The main principle of trade policy is make or buy.   “Economics” comes from the Greek word oikonomia, deriving from oikos,…

Supporters of tariffs claim that mainstream economists don’t understand the game. This “game” has been described by Peter Navarro as…

There’s a famous experiment involving jams. Not problems, and not what old people call music, but the third thing: sweetened…

In his famously odd 1975 book, Platform for Change, the British business professor Stafford Beer made the following observation: So…

In 2009-10, I was invited to dozens of speaking opportunities, as well as lots of radio and television appearances, because…

Flower Mound, Texas, is about thirty miles northwest of Dallas. It straddles two counties: Denton, in which Trump won 56…

There’s something happening here. What it is, ain’t exactly clear.   Around the world, there is growing impatience with the orthodoxies…

In the past decade, the theoretical and empirical arguments of French economist Thomas Piketty have attracted widespread attention.

Politicians want to create jobs, “good-paying union jobs,” in existing industries.  But that’s not what markets do. The “destructive” part…

Angry headlines have recently proclaimed “Kroger Executive Admits Company Gouged Prices Above Inflation,” and “Corporate greed exposed: Kroger admits to…