FDA launches anti-vaping campaign.
An example of sweet intentions bearing stale outcomes.
The Federal Reserve began an unprecedented experiment in 2008 under the moniker of quantitative easing. By using its acronym, QE, we might forget that it means that the Federal Reserve is creating…
The only reliable remedy to mitigate shortages of any product is to allow competition in the market.
Private efforts to promote childhood nutrition (specifically breastfeeding) are superior to government “solutions.”
Despite the best of intentions, efforts to regulate vice frequently fail and can lead to harmful secondary effects for those they intend to help.
Elections in free and open societies are often judged on voter participation rates. Pundits and scholars point to cases of poor voter turnout to support claims that our democracy is slowly decaying.…
You may hear macroeconomists referring to nominal GDP and real GDP, and feel that the conversation is shrouded in mystery. Why do these experts believe that the level of GDP we observe is merely…
When we hear the word entrepreneur, we often imagine someone with a cavalier personality who conquers a market. Henry Ford embodied this ideal with the creation of the assembly line. In more recent…