D. W. MacKenzie is an assistant professor of economics at Carroll College in Helena, Montana.
Related Freeman Articles
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?
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.
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.
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.
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.
A Note on the Passing of “The Accidental Economist”
SEPTEMBER 04, 2013 by D.W. MACKENZIE
Ronald Coase lived a remarkable life, ending up in economics by chance but playing a crucial role in shaping the discipline's modern form. His efforts were rewarded with the 1991 Nobel Memorial Prize in Economic Sciences.
Krueger and Card’s New Minimum-Wage Theory After 20 Years
AUGUST 05, 2013 by D.W. MACKENZIE
Minimum-wage laws have failed to help the people whom these laws were supposed to help. Those who truly want to help lower-income Americans should press for the repeal of these laws.
Unemployment Benefits Are Prolonging the Pain
JUNE 26, 2013 by D.W. MACKENZIE
A little-used measure of unemployment and job vacancies suggests why unemployment remains stubbornly high.
JANUARY 21, 2013 by D.W. MACKENZIE
Targeting tax increases at just "the wealthy" is impossible--and won't solve any of the government's financial woes.
NOVEMBER 12, 2012 by D.W. MACKENZIE
We've heard of cities going bust after city managers and the like get through looting them. Wasting money, though, is a matter of routine for local governments, says D. W. MacKenzie.