Free Markets

How the WeWork Mess Proves that Markets Work

– September 23, 2019

WeWork is one of the most high profile examples of a once high-flying organization that was first humbled, and then dragged back to earth due to internal issues that eventually came to light.

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Free Markets
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Massachusetts’ Addiction to Regulation Keeps Most Pot Sales on the Black Market

– August 19, 2019

Massachusetts has not legalized cannabis products so much as entered the drug market via a handful of chosen franchisees, with the extra competitive advantage that you could be fined or jailed if you buy from the competition. Let freedom ring.

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Free Markets
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Social Media’s Bumpy Ride to Better Ideas

– August 15, 2019

Social media is a dynamic evolutionary process that can lead to better ideas, but the path often isn’t pretty.

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Free Markets
barista2

A Job Is Not Alienating; It Is Empowering

– August 11, 2019

Beware: every theory that posits that your job is alienating is a ruse to draft you into a new form of collective identity in which you will have fewer choices.

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Free Markets
equality vs equity meme

An Answer to That Viral Equality Meme

– August 9, 2019

Free market capitalism naturally seeks ways to be inclusive by trying to attract a wider consumer base.

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Free Markets
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The FTC’s Strategy Against Facebook is Bad Economics

– August 2, 2019

The theory that Facebook acquired Instagram and WhatsApp primarily to squelch future competition represents a view of antitrust that is simplistic and naive. It also endangers a startup business model that has produced incalculable benefits through innovation.

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Free Markets
cleaningup

To Put Down People’s Jobs Is Brutal and Uncomprehending

– July 16, 2019

Should I ever have the chance to meet Faye Lewis, I will soundly congratulate her for her fabulous striving, for her inevitably imperfect, yet wildly-admirable journey.

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Free Markets
gordong

Greed Is Good, but Not for the Greedy

– June 27, 2019

The greed of the wealthy for showing off has led to a remarkably wealthy society, the most egalitarian culture the world has ever known. 

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Free Markets
overtime

Incredibly, that Overtime Regulation Is Back

– June 14, 2019

The administration’s lack of principles opens wide the door for the Democrats in Congress not only to introduce an overtime bill that goes far beyond the Trump rule but also beyond even the Obama ceiling. And as expected, they just jump at the chance to do just that.

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Free Markets
virtualreality

The Future of Public Goods

– June 6, 2019

Non-excludability is really just a technological problem, because the ability to charge and withhold access is beyond our reach, at least at reasonable cost. But that’s changing, fast.

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