Economics In One Page

The following article by Mark Skousen was originally published by the Foundation For Economic Education. Read the original article. Dr. Skousen is an economist at...

Why I Won’t Join Your MLM “Business”—So Please Stop Asking

Suddenly I'm being approached by people to join, or buy into, the MLM business they're involved in. This is a relatively...

Uber in NYC: The People Vs. The Monopolies — Whose Side is Mayor de...

"When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you...

FDA: Cut The Budget, Not The Cheese

Last year, the FDA moved to ban the use of wooded boards for cheese production, a centuries-old practice used by artisan cheese makers. The...

Amazon Isn’t Driving Publishers & Bookstores Out of Business; Authors & Readers Are

The idiocy of all this anti-Amazon crap makes my head hurt.... Seems there's another feud brewing in the publishing arena, this time...

In Defense of Walmart: Employers Don’t Set Wages, the Labor Market Does

I just saw an idiotic post on Facebook calling the Walton family (owners of Walmart) "greedy", because they're "the richest family in...

Experiencing Happiness is More Important Than Winning

Winning Is Secondary Whenever I participate in games or sporting activities, I try to focus on the ultimate purpose of experiencing happiness and enjoying the...

Katasi’s Groove: Device Deters Texting While Driving & Rewards Safe Driving

When I saw so many states begin outlawing the talking on cell phones while driving, I immediately speculated that cell phone-related accidents would...

Are You an Optimist, or a Realist? The Pros & Cons of Optimism Bias

I find it fascinating: optimists are considered unrealistic, while realistic people are deemed pessimists. And everyone wants to be around optimists,...

Why “Should” Businesses be Closed on Holidays?

I feel compelled to address a misconception that I currently see raging online and in the media: that businesses "should" be closed on holidays. I constantly see praise...

How the U.S. Post Office Killed Digital Mail Delivery in America

Entrepreneurs Evan Baehr and Will Davis started Outbox, a company based in Austin, Texas that provided people with mail sorting/scanning/digitizing services. They...