Home » Posts tagged with » art carden

Can You Even Be An “Informed” Citizen?

Can You Even Be An “Informed” Citizen?

Art Carden    Right after the famous “invisible hand” quote in The Wealth of Nations, Adam Smith writes: What is the species of domestic industry which his capital can employ, and of which the produce is likely to be of the greatest value, every individual, it is evident, can, in his local situation, judge much better than any […]

Prices Have Work To Do, Even In Pandemics

Prices Have Work To Do, Even In Pandemics

“Prices,” said the economist Benjamin Anderson, “have work to do. Prices should be free to tell the truth.” With Covid cases rising, places like Los Angeles reinstating outdoor mask mandates, and social media bursting with even more indignation than usual about Those People who refuse to wear a mask (or Those People who refuse to […]