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Other Schools of ThoughtValue and Exchange
Unlike a moralistic schoolmarm or a government, markets do not punish or tax anyone. They merely reflect the choices we make and the values we hold.
Bureaucracy and RegulationPricesValue and Exchange
The unintended consequences of government regulation lead to even more government coercion.
Value and Exchange
When people change cities, they are likely to change their consumption patterns — which means a simple cost-of-living index doesn't tell us what it should.
Protectionism and Free TradePolitical TheoryValue and Exchange
In spite of claims they will benefit society overall, interventionist policies designed to benefit certain interest groups ultimately only help certain groups at the expense of everyone else.
PricesValue and Exchange
If local prices are sending the message that everything's perfectly normal, residents may be overly optimistic about the risks they face during natural disasters.
Philosophy and MethodologySubjectivismValue and Exchange
Those who oppose "consumerism" contend it is wrong to give consumers what they want if they want the wrong things.
U.S. EconomySubjectivismValue and Exchange
Gentrification gets bad press. It would appear that the gentrifier (he who engages in gentrification) is a malign exploiter, a bully, someone who takes advantage of the weak and the poor. And these are the nice things said about him.
HealthWorld HistoryValue and Exchange
People usually recoil at the idea of trading babies for money, but in the wake of Soviet deprivation, easy-adoption laws helped countless orphans in Romania.
Bureaucracy and RegulationFree MarketsEntrepreneurshipValue and Exchange
Calls for finding efficiencies in government by electing or appointing people to “run it like a business” are futile.
The EntrepreneurLabor and WagesProtectionism and Free TradeValue and Exchange
Business owners understand that the key to prosperity is to reduce costs and deliver more goods to the customer. Wage workers, however, often want higher prices in order to "protect" their jobs.