Contrived Scarcity and Antitrust Lawsuits—“It’s Not a Bag, It’s a Birkin”
Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules
Birkin bags are pricey and the producer restricts its potential buyers. Unfortunately, disgruntled customers who don’t want to follow the company’s rules
Employing the Labor Theory of Value, Marx claimed that entrepreneurial profits arise from exploitation of workers. In reality, entrepreneurs earn profits when
The watchword among progressives this election season is: “Nothing less than our democracy is at stake.” In truth, democracy itself is not
Not all news from the gold and monetary fronts is bad. In fact, gold made a number of advancements in seven states,
Historical revisionism is nothing new, and recent attempts to label an “antiracist” approach to history have wrongly been called “revisionist.” To better
Buchanan and Tullock‘s The Calculus of Consent influentially applies economic ideas to politics, focusing on methodological individual. However, there are a few
Wage differences between men and women often are automatically attributed to sex discrimination against women. However, as research has shown time and
Looking for an introduction to the real story of the foundations and tragedies of the world wars? This new book by the
A new study from the Institute for Research on Labor and Employment at UC Berkeley claims that California‘s new $20 fast food
A new study at UC Berkeley claims that California‘s new $20 minimum wage has had no adverse economic effects. If only that