We Have a Printing Paper Problem
I, Magazine, simple though I appear to be, merit your wonder and awe. I am seemingly so simple, yet not a single person on the face of this Earth knows …
Supply and demand
No, Gas Prices Didn’t Spike Because of ‘Corporate Greed’
The price of gas keeps rising. “The reason for that is because of Putin’s war,” said President Joe Biden. But that’s impossible. Most of the price rise came before Russian …
America’s Trade and Regulatory Policies Have Contributed to the Baby Formula Shortage
As the COVID-19 pandemic rattled global supply chains, each of the two most recent presidential administrations stressed the importance of limiting America’s supposed reliance on imported goods and boosting domestic …
The Case for Uber Surge Pricing After a Mass Shooting
The media’s ignorance about basic economics is galling. I expect it from politicians. I expect it from The New York Times. But it’s sad to see in the New York …
California’s Terrible Price-Gouging Law Puts Markets at Mercy of Ambitious Prosecutors
California’s incredibly stupid, market-denying emergency “price-gouging” laws have struck again, this time hitting a grocery store chain for raising egg prices beyond what the state allows during pandemic-related shortages. Value …
Where’s My Stuff?
Americans can be forgiven for thinking that every critical system we rely on is breaking down. The country—nay, the globe—has endured years of social, political, environmental, and epidemiological upheaval. Pick …
Gavin Newsom Has Been Absent as California Port Crisis Drives America’s Supply Chain Problems
California state officials are unusually bold in their approach to major problems. For instance, Gov. Gavin Newsom and his progressive allies believe our state can pass labor laws that revamp …
Joe Biden Invoked ‘I, Pencil’ To Explain Supply Chains, but He Seems To Have Missed the Point
Midway through an otherwise pretty unremarkable speech from the port of Baltimore on Wednesday evening, President Joe Biden uttered a few words that will make any libertarian’s ears perk up. …
Opium Suppression in Afghanistan Was a US-led Failure
No single factor can explain the recent swift collapse of the U.S.-backed Afghan government. But one underappreciated mistake has been Washington’s long-running effort to suppress the cultivation of opium poppies …
Harvard Housing Researchers Confirm That Supply and Demand Are Real
The pandemic and post-pandemic recovery continue to prove that supply and demand are real when it comes to housing costs. A new report from Harvard University’s Joint Center for Housing …