Library of Economics and Liberty

Science writers like to suggest that anyone can understand the intuition behind theories such as special relativity and quantum mechanics, if only they will read this book, or that essay. Don’t...

https://www.econlib.org/economics-is-really-hard/

In a previous post , I pondered whether certain critics of market outcomes might be committing an error that is inaccurately projected on economists – the assumption that money is all that matt...

https://www.econlib.org/money-isnt-all-that-matters-redistribution-edition/

Why are American housing prices so high? How have zoning laws impacted the supply of housing? Is urban sprawl the answer to American housing and environmental problems? Judge Glock joins EconTalk...

https://www.econtalk.org/extra/competition-in-zoning-create-more-housing/

THE ECONOMIST has an excellent article discussing the gradual extension of government into the business of banking. With the recent bailout of Silicon Valley Bank depositors, authorities have si...

https://www.econlib.org/socializing-risk/

  > What’s more, Mr. Musk says he would have complied if President > Biden ordered him to turn on his privately owned network for > Ukraine: “While I’m not Pre...

https://www.econlib.org/biden-is-not-the-countrys-ceo/

James M. Buchanan was an economist known for his affiliation with the “Virginia School of Political Economy,” otherwise known as Public Choice theory. Trained at the University of Chicago, h...

https://www.econlib.org/reevaluating-the-influence-of-james-buchanan-on-libertarian-thought/

  > Congress created the ERC >  > in 2020 to reward businesses and nonprofits for keeping employees on > payrolls during the pandemic. Three years later, it has turne...

https://www.econlib.org/mr-wonderful-isnt/

Legislators in Minnesota are currently debating a bill which illustrates one of the most fundamental questions of public policy. HF 2513 would abolish subminimum wages for people with disabiliti...

https://www.econlib.org/a-sub-minimum-wage-or-no-wage-at-all/

Even those who are not unfriendly toward markets often ignore or forget some of their properties. Consider zoning. A recent article in The Economist reports how high house prices have generated a...

https://www.econlib.org/forgotten-lessons-of-zoning-versus-markets/

Yes, but not in the way that most people assume. BRIAN ALBRECHT has a very good post criticizing ad hoc theories of inflation, such as those that point to a mysterious rise in “collusion”....

https://www.econlib.org/can-supply-and-demand-explain-inflation/