The Effects of Expanding Optometrists’ Scope of Practice
Jeffrey Miron The standard argument for scope-of-practice (SOP) laws—and more generally, for occupational licensing—is that such regulation
The Secret Economic Theory Behind the $100,000 Birkin Bag
The article explores how Austrian Economics explains luxury marketing, using the iconic Hermès Birkin bag as
Copernicus Was Also Right in Economics
Nicolaus Copernicus is best known for his observation that the sun was at the center of
Peace as a Prerequisite for Civilization
While men like Murray Rothbard and Ludwig von Mises believed in “just” war, nonetheless, they did
The Draft Is Antithetical to Liberty, Even if It Is Never Used
Brandan P. Buck Fall may finally have arrived in DC, but one discussion that never seems out
Why the Money Supply Is Growing Again
In August, the money supply grew at the fastest rate in 23 months.
Why People Pay Higher Prices for Some Goods Relative to Others
One of the important points made by Carl Menger in his 1871 Principles is that people
The Birth of “Irrational Exuberance”
Long before there was Alan Greenspan to turn the Federal Reserve into Casino Central, there was