by Andrew F. Quinlan | May 23, 2020 | Opinion and Commentary
Originally published by RealClearHealth on May 22, 2020. While Congress debates a fourth relief package addressing the fallout from the COVID-19 pandemic, health care providers are risking their lives on the front lines to provide care for the sick. But instead of...
by Andrew F. Quinlan | May 21, 2020 | Opinion and Commentary
Originally published by Townhall on May 20, 2020. Congress is digging in for another battle over the proper government response to high unemployment and the shuttering of the economy in response to the coronavirus pandemic. Multiple bills have passed to provide more...
by Dan Mitchell | Apr 17, 2020 | Big Government, Blogs, Economics
Exactly one month ago, I wrote “A Primer on Price Gouging” to explain why government-mandated price controls are an unwise response when prices for certain goods climb after a disaster. Here’s a video from Johan Norberg on the topic. And here’s Professor Michael...
by Dan Mitchell | Apr 16, 2020 | Big Government, Blogs, Economics
An unfettered “price system” is a core feature of capitalism, as explained in videos from Marginal Revolution, Learn Liberty, and Russ Roberts. This video from Don Boudreaux is a great addition to that collection. What happens, though, when politicians interfere with...
by Dan Mitchell | Mar 17, 2020 | Blogs, Economics, Free Market
After Hitler’s National Socialists were defeated in World War II, the allies imposed price controls on the German economy for the ostensible purposes of fighting inflation and preventing “price gouging.” That policy led to massive shortages, black markets, and...