What Should Not Be Sold?

Assume you just learned that your mother paid someone to write the (warm and loving) toast she expressed at your wedding. Is that okay? During Bloomberg radio’s On the Economy, referring to a pu…

The Right Stuff

Giving a grade of “One Pinocchio,” the Washington Post assessed the accuracy of President Obama’s February 7, 2011 speech to the U.S. Chamber of Commerce. Most interesting, though, w…

Kidney Markets?

What should we be able to buy and sell? Alcohol? Land? People? Body Parts? In a Teaching Company lecture on organ transplants, Wake Forest economist Robert Whaples says that the answers depend on the …

Everyone Rations

I am concerned that the word “ration” has a bad reputation. In a recent CBS story about a new Medicare/Medicaid head, and throughout the healthcare reform debate, stories about repute…

Is the Market Ethical?

Some people believe that government should control areas that we consider most valuable while others say precisely the opposite. The “war” between government believers and market believers…

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