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Everyone’s time is valuable, and the value of my time was my opportunity cost. I could have done economist work, like consulting, during the two hours I spent on the roof.
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The novel approach of the University of Austin shows the great potential for school reform – an academic institution designed to embrace the pursuit of truth, regardless of ideology.
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The Federal Reserve does little to nothing to benefit our nation’s economy, and its power must be reduced.
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COVID-19 relief and associated government subsidies continue to weaken our nation’s economy.
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America’s freedoms continue to deteriorate in the face of expanded government power and intervention.
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Fines should not be used as a substitute for taxes.
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Addressing Americans’ vaccine hesitancy requires talking with them about their concerns and fears. This conversation must be respectful and not simply lead to social media shaming.
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Economists define efficiency in terms of consumer preferences. Consumer sovereignty is the basis on which we judge the economy’s performance.
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Recreation becomes a commercial enterprise by generating revenue.
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Large businesses have more political influence and can reduce the burden of new regulations on themselves or obtain exemptions to rules.
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Competition drives efficiency in our economy. The NCAA cartel has restricted competition.
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Collective action poses the second challenge. Businesses collectively have an interest in not rewarding cybercrime, yet individual businesses suffer these attacks.
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The fields of virology and epidemiology provided most discoveries about SARS-CoV-2.
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