Economic Fallacies

In Favor of Free Markets: Freedom as an End in Itself

April 14, 2011
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It’s often argued that eliminating such-and-such a federal department will make us richer. Or that removing this-and-that tax burden will let us keep more of our paychecks. You’ve heard it before. It goes something like this: If we get rid of the onerous taxes on the middle class, the regressive taxes that disadvantage the poor, the myriad regulations which hamstring businesses (the right-libertarian does not qualify, but the left-libertarian will probably refine the definition...

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In a Free Market, Who Will Build the Parking Lots?

October 12, 2010
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In a Free Market, Who Will Build the Parking Lots?

If parking were nominally "free", it would be even more difficult to find a parking spot. Right now, parking is inexpensive, at fifty cents per hour during normal business hours and it's still very difficult to find a parking spot. This is the number 2 reason why I don't visit Royal Oak. The number 1 reason is a preponderance of douchebags.

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MSRP and Dealer Agreements: Burton vs. Sierra Snowboard

March 12, 2010
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This past week there's been a big shakeup in the snowsports industry. An online retailer (sierrasnowboard.com) deeply discounted Burton merchandise, apparently breaking some retail agreement.

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