Black Markets in COVID-19 Vaccines Were Inevitable Once Government Got Involved
A politicized vaccine distribution process intended to take price out of the picture has given the edge to the rich, connected, and powerful.
A politicized vaccine distribution process intended to take price out of the picture has given the edge to the rich, connected, and powerful.
It turns out that there is a mechanism in capitalism for allocating scarce goods. It is called a "price."
Maxine Eichner's The Free-Market Family laments the bad public policy that makes it hard for parents to juggle work and child care, but often arrives at the wrong solutions.
Plus: Sexual misconduct at the FBI, Tulsi Gabbard and Mike Lee don't understand the First Amendment, and more...
Breaking: A pair of donors just stepped in at the 11th hour with a huge challenge grant.
Plus: Trump says he'll veto defense bill if it doesn't destroy the internet, House moves to free federal court records, and more...
Virginia Postrel's new book explores economics, politics, and technology through textiles.
If governments stand in the way of vaccine production and distribution for the world market, the costs will be high in lives and in wealth.
Plus: Homeland Security says this election was "the most secure in American history," Chicago asks residents to stay home again, and more...
The government is going after Google not to stop consumer harm but to level the business playing field.
Plus: Tech companies respond, proposed H-1B visa changes, and more...
President Luis Lacalle Pou's defense of free market capitalism—extremely rare in Latin America—is no coronavirus fluke.
Plus: Bill Barr has lost his mind, Salt Lake City officer who ordered dog to bite black man charged, and more...
Plus: More red states may get legal weed, antitrust action against Google expected this week, the Cuties controversy, and more...
The escalation is part of a strategy to unmask China's abuses before the world.
Plus: the latest unemployment numbers, Biden apologizes for comment on diversity, Ohio governor gets flip-flopping COVID-19 results, and more…
A pandemic becomes an excuse for treating people as playing pieces in a game.
Plus: Kudlow says total stimulus package will cost $6 trillion, jails free nonviolent offenders, more...
Your coronavirus prepping would be a lot tougher in a world without free markets. Libertarians might be the only ones who recognize that.
Plus: Sanders tops Biden in new national poll, how federal housing policy is getting families evicted, and more...
Instead of repealing tariffs that are raising aluminum prices, politicians are instead trying to lower aluminum prices by legislative fiat.
Clean technologies can compete (and win) if barriers to participation are removed.
Regulation and litigation rule the day, but sometimes cash should be king.
Plus: Buttigieg just behind Warren in Iowa, sex work in Scotland, anger in Russia, Trump impeachment news, a call for regulatory reform, and more...
Plus: Texts encouraging suicide yields charges again, California fires, Rep. Katie Hill and #MeToo politics, impeachment news, and more...
Defining a company with political branding is risky business.
This year, Mississippi and North Carolina both ditched a vague "good moral character" clause that kept occupational licensing out of reach for people with criminal records.
NIMBYs can keep their views. They just have to pay for them.
"Adherence to guidelines among telecontraception vendors may be higher than it is among clinics that provide in-person visits," the authors write.
Dump intrusive trade policies to give a real boost to consumers and entrepreneurs.
Entrepreneur Magatte Wade explains how regulations are keeping Africa poor.
The billionaire philanthropist worked to create a world in which people are more prosperous and tolerant.
Critics say organ sales would hurt the poor. In fact, it would save lives.
People are happier, healthier, and wealthier because freer markets have opened the floodgates of innovation, research, and development.
Terms of the grant specified that if Missouri did not use the money to hire free market professors, the donation would revert to Hillsdale.
A new study finds no dramatic and widespread economic effects from colony collapse disorder.
From textbooks to professors, universities remain mostly hostile to free market thinking.
NCAA has warned the state that if the "Fair Pay To Play Act" passes, all California schools would be ineligible to participate in postseason play.
I do not think that means what you think it means.
Obituaries for the benefits of free markets are as numerous as they are wrongheaded.
The president of the American Enterprise Institute says we need to reboot politics and that libertarians may hold the key.
The black market is how you get things done when government gets in the way.
Plus: Klobuchar thinks government should profit when Big Tech sells your data, and the FDA drops a ban on genetically modified salmon.
When money is on the line, it is hard to find parties willing to bet against the scientific consensus on climate change.
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