Economics

As China comes online thereby increasing the demand for gas (thus raising gas prices), Americans are turning to their old friend the bicycle. A strange role-reversal, indeed. So, ... Keep Reading

Brian Caplan has a great NYTimes piece on why the Clinton/McCain gas tax holiday is a relatively harmless symbolic gesture in a sea of possible bad policy options: The first is ... Keep Reading

Great article from the Denver Post on chicken littles and economic demogoguery: As market strategist Ed Yardeni (hat tip to U.S. World and News Report) claimed, "this ... Keep Reading

Richard Rahn of the Cato Institute and Institute for Global Economic Growth offers up this outstanding piece in the Washington Times. In it, he shatters many of the coveted ... Keep Reading

This is the saddest thing I've read in a long time. The worst is the quote from Mike Walden, an economist at N.C. state who actually does stuff for JLF! "Government jobs are ... Keep Reading

General hysterics about the subprime fallout and associated calls for government intervention make perfect demogoguery fodder for pundits, presidential candidates and economic ... Keep Reading

By now, many of you have probably heard Barack Obama's commercial in which he proclaims he will impose a "windfall profits tax" on oil companies - specifically mentioning ... Keep Reading

Here's a great econ 101 lesson on gas prices. I'd like to know why the water companies haven't been hauled before Congress and accused of price gouging.-Max Borders ... Keep Reading

With a recession nigh or here, we should expect the demogogues and the government pundits to start sounding off. But the Don Boudreauxs of the world will be there to check their ... Keep Reading

Remember what happens when prices don't reflect scarcity.-Max Borders ... Keep Reading