Class Warfare and Utility Pricing

Class Warfare and Utility Pricing

Good folks on the left (and every other part of the spectrum) push for equality of opportunity. And what’s great about that approach is that more opportunity for one person does not require less opportunity for another person. Bad folks on the left push for...

The Wrong Way to Legalize Drugs

In discussions about drug legalization, skeptics worry about addiction. I think that’s a legitimate concern, but the focus is too narrow. Yes, legalization may lead a few more people to get hooked on drugs, but we also need to pay attention to the...
CFPB Misfires on Bank Fees

CFPB Misfires on Bank Fees

Originally published by the Washington Times on May 1, 2023. Ironically, the politicians most likely to claim “democracy is in crisis” are those who established and supported a powerful federal agency specifically designed to limit the ability of Congress and the...
Hope for Chile

Hope for Chile

For a few decades, Chile was very interesting for fans of free markets. The country became famous for its system of personal retirement accounts, but there were many other reforms that liberalized the economy. Everything from free...