The Market System

July 16, 2018

How Traffic Lights Relate to Adam Smith

When no traffic lights on the island of Nantucket has created good will among strangers, it also might show the limits of Adam Smith's laissez-faire.

June 20, 2018

The Woman Who Wants a Moon Dust Market

Unless the U.S. government lets a woman in Tennessee keep and then sell her moon dust, it will remain a "priceless" national treasure with unknown value.

May 28, 2018

The U.S. Army’s War Against the Vegas Golden Knights

A college and the U.S. Army are trying to prevent the Vegas Golden Knights from getting a trademark. About much more than a hockey team, the […]

March 19, 2018

A 2018 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.

January 19, 2018

What The Last Supper Says About Food Portions

Looking at entrée, bread and plate sizes in versions of the Last Supper during the past millennium gives us some clues about portion size history.