Merry Christmas and Peace on Earth

Scott Sumner

One thing that bugs me is economists who seem to think that their way of looking at life is the right way. Indeed the only sensible way. 1. Economists who complain that Christmas presents are inefficient. Do they ever consider the fact that people might get utility from the thought that others are thinking about t...

David Henderson

One of the distinctions that Boudreaux and Hayek both stress is the one between law and legislation. Boudreaux illustrates this with three nice examples, two of law and one of legislation. On the law side, he tells a story that anyone who has ever parked at a shopping mall is probably familiar with. You are looking for...

David Henderson