Purpose – The concept of “price gouging” during times of emergency, such as in the aftermath of Katrina, often evokes quite an emotional and reactive response from people who are outraged that stores and companies would increase their prices during a time of emergency. The problem is that...

Purpose: This paper aims to examine the case against land use zoning. Design/methodology/approach: We approach this analysis from the perspective of economics, health and geography. Findings: The findings of this paper suggest that the case against zoning is overwhelming. Research...

Purpose – What are the reasons for writing this paper? The purpose of this paper is to make the case for liberty, and free enterprise, against the criticisms of this system. Specifically, the present essay is an attempt to criticize the case for inheritance taxation. This is made by many, but...

In the view of most economists, highways and streets are “public goods,” not amenable to ordinary market competition. The present papers argues, to the contrary, that these thoroughfares are conducive to competitiveness, and then applies these insights to automobile insurance and price...

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 – 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...