November 2012Volume 62, 2012
Lewis Andrews explains how tight immigration controls leave innocent people vulnerable to human traffickers; Warren C. Gibson explores one of Mises’s most important principles, Isaac Morehouse uses fantasy football to illustrate a fundamental economic concept; Sandy Ikeda discusses how market inefficiencies create value; and much, much more.
OCTOBER 18, 2012 by Tyler Watts
Politicians love blaming economic troubles on outsourcing. But outsourcing is fundamental to the creation of wealth--and it happens constantly, with nearly everything we buy, explains Tyler Watts.
OCTOBER 25, 2012 by Donald Boudreaux
Market failure, thought a slippery concept, does not necessarily call for government intervention. On the contrary, markets are better than political institutions at minimizing the frequency and severity of poor decision-making.
NOVEMBER 01, 2012 by Burton Folsom
President Roosevelt's promotion of his Economic Bill of Rights crystallized the rising dominance of statist ideas; the rights he asserted only have meaning if government is the source of all rights.
NOVEMBER 08, 2012 by Walter E. Williams
No evidence of any kind suggests that we would be sorted proportionally by race, sex, nationality, or any other human characteristic were it not for discrimintation. Nevertheless, much of our thinking, policy, and litigation is based on an assumption of proportionality.