liberty Curious, Kate Wand invited Phil Magness to discuss the origins of critical theory, which is a neo-Marxist school of thought born in the Frankfurt School…
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In our hyper-political era, one bothersome aspect of daily life is the increasing political stances of corporations. It’s become nearly impossible to grab a coffee, buy a book, or even…