Obesity is a market failure and innovation, not sin taxes, may be the solution
Brendan Markey-Towler, The Conversation
The standard economic response to high and rising obesity is to levy what’s known as a “sin tax”. The thinking is simple – add a tax to the price of the undesirable food, this increases its price, and the demand for it goes away. However, there are both theoretical and empirical reasons to think the end of the obesity epidemic lies not in sin taxes but innovation.
Debunking Socialist Myths: 90 Percent Of Scandinavia’s Wealth Is Privately Owned
Giancarlo Sopo, The Federalist
The Bruenig standard indicates Scandinavia is less socialist than the average non-Scandinavian country, including the United States under the most conservative presidency of our lifetime.
Around the World, We See the The Link Between Economic Liberty and National Prosperity
Daniel J. Mitchell, Mises Wire
With the possible exception of a few extreme environmentalists, everyone agrees that robust long-run growth is a key to a better society.
Criminal Justice Reform Is Also Good Economics
Alex Muresianu, FEE
Most people think of criminal justice reform as a purely social issue, but it’s an economic one as well.