The Ups and Downs of Consumer Spending

Because of the coronavirus impact, consumer spending has shifted away from many of the goods and services we normally buy.

What Pets Can Teach Us About Healthcare Spending

We cannot avoid unintended consequences from healthcare legislation because healthcare spending has no “one-size-fits-all” solution.

Why Marijuana is Not Green

Legalizing recreational marijuana, government has created environmental negative externalities by substantially increasing the number of local growers.

Alcohol, Marijuana or Tobacco: Which is Most Harmful?

When government miscalculates the negative externalities of substances like marijuana and alcohol, they waste land, labor, capital, time and money.