Archive: Art Carden
Tariffs on European Booze Will Hurt American Consumers
Whether you are talking about steel, cherries tires, shrimp, sugar, or fancy wine and cheese, the principles remain the same.
Price Gouging Laws Are Knowledge Embargoes That Should Be Repealed
Prices transmit crucial knowledge about what is wanted where and how urgently.
Consumers Say ‘End of the Road’ for Volkswagen’s Iconic Beetle
Free markets provide essential information that tells firms whether they have chosen wisely or poorly.
Looking for a Booze-Fueled Tour of the Unfree World? Try ‘Socialism Sucks’
Socialism Sucks is definitely not the kind of dry academic treatment for which economists are (in)famous.
Bernie’s Labor Pains: Three Takeaways
There are several lessons to be learned from Bernie Sanders' recent trouble with his unionized, and apparently underpaid, labor force.
Don’t Feel Bad About Using the Self Checkout
You’re not spreading prosperity when you choose the labor-intensive option just because it’s labor intensive, you’re wasting resources.
Should We Cap Credit Card Interest Rates at 15%?
Decency requires us to think through the intended and unintended consequences of the policies we are proposing.
The Capitalist Achievement of Recorded Music
It’s worth stepping back and considering just what liberal, capitalist, "in-it-for-the-money," free market societies have done, and for whose benefit.
There Is No One Answer to Rule Them All
If we really respect people’s liberty, dignity, and autonomy, we will work to expand their options rather than limit them.
Are Intelligent Machines Coming for Your Job and Your Wages?
If technology were going to lead to widespread immiseration, it probably would have happened already.
If Student Loans Might Be Canceled, Why Not Borrow More?
Student debt cancellation is already suspect because it redistributes wealth upward. It also changes people’s incentives for the worse.
In Defense of Blowouts
People Respond to Incentives, Even on the Soccer Field