Headlines

Understanding economics helps us make choices in our everyday lives—and the same is true for famous superstars! Even if one’s pocketbooks are deep like Taylor Swift’s, she still deals with scarcity and the opportunity cost of…

A squad of FBI and Drug Enforcement Administration agents in March 2021 raided the Beverly Hills location of a company, U.S. Private Vaults, suspected of criminal activity. Over several days, agents wearing masks photographed…

In 1967, the Philadelphia Public Schools launched the Parkway Program, widely known as the “school without walls,” that enabled young people to have greater freedom and flexibility over what and where they learned. Various…

It's a miracle of private sector innovation and the magic of the free enterprise system that technologies that were only the playthings of the super-rich a generation ago are now available and affordable to almost all…

In a household of four guys, fridge space is what you might call prime real estate. I know this because I happen to live in one such household. For months we tried sharing the one fridge in the house. It was not pleasant.

This week, to start off “Ask an Economist” for the year, I have a question from Stan K. about the national debt. I’m happy to report that after asking for questions in early January, I have received the most ever.

A couple of weeks ago, I was informed of the passing of Dr. James (Jim) Gwartney. Professor Gwartney was a longtime professor at Florida State University, the director of the Gus A. Stavros Center for the Advancement of Free…

In February 2022, Canadian Prime Minister Justin Trudeau announced he was invoking the 1988 Emergencies Act, a new Rubicon in Canadian history.  The action marked the first time federal emergency powers had been activated in…

Here's a sad and textbook case of how companies all too often use the strong-arm of government to destroy their competition. The online gambling industry in America spent years and years fighting against the powerful Las…

Taking on Taylor Swift, a recent documentary on CNN, tells the story of Sean Hall and Nathan Butler, a pair of songwriters for the early 2000s hip-hop group 3LW. Hall and Butler sued Taylor Swift in 2021 over Swift’s hit song…