Latest Posts

June 27, 2017

Neamtu: Choose the ‘Soros infantry’ or Tocqueville’s vision

George Soros is synonymous with a well-funded, highly partisan brand of “philanthropy,” which begs the question: Why are U.S. taxpayers underwriting it? During the Obama administration, USAID granted Soros’ Foundation Open Society-Macedonia (FOSM) and its counterparts $4.8 million, earmarking an additional $9.5 million through 2021. Continue Reading...
June 27, 2017

Bees, Pollination, and the Coase Theorem

Note: This is post #39 in a weekly video series on basic microeconomics. In this video by Marginal Revolution University, economist Alex Tabarrok shows how bees and pollination demonstrate the Coase Theorem in action: when transaction costs are low and property rights are clearly defined, private arrangements ensure that the market works even when there are externalities. Continue Reading...
June 23, 2017

What if there were no prices?

I’m something of a cheapskate (or as I prefer to think of myself, prudentially frugal) and so I take special pleasure in finding a good deal. I’m also, by nature, rather grateful and so I frequently thank God for helping me to find goods and services at bargain prices. Continue Reading...