Economic Ideas

March 19, 2019

A 2019 Update: The World’s Top and Bottom Laissez-Faire Countries

The Index of Economic Freedom is a handy source of data for judging whether or not a government has a laissez-faire philosophy.

March 18, 2019

How to Deal With (Airplane Seat) Recline Rage

To recline or not to recline an airplane seat is a problem for passengers and airlines because of pitch, profits, property rights, and your philosophy.

March 12, 2019

How Venezuela Caught an Incurable Case of Dutch Disease

From the very beginning in 1922, Venezuela's oil industry fueled governmental decisions that created an incurable case of Dutch disease.

March 11, 2019

How Norway Avoided Dutch Disease

Avoided by Norway, Dutch disease is contracted by nations that let a commodity windfall dominate what they produce and spend.

March 8, 2019

Why a Higher Minimum Wage is like a Google Map

Using a multi-disciplined lens, the University of Washington's most recent study of Seattle's $15 minimum wage conveyed considerable insight.