Prices

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The Eclipse: How Markets Could Have Prevented the "Traffic Nightmare"

PricesValue and Exchange

Blog17 hours ago
After the eclipse, access to major roadways should have been priced according to highway capacity and demand.

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Why Government Has a Dangerous Obsession with Statistics

Big GovernmentCalculation and KnowledgePrices

Blog08/08/2017
In a free market, businesses have little need of economy-wide statistics. They are, however, desperately needed for any sort of government planning.

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How Governments Outlaw Affordable Housing

The EntrepreneurPolitical TheoryPricesPrivate Property

Blog05/04/2017
In many places, rent growth means more housing is badly needed. Unfortunately, local governments are working hard to limit the supply of housing.

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Rising Oil Prices Don't Cause Inflation

Prices

Blog05/01/2017
The core driver of general increases in prices of goods and services is central-bank driven money-supply growth, not the price of oil.

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Busting the "Free College" Myth

Taxes and SpendingPolitical TheoryPrices

Blog04/17/2017
If New Yorkers wanted to help students by paying for their tuition, they would have already done so on their own.

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Jeff Bezos Got Rich By Giving His Customers What They Want

The EntrepreneurPricesValue and Exchange

Blog04/07/2017
Jeff Bezos is now rivaling Bill Gates for the richest man in the world title, but only after decades of making everybody else a little bit richer first.

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Kirzner Reviews Rothbard

Capital and Interest TheoryHistory of the Austrian School of EconomicsPricesValue and Exchange

Blog03/30/2017
Kirzner’s thoughtful and polite approach to scholarship is a model for how younger Austrians can approach scholarly debate.

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Academia 'Plays Market' With Dire Consequences for Science

EducationAustrian Economics OverviewPrices

Blog03/30/2017
Higher education and scientific research have been cut off from its customers by government intervention.

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How the Global Drug War Pushed Down Heroin Prices

Legal SystemWorld HistoryPrices

Blog03/23/2017
As the Drug War attacked heroin production in one place, it encouraged increases in heroin production in other places, pushing down global prices.

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NFL Free Agency and the Market Process

Free MarketsEntrepreneurshipPrices

Blog03/09/2017
Any serious analysis of the NFL is incomplete without a sound understanding of basic economics.

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