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Posts Tagged ‘market’

Market “Impossibilities”

Posted in Uncategorized, tagged , , , on 25 November 2009 | Leave a Comment »

Here is a letter I recently sent to the Lansing State Journal:
In his recent letter, James W. Perkins claims that “The health-care system does not belong in the free enterprise arena, where one checks prices, then decides to buy or not to buy because the item can be done without. With health care, not treating [...]

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The Ultimate Chain Letter

Posted in Uncategorized, tagged , , , on 18 September 2009 | 1 Comment »

Kurt Bouwhuis, Mackinac Center Intern
Here is a great essay that is a bit more lengthy than most of my posts that is definately worth your time to read!
By: Russ Roberts
The other day I had to get some important tax receipts to my accountant. He’s in St. Louis, it [...]

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They Have the Right

Posted in Uncategorized, tagged , on 9 July 2009 | Leave a Comment »

People want. In fact we will never be able to meet all the wants of humanity. But more than any other system, markets do a wonderful job of fulfilling peoples desires, no matter how strange they may be.
TryingLiberty reported last August about the iPhone application I Am Rich, and today I bring you Smell of [...]

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Want to Trade with Bandits? (Answered)

Posted in Uncategorized, tagged , , , , , , on 18 June 2009 | Leave a Comment »

Kurt Bouwhuis, Mackinac Center Intern
This post will answer the question I posed in my last post, which was: Is the market capable of dissolving violence and addressing imbalances in power, or does the government need to step in?
Answer:  The market IS capable of dissolving violence and adjusting to the imbalances in power.  In the scenario [...]

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Want to Trade with Bandits?

Posted in Uncategorized, tagged , , , , , , on 17 June 2009 | 1 Comment »

Kurt Bouwhuis, Mackinac Center Intern
Peter Leeson, professor at George Mason University, has conducted extensive research on pirates revealing some very interesting economic insights.  He recently published a new book on this very topic, titled The Invisible Hook.
I was recently reading through one of his papers, titled Trading with Bandits, where he presents an interesting dilemma [...]

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You Better Not Oppose Regulation

Posted in Uncategorized, tagged , , , , , on 1 December 2008 | 2 Comments »

Kurt Bouwhuis, Mackinac Center Intern
These screen shots were pulled off of the CNN website.  I am hoping “held accountable” means nothing more than questioned.  It seems odd to say that if you oppose regulation, you should be held accountable.  What if it were proven that regulation caused our financial crisis?  Should those who advocated regulation [...]

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