Category:Economics

April 28, 2021 | Video

We talked with our friend Nolan Gray, a city planner, about how the COVID-19 pandemic led to many transformations in big cities, such as New York, San Francisco, and Chicago. Many people are moving away from big cities as they are not required to work there anymore. Big cities are facing enormous challenges today, due to the heavy regulations on how businesses can operate, as well as the financial burdens they inflict on residents.

Let us know in the comments below if you or any person you know moved away from a big city and how they feel about it.

#DeathOfBigCities #WorkFromHome #Metropolises

April 28, 2021 | Video

As a result of the COVID-19 pandemic, there’s been a strong effort to curtail price gouging on items such as hand sanitizer and medical face masks.

What doesn’t get said enough, however, is that forcibly restricting prices from rising above a certain threshold will not in itself influence the market conditions that drive prices up.

Price gouging encourages competition by pressuring manufacturers and distributors to increase production, which over time, would actually drive down costs. Price controls during a time of crisis, however, do nothing to address the shortage problem.

April 28, 2021 | Video

Ahead of his panel on Corruption and Poverty in Latin America at LibertyCon Europe, Juan Carlos Hidalgo, former policy analyst at the Cato Institute talks about why Latin America has so many cases of corruption, the recent protests in Chile and other countries around the world.

January 11, 2021 | Video

How do we create property on Mars? We applied the thinkings of John Locke and Robert Nozick to Mars Colonization to find out.

March 9, 2018 | Post

Last month, I wrote a post that asked whether Manhattan should tax ride-shares, tax all vehicles, do something else, or do nothing at all. And you had some ideas about that. Below, I have tried to combine your answers (I got nearly 30) into a manageable set of categories. Responses were about evenly split among […]

February 5, 2018 | Post

If businesses get government subsidies to make their products cheaper, or “capture” regulation to hurt their competitors, that’s rent seeking.