Price Controls Are the Wrong Prescription for High Drug Prices
President Trump often rails against foreign trade partners such as China that treat the US unfairly. These complaints sometimes have […]
prices
How Prices Keep Us from Squandering Resources
One of the most fundamental aspects of an economy is its allocation of resources, simply meaning how and where resources […]
Socialist Policy Tanked Venezuela’s Economy, Not Falling Oil Prices
Left-wing commentators are struggling to come to grips with Venezuela’s economic collapse. In early August, Stanford University professor Terry Lynn […]
Socialist Policy Tanked Venezuela’s Economy, Not Falling Oil Prices
Left-wing commentators are struggling to come to grips with Venezuela’s economic collapse. In early August, Stanford University professor Terry Lynn […]
The Soviets Tried to Run an Economy without Market Prices
In a recent Free Thoughts podcast, Cato scholar Andrei Illarionov, former economic advisor of Vladimir Putin, brought up a peculiar […]
Where Do Prices Come From?
Very few of us have the opportunity to experience the heart of what makes our civilization work. Crypto-asset markets are […]