Too Bad He Didn’t Take Econ From Me Either

Craig Newmark points out that Glenn Reynolds did not get the full picture in Econ 101 if he thinks that people donating for stuff they could get for free is irrational. And as Craig says so well, it’s about the exchange of value for value, not about money. Of course you want to get as … More Too Bad He Didn’t Take Econ From Me EitherMore Too Bad He Didn’t Take Econ From Me Either

Walter Williams On Sweets

Chicago has historically been one of the biggest locales for the production of candy in the country. Brach’s had their factory here, as did Ferrara Pan, Fannie May, and of course the local Frango mints sold at Marshall Field’s (yum!) were made here too. One of the more delightful and tempting things about Chicago is … More Walter Williams On SweetsMore Walter Williams On Sweets

Russ Roberts And Virginia Postrel On Jobs

Russ Roberts has a typically clear and lucid commentary on jobs and “outsourcing” in Business Week. Short of jumping into the fray on this issue, let me simply suggest that you read this, circulate it, and consider his conclusion: The hardship that results from economic change always tempts politicians to limit individuals’ freedom to buy … More Russ Roberts And Virginia Postrel On JobsMore Russ Roberts And Virginia Postrel On Jobs