"Successful economies are not jungles, they’re gardens, which is to say that markets, like gardens, must be tended, that the market is the greatest social technology ever invented to solving human problems, but unconstrained by social or democratic regulation, markets...
One of the popular rhetorical moves in the climate change debate is for advocates of aggressive government intervention to claim that “97% of scientists” agree with their position, and so therefore any critics must be unscientific “deniers.” Now these claims have been...
The debate about raising the minimum wage is a hot topic among presidential candidates and voters across the spectrum. The whole Democratic Party is in favor of increasing the federal minimum wage to $15 an hour, and 56 percent of the American electorate agrees with...
The science of human action, better known as praxeology, is of a different character than the physical sciences¹. It is our best explanation of how creative objects such as people act in the world, and of what we can logically deduce from a few simple axioms. While...
While progressives claim to want to eliminate discrimination, some of their favored policies make discrimination more likely to occur. Take the case of rent control. Earlier this year Oregon became the first state to pass statewide rent-control legislation. The goal...
34 Minutes Suitable for All Audiences Pete welcomes Professor Richard Epstein to the show. Prof. Epstein is the Peter and Kirsten Bedford Senior Fellow at the Hoover Institution, the Laurence A. Tisch Professor of Law, New York University Law School, and a senior...
Two high-quality studies of the disemployment effects of the minimum wage are getting a lot of attention. The first looks at Seattle. Punchline: This paper evaluates the wage, employment, and hours effects of the first and second phase-in of the Seattle Minimum Wage...
The US economy’s check engine light is on, despite the vocal rhetoric of President Trump, his administration, and the media spewing the same nonsense of a rising stock market and how the unemployment rate has been steadily declining. Trump supporters, as well as...
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