Purpose – The purpose of this paper is to demonstrate that there is a gigantic difference in political philosophy between earlier and later Catholic theology, regarding free trade. Design/methodology/approach – The paper compares statements on free trade made in the earlier period by...

Purpose – The reason for writing the paper is to cast doubt on the claim that the informational asymmetries uncovered by Bernhardt and Scoones constitute a market failure. Design/methodology/approach – The main method used is to quote these authors, and then critically comment upon their...

Purpose – The purpose of writing this paper is to defend the doctrine of commodification, or alienability: that there are no exceptions to the principle that all things that are owned may be legally sold. Design/methodology/approach – The approach of this paper is to consider arguments to...

Purpose – To analyze the legal, ethical, and economic implications of governmentally criminalized graffiti. Design/methodology/approach – First the paper presents the act of graffiti as a minor form of rebellion against an unjust government according to the criteria of just war theory. Once...

Purpose – The paper aims to combat economic illiteracy concerning poverty, minimum wages, sweatshops and working conditions. Design/methodology/approach – The objectives were achieved by (among others) making a proper economic analysis of the unemployment effects of minimum wage laws. The...

Purpose – It is the contention of this paper that the state of siege on the part of students against academics and administrators of the 1960s has been replaced by one led by university administrators who are now waging a war of “political correctness” against students and faculty. These...

Purpose – The purpose of this paper is to analyze South Park's take on the causes of the recession and the housing bubble. Design/methodology/approach – The essay describes the events in the South Park episode and compares them to the respective events of the recession and the housing...

Purpose – The purpose of this paper is to shed critical light on micro-finance. Design/methodology/approach – This scheme is managed from an economic perspective. Findings – Micro-finance comes to us as a left wing attack on the free enterprise system; as such, it ought to be opposed by...

Purpose – The purpose of this paper is to support the claim that socialism is ineffective and inefficient, and that this insight applies to socialized medicine, as well as all other forms of socialism. Design/methodology/approach – The main method utilized in this paper is the application of...

Purpose – The purpose of this paper is to demonstrate that the minimum wage law is deleterious to the unskilled, to the young and to members of minority groups. Design/methodology/approach – The main method used in this paper is the logical application of basic supply and demand economic...