Economic Freedom Key to Cities’ Success

By Matt Kelly Economic freedom is the unrestricted ability of people in a country to associate and transact with one another. Measuring economic freedom has become a growing area of academic research. Probably the best known measure is the index constructed for the “Economic Freedom of the World”  annual report on 159 countries published by … Continue reading Economic Freedom Key to Cities’ Success

The Two Kinds of Capitalism

Original post date: February 12, 2014 Article by: Ben Douglas The term “capitalism” is often thrown around in American political discourse without a specified or coherent meaning. Frequently in a debate, opposing parties will attack or defend their own perceived ideas of what capitalism is, without realizing that their opponent has in mind a completely … Continue reading The Two Kinds of Capitalism

Go Green, Don’t Expand Transit

Original post date: November 04, 2013 Article by: Ben Douglas The careful application of economics to policy reveals a host of ironies. Minimum wages create unemployment among the very unskilled laborers policymakers intend to help. Rent control destroys housing in the very cities it is intended to save. Adam Smith’s entire concept of an “invisible hand,” … Continue reading Go Green, Don’t Expand Transit