alex tabarrok

Many people argue that democracy is incompatible with capitalism but they differ on whether democracy will kill capitalism or whether…

In India, government jobs pay far more than equivalent jobs in the private sector—so much so that the entire labor…

It has become popular in some circles to argue that trade—or, in the more “sophisticated” version, that the dollar’s reserve-currency…

Many people think they understand why domestic prices rise with tariffs—domestic producers take advantage of reduced competition to jack up…