Recent foreign policy adventures in Venezuela, Gaza, Greenland, Denmark, Iran, and Russia have diverted attention from ...
Demonizing greedy bankers and landlords is the last refuge of the poorly polling politician. And, as affordability remains a leading issue among voters, ...
Likewise, toppling Iran’s regime will not by itself guarantee economic recovery. What also matters is not whether crowds are dispersed, but whether shared beliefs about rules, contracts and policies ...
Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. Shortages are most damaging when they involve basic ...
They could not be more wrong. When a government (or a cartel) dictates a price that is different from what the market would produce, the result is invariably shortages, lower-quality products or a ...
Your editorial “The Political Race for Fewer Cures” (Aug. 6) identifies an ironclad rule of economics: Price controls create shortages. In this instance, restrictions on prescription drugs will lead ...
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