Kids Prefer Cheese

This morning had a great time watching Pete Boettke wander around at APEE, complaining that all the breakfast (advertised on the program as...

"What's your price?" is a dating site, sort of.  You decide what it is. I wonder if the name comes from this famous (and ap...

An amusing video from David Zetland here . But more importantly he describes the 20/80 rule: I use the term " 20/80 rule " to...

An email from a reader. Seattle's push for a $15 minimum wage isn't the only economic illiteracy we have here on the left coast. ...

  An NPR reporter makes all the usual mistakes in describing "price gouging" in taxi rides.   It's as if the case is prima fa...

Remember that scene from "Cool Hand Luke," where he bets he can eat 100 eggs?  This is a remix, I guess you'd call it, but it...

People compensate.  If they save water, they use more electricity, because their "budget" of moral behavior is increased.  It sho...

Two nice posts by my good friend Pete Boettke on prices, equilibrium, and the functioning of markets. Prices doing their job The functi...

Lots of basic classes have prerequisites.  Why not public office?  As in, you can't be governor of a state unless you have taken (and P...

Great video.  There's nothing complicated here.  We prevent markets from working, by restricting price.  And then we blame markets for ...

Zoe Chace did a nice job with this, I thought.  I wish she would have given a little more of my explanation, but the stories are good.  She...

The Sistine Chapel is not for the faint of heart. While some may swoon over the over the top artwork, others complain of heat, smells and pi...