The World Trade Organization, a favorite punching bag of some conservatives, is at it again. But hold on conservatives, the WTO is right on this one! For pocketbook reasons, the U.S. would be wise to heed their ruling. For the … Continue reading
Election years are the times that try economists’ souls. Practically everyone with his hat in the ring will promise us this and promise us that and promise us everything under the sun, more often than not implying that, by the … Continue reading
The bankruptcy of the activist view of government is in full bloom again, thanks to the John Kerry campaign. For starters, Kerry promised to raise the minimum wage. Even if Kerry is an Economics 101 dropout, one would think that … Continue reading
I was channel surfing on my car radio when I encountered the latest ad for the Pennsylvania lottery. These ads tend to be clever. This is true in many states. For instance, the ads for the Virginia state lottery are … Continue reading
When he became governor a few weeks ago, Ed Rendell announced that he was suddenly surprised by the unanticipated size of the state budget deficit. His administration insists that that gap must be closed. Now, in a likely related matter, … Continue reading
EDITOR’S NOTE: The following lecture was presented at Grove City College on February 6, 2001. Introduction A course in Constitutional Law helped me decide that I wanted to become a lawyer. I had no previous interest in being a lawyer whatsoever. … Continue reading
