If businesses get government subsidies to make their products cheaper, or “capture” regulation to hurt their competitors, that’s rent seeking.
I have a confession to make. I don’t recycle as many people understand the term. I try to reduce and reuse-I “recycle” shirts, towels, dishes, and the like in that I don’t discard them after one use, but several years ago I stopped recycling in the sense that I don’t put bottles, cans, and newspaper […]
In 2012, we released a video answering the question, “Why is there corn in your Coke?” Now, Jared Meyer sat down with Robert Bryce, an energy policy expert at the Manhattan Institute, to answer the question, “Why is there corn in your car?” The corn in your car—or rather, the corn you put into your […]
One of the most valuable economic insights is that human creativity is The Ultimate Resource. (The great economist Julian Simon wrote a book by that name.) It follows that as long as we are free to use our creativity, we don’t have to worry about running out of resources. Truly, human creativity makes resources of […]
Without economic freedom, we cannot exercise our other freedoms. The freedom to speak is meaningless if the government prevents us from traveling from our homes or paying for a phone call. The freedom to write is meaningless if the government prevents us from selling newspapers. The freedom to worship is meaningless if the government forces […]