Browsing Tag
market
11 posts
Socialism By Any Other Name Would Stink Just As Badly
A fun result from some research by Ed Lazear: One surprising finding from my study is that changing…
How Remarkable – More International Trade Increases Competition In The Face Of Domestic Concentration
Not that this is a hugely surprising conclusion. If the domestic economy is thrown open to international trade…
Only California Could Expand The Black Market By Legalising Cannabis
Quite clearly if you just say that growing, buying, possessing and selling cannabis is now legal then you’ve…
Shoddy Firms Going Bust – Britain’s Gloriously Competitive Electricity Market
There seems to be a little misunderstanding of how markets work here – which is a pity as…
Economy Energy Goes Bust And Pernicious Drivel About The Electricity Market
Of course it saddens when a company goes bust – dreams, livelihoods and capital all up in smoke,…
Cuba’s Socialist Triumph – So Poor, So Lacking, Haiti Is An Exciting Marketplace
Imagine being so poor, so deprived of consumer choice and supply, that you’d go to the poorest country…
A Bit Of Economics That Gordon Brown Actually Understood
Yes, obviously, we all fall back in amazement as we contemplate the idea that Gordon Brown understood any…
The Larger The Market You Trade Over, The More Benefit From The Trade
Once we accept the basic ideas of he division and specialisation of labour, then the subsequent trade in…
Markets And Prices Apply Even Out Of This World
A nice little story from China. Meteorites fell on some villages near the Burma border, the locals there…
If AO World Is Facing Such Problems, Isn’t This A Free Market?
As we all know a pure free market does not exist and never has existed. The question then…