Category Archives: Economic freedom

Trump’s Proposed Wall and Tax Are Folly

After “The White House … floated the idea of imposing a 20 percent tax on goods from Mexico to pay for a wall at the southern U.S. border” in January, I went on record about the idea at FEE.org. Learn Liberty also posted the piece. A slice: [Y]es, immigrants do take some jobs that peopleContinue Reading

Senator Tom Cotton and Rep. Mike Pompeo Spread Four Myths About Immigration

In September 2016, Senator Tom Cotton and Rep. Mike Pompeo advocated immigration restrictions in a Wall Street Journal op-ed. Their argument reaches wrong conclusions from wrong premises, as I explain in a letter to the editor. Here is the abbreviated version of the letter published in the WSJ. Learn Liberty published the full text of the letter in October. AContinue Reading

Minimum Wage Laws Are Immoral

Here is an open letter to a respected friend with whom I have strong differences about minimum wage laws. It was recently published at the Learn Liberty blog. A slice: Your indignation at allowing companies to pay (and workers to accept) wages below “a living wage” seems based in an assumption that all employers canContinue Reading

What’s Holding Up Economic Growth

Three articles in last weekend’s Wall Street Journal offer a sampler of the kinds of government intervention that are hampering the world economy, from South Africa to Detroit to France. On page A8 a headline declares, “Blackouts Stall South Africa Economy.” Why doesn’t South Africa have dependable power? Because the country’s power provider is aContinue Reading

All We Need to Know About “Net Neutrality”

In thinking about the controversy over “net neutrality” that President Obama stirred up on Monday, we should keep in mind that private ownership and freedom of exchange are the foundations of a free society. Internet service providers own their fiber optic cables, switches, and so on, the physical infrastructure of the Internet. It’s their property.Continue Reading

Undermining Terrorism With Property Rights

If young men in the Arab world had meaningful prospects of economic advancement, they would not be drawn into jihadi groups. Hence the key to successfully opposing ISIS and other extremist groups is to set up the institutions necessary for free-market capitalism: private ownership and freedom of exchange. So argues the great Peruvian Hernando deContinue Reading

Regulation of Lodging by the Market Process

Does the lodging industry—hotels and such—need government regulation? I don’t think so, and I’m more convinced than before after listening yesterday to a fascinating EconTalk conversation (http://www.econtalk.org/archives/2014/09/nathan_blecharc.html) between host Russ Roberts and Nathan Blecharczyck, a founder of the lodging service AirBnB. Blecharczyck explains that every AirBnB customer rates every property in which she stays, forContinue Reading

Let Markets Forces Regulate – Taxicabs

In this Freeman article I argue that “the sensible response” to any unfairness to taxicabs from competition from Uber, which has so far avoided government restrictions, “is not to burden Uber the way taxis are burdened, but to unburden the taxis and leave all ride services free to compete.” Two commenters on Facebook were notContinue Reading

Policy Fixes For the Current Economy, in Twenty Minutes

A little past four today a college student friend from summer camp asked me for my ideas on how to fix the current economy—in time to go into a project due in a 4:30 class! The following whirlwind exchange ensued. Readers might find it entertaining. I’m going to post it verbatim, and I’ll be interestedContinue Reading

Whose Property Is It?

The Wall Street Journal wrote last weekend (“Citi Investors Face a Wait for Cash”) that Citigroup executives have privately expressed doubt they can address the Fed’s concerns and persuade regulators to allow the bank to return more capital to shareholders this year, according to people familiar with the situation.” Think what that means. Shareholders are theContinue Reading

availableonamazon
Contact Dr. Baetjer

Enter your email address:

Skip to toolbar