I know this is hard to believe, but builders try to maximize profits by cutting prices.
– Bryan Caplan, Build, Baby, Build: The Science and Ethics of Housing Regulation
Bryan Caplan is a Professor of Economics at George Mason University and New York Times Bestselling author.
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https://youtu.be/D9hKJsP0z_g On the free market, firms strive to satisfy the customer, and constantly look for new and improved ways of doing business. Why? The profit motive: Firms that make customers happy prosper, and firms that don't go out of business. - Bryan...
https://youtu.be/XvlVtoRCAV8 “Retaliation was certain if we carried the war into Germany…Yet, because we were doubtful about the psychological effect of propagandist distortion of the truth that it was we who started the strategic offensive, we have shrunk from giving...
https://youtu.be/BSJqaADbvng People who depict markets as cold, impersonal institutions, and their own notions as humane and compassionate, have it directly backwards. It is when people make their own economic decisions, taking into account costs that matter to...
