D.W. MacKenzie

DMacKenz_2000@yahoo.com

D. W. MacKenzie is an assistant professor of economics at Carroll College in Helena, Montana.

Related Freeman Articles

Feature

Jonathan Gruber’s Big, Benevolent Fraud

Obamacare, the noble lie, and cognitive dissonance at MIT

NOVEMBER 17, 2014 by D.W. MACKENZIE

If the ACA benefits Americans, why did it need to be misrepresented?

Blog

VA Bottleneck: Scandal or Norm?

Problems with the VA go deeper than recent episodes

MAY 22, 2014 by D.W. MACKENZIE

The VA is a mess because big bureaucracies simply can't function efficiently. It's scandalous that so many in power still believe they can.

Blog

Tragedy of the Healthcare Commons

The Affordable Care Act contributes to an already unsustainable situation

FEBRUARY 10, 2014 by D.W. MACKENZIE

The ACA (Obamacare) creates more open-access commons in healthcare, which will result in overconsumption and push the United States more quickly to insolvency.

Feature

Debt-Ceiling Crises: Imagined and Real

A lot of the talk about the debt ceiling amounts to fearmongering

OCTOBER 10, 2013 by D.W. MACKENZIE

If the U.S. government wants to get serious about paying the next few months' bills, the President could start by selling some assets. The long-term problems are another matter.

Blog

Profits Are the Only Business of Business

SEPTEMBER 13, 2013 by D.W. MACKENZIE

Forty-three years ago today Milton Friedman published his article "The Social Responsibility of Business Is to Increase Its Profits." It is to Friedman's credit that most of this short article rings as true today as it did on September 13, 1970.

CURRENT ISSUE

December 2014

Unfortunately, educating people about phenomena that are counterintuitive, not-so-easy to remember, and suggest our individual lack of human control (for starters) can seem like an uphill battle in the war of ideas. So we sally forth into a kind of wilderness, an economic fairyland. We are myth busters in a world where people crave myths more than reality. Why do they so readily embrace untruth? Primarily because the immediate costs of doing so are so low and the psychic benefits are so high.
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