market economy

5:30AM
Printer-friendly version
Understanding the differences between government and markets—Public Choice in action, Part 1

Prices are almost completely nonexistent for government-provided goods and services.


9:12AM
Printer-friendly version

Trade is good for both countries, but not everyone in both countries benefits from trade.


1:23PM
Printer-friendly version

If we really want to know how much students value their schools, a market would be a good way to find out.


2:00AM
Printer-friendly version

Thomas Piketty's book, Capital in the Twenty-First Century, is a global best seller that has attracted more reviews from academics and public intellectuals than any other economics book in recent memory.