Competition

4 Reasons People Assume I’m Smarter Than My Contractor

Changes in schools, testing, and the workplace have conditioned us to undervalue the intelligence of laborers.

- October 13, 2015

Uber’s Peaceful Revolution

Uber’s team members, quietly typing on their keyboards, are systematically smashing 100-year-old monopolies all over the world, one ride at a time.

- October 06, 2015

The Science Fiction of Scarcity

Andy Weir’s novel The Martian explores the limits of our ability to survive without the division of labor.

- October 05, 2015

Shopping for Soulmates

When transaction costs are low, people find it easier to engage in mutually beneficial exchanges. And when more of these exchanges take place, people benefit more.

- September 29, 2015

Homeschooling Is a Threat to Public Education

Advocates of government education are right to be worried by the number of homeschool families, but not because homeschooled kids are learning any anti-government ideology at home. The greatest threat that homeschooling poses to the government system is its diversity, its resiliency, and its undisputed academic success.

- September 22, 2015

The Right and Wrong of Compulsion by the State

Civilization has never yet and never will be simply made by the fiat of those who have power. 

- September 20, 2015

Why Carly Doesn't Care What Trump Thinks of Her Face

Carly's dealt with people like Trump a thousand times before, in a hundred offices and boardrooms. 

- September 15, 2015

Does "Creative Destruction" Only Help the Rich?

Free markets are praised for ceaseless change and innovation, but does this process only reward capitalism's winners?

- September 09, 2015

Don’t Assume I'm Smarter Than My Contractor

Our school-influenced culture wrongly tells us that what some do is more cerebral and therefore requires more smarts than what the next guy does. And that’s a bad assumption.

- September 07, 2015

AMC’s "Halt and Catch Fire" Is Capitalism's Finest Hour

The show is a vibrant look at the early PC industry, but it's also about entrepreneurship and innovation.

- September 02, 2015

Are CEOs Overpaid?

Shareholders pay managers to be better, not perfect. 

- August 31, 2015

New York's Taxi Cartel Is Collapsing. Now They Want a Bailout.

Uber did in two years what economists, journalists, and politicians couldn't do in decades: break the cab cartel. 

- August 31, 2015

What's at Stake in the War on Contractors

A new front in the war on the sharing economy threatens the whole elegant, beautiful system. 

- August 14, 2015

How Economic Control Threatens Political Liberty, Free Speech, and the Rule of Law

Big government protects big business from competition. And the price of that protection is silent, obedient support for the bureaucrats and politicians.

- August 05, 2015

Ted Cruz's Crusade against the Supreme Court

We can have a judiciary that reflexively defers to the political branches, or we can have constitutionally limited government — but not both. 

- August 05, 2015

Does "Fair Trade" Help Poor Workers?

Is Fair Trade about doing good or just feeling good? 

- August 04, 2015

Uberocracy: How the Sharing Economy Changes Politics

Startups like Uber can upend the political status quo by changing people’s experiences. 

- July 30, 2015

Is Google "Abusing" Its Monopoly? Should Government Fix It?

Antitrust laws are supposed to protect consumers, but they simply replace consumer choices with government control.

- July 28, 2015

Who Is Building the Private, Peer-to-Peer Marketplace?

“The ability to engage in trade directly with someone in person is a great thing, and it’s a shame that hasn’t been possible online — until now.”

- July 27, 2015

Federal Court Rules Naked Government Favoritism Is Constitutional

The 2nd Circuit rules that a "simple preference" for one group — pure arbitrary favoritism — is a legitimate reason to stop competition. 

- July 24, 2015

New York Orders Fast-Food Workers Replaced With Robots, Kiosks, Mobile Apps

"Fight for $15" scores a victory for robots and unions against immigrants and young people. 

- July 23, 2015

The Politics of Nostalgia

Progressives join many conservatives in their misty view of the 1950s.

- July 22, 2015

Uber vs. the State, 1851 Edition

Ferry boat monopolies tried to crush their competition the exact same way that taxi cartels do today.

- July 17, 2015

The Hidden Costs of Tenure

Tenure is a barrier to entry in the academic job market that makes it difficult to replace poorly performing faculty with better alternatives.

- July 15, 2015

Should We Fear the Era of Driverless Cars?

Those who wring their hands at the prospect of the driverless car fail to see that its greatest potential lies not in reducing pollution and road deaths, nor in lowering fuel costs and insurance rates, but rather in its ability to liberate billions of hours of human potential. 

- July 13, 2015

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