Not long ago, on my commute home, the Rolling Stones’ song, “Time is on my Side,” came over my radio. And when I heard that refrain repeatedly during the song,…
Category:
Economy
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Economy
Leave The Fence Alone: On ‘Toward a Political Economy of the Commons: Simple Rules for Sustainability’
Is a larger population a blessing or a curse? For most of history, conventional wisdom has been “a curse.” Still, the last few centuries have shown that in a commercial…
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New York Times editor David Leonhardt recently claimed that Americans spend more time commuting than they did twenty, thirty, and forty years ago. Traffic congestion in major urban areas has…
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The mantra of “sustainable growth” has given way to a new narrative that points to “degrowth” as an imperative for human survival. Its proponents assert that it can save the…
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The morning of December 13, the city of Alexandria, Virginia, together with MSE (the company owned by Ted Leonsis that owns the Washington Wizards, NBA, and Washington Capitals, NHL), the…
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Once a bastion of sound reporting, the Wall Street Journal’s economy desk is slowly descending into incoherence. The latest confusion is Paul Hannon’s article about inflation. His opening sentence is…
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Economy
Are Entrepreneurs Insufficiently Incited to Compete in Markets that Serve Low-Income People?
Recently, I had occasion to discuss economics and economic policy with very bright students pursuing graduate degrees at elite universities. One of these students, who I’ll call “Alex” (which isn’t…
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December 16th marks the 250th anniversary of the Boston Tea Party. The British cracked down on Bostonians as a punishment for this political demonstration, which in turn became the spark…
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The holiday season is the busiest time of the year for online shopping. On Cyber Monday and Black Friday this year, Amazon sold more than one billion items, and Black…
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Almost exactly 15 years ago, in September 2008, “my” side lost an attempt to rein in state rent-seeking efforts. It was the time when the decision was handed down in…