ISFLC_Markets

February 8, 2015

The Nirvana Fallacy

The world we live in is full of imperfections. As one looks around society, it’s not hard to find examples of externalities, imperfect information, or collective action problems that leave public goods […]
October 5, 2014

Uber, the Sharing Economy, and Libertarianism

A new industry known as Uber has been taking the transportation industry by storm. Uber connects passengers with drivers of vehicles for hire through a smart phone application. It utilizes the Internet […]
July 19, 2013

How much is a living wage?

McDonald’s sample budget dispute has blown up on the web and it now, unfortunately, warrants a response. There have been a variety of points made, but most have missed what I think is the […]
March 11, 2013

Mutual Aid is Back with Flair

A few months ago an offshoot of the Occupy Wall Street movement did something fairly amazing. After raising money from an all-night variety telethon the group calling themselves “Strike Debt” began their […]
January 12, 2012

Sorry to Cramp Your Stimulus, But…

When I read Paul Krugman’s latest defense of Keynesian economics a few days ago, I was shocked and amazed that even Krugman fans and devout Keynesians would swallow his latest strange and rambling defense […]
November 4, 2011

Crony Capitalism = Phony Capitalism!

“I feel like if people don’t know that condoms have expiration dates, they probably don’t know that crony capitalism is bad!” This somewhat pessimistic picture of the average American University student was […]
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