Economics may offer a clue as to why not one state is mandating vaccination to attend school in the 2022-2023 school year, even though many government officials support coercive vaccination policies.

Sound economic thinking is vital for a prosperous future  “Economics is the study of human action - the choices people make in a world of scarcity. Scarcity means that people have unlimi

Proponents of tariffs often say “free trade” is impossible because other countries would never agree to it, but that view misses the point. “Free traders are trapped in a public policy version

All sorts of shortages are now popping up in the US economy. At the head of the list is undoubtedly infant formula, but there are literally dozens of other items in short supply. There are so many of

One of the core ideas of Marxist economic theory is the notion that business owners exploit the workers, that is, they profit off the work of the workers. The reasoning is that the things produced by

The price of electric vehicles contains much of the answer If you’ve been feeling some pain at the pump in recent weeks, you’re not alone. Gas prices are up around the world, and in the US they r

The tragedy of the commons is at the heart of many of our environmental issues, revealing the power of incentives. Polling has consistently shown that millennials and Gen Z rank climate and environme

Robert Murphy’s new book “Understanding Money Mechanics” is an excellent primer for learning what money is, why it originated, and how it works in the world today. As inflation climbs across

When married to power, an exaltation of science can have disastrous effects [caption id="attachment_18750" align="alignnone" width="300"] Mike Roberts is a process engineer at Intel with a Bach

What is the dark web? And is it as sinister as its name implies? Economic principles have a funny way of showing up in unexpected places. To highlight the often scoffed at importance that branding