D’oh! Working Less Doesn’t Create More Wealth
The French are getting….smarter. French MPs have voted to eliminate the mandatory 35-hour per week cap on working hours. It had been heralded when passed as a stroke of genius…
Economic Insights
Property: It Explains a Lot
While on the flight back from North Carolina yesterday, I picked up the February, 2005 issue of the US Airways inflight magazine, AttachÃ?Â??Ã?Â?Ã?©. In it was an article on “The…
Wisdom on Drugs from John Goodman
John Goodman, an excellent economist and president of the National Center for Policy Analysis, has a useful commentary on Canadian drug prices. As he points out, Canadians pay less for…
The Most Important Lesson in Economics
Last week I led the new Cato intern class in a discussion of Frederic Bastiat’s brilliant essay “What Is Seen and What Is Not Seen,” a work whose insights inform…
Another Insightful Economics Site
When teaching about history or philosophy, I always stress the importance of studying economics if one wishes really to understand the serious problems. Economics isn’t by any means the only…