Howard Baetjer Jr. is a lecturer in the department of economics at Towson University and a faculty member for seminars of the Institute for Humane Studies. He is the author of Free Our Markets: A Citizens’ Guide to Essential Economics.
Most poor people don’t want welfare and handouts, but a perverse welfare system disincentivizes them from getting off government assistance.
Monopolies provide poor quality at high cost. So why do we let monopolies provide the service of assuring product quality and safety?
Artificially increasing some workers' pay cannot increase total output; thinking it can is fantasy.
The essential structure of government regulation remains the same, no matter how many layers of government overseers are added on.
Do we need government to restrict racist and sexist employers in order to curb discrimination in hiring?
Small private schools are already educating many of the poorest children in the developing world — and a big profit-seeking company is about to give them a run for their money.
Small private schools are already educating many of the poorest children in the developing world — and a big profit-seeking company is about to give them a run for their money.
Ridesharing started, grew up, and flourished without government’s "help."
Ridesharing started, grew up, and flourished without government’s "help."
Government regulation is not the only kind of regulation; market forces also regulate. Recognizing this, communicating it to others, and getting the awareness into public discourse are key steps toward greater economic liberty.
One of the coolest things about Uber is that they didn’t ask permission.
Market forces are regulating racial profiling by taxicabs better than government regulations do. Just ask Uber riders.
The market does a better job regulating Airbnb than the government ever could.
Why can anyone use as much gas as they want, however they want, but careless water usage can get you fined? Hint: It has to do with prices.
In a free economy, wealth does not sit under the mattresses of the rich. Instead it gets used by productive people making our lives better.
Regulation of taxi services is unfair to everyone. So scrap the regulations instead of tightening them.
Behaving in a self-interested manner does not mean disregarding others. On the contrary, because we are social beings who depend on, and often care deeply about many others around us, a sound attention to our self-interest must include a great deal of concern for others.
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April 16, 2040, 11:00 AM