monopoly

It’s difficult to decide what is the most misunderstood concept of economics. Almost all of them are misunderstood or misused, … Read the rest

The California Bullet Train Is a Good Lesson in Political Deception May 1, 2025
The California Bullet Train has become the Eternal Project That Won‘t Go Away no matter how big a failure it has become. Political inertia is a powerful force and California politicians have used it to deceive voters and taxpayers, who will face a reckoning.
William L. Anderson
All Jobs Are Not Created Equal May 1, 2025
When politicians claim they are “creating jobs,” they usually mean hiring people for tax-funded government employment. Jobs in private enterprise, however, help to create real wealth and contribute to economic growth and higher living standards.
Daniel Kowalski
Libertarian Road Management: Pricing and Street Design May 1, 2025
In a libertarian world, the streets and highways would no longer be state-owned, but instead managed by private entities such as companies and cooperatives. How might this work?
Mathias Kuehlcke

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