A Nation of Cynics

“A cynic is a man who knows the price of everything and the value of nothing.”

—Oscar Wilde

Here’s an interesting story:

I had no idea that in 2001 an elementary school in New Jersey became America’s first public school “to sell naming rights to a corporate sponsor,” Sandel writes. “In exchange for a . . . → Read More: A Nation of Cynics

The Economic Fallacy of Price Controls

A renowned economist once said, “Even capital punishment could not make price control work in the days of Emperor Diocletian and the French Revolution” (Mises). Unfortunately, the monarchs, bureaucrats, and legislators of yesterday and those of today have yet to heed those words. As a couple of noted researchers also said, “Price controls are . . . → Read More: The Economic Fallacy of Price Controls