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...

1. Epistemology and Methodology -- 2. Microeconomics -- 3. Labor Economics -- 4. Macroeconomics -- 5. International Economics -- 6. Political Philosophy -- 7. Law -- 8. Public Policy -- 9. Final Thoughts.

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 – The purpose of this paper is to counter the misunderstanding by Paul Craig Roberts of empirical measures of economic freedom. Design/methodology/approach – The objective is achieved by citing Roberts' criticisms of the Fraser and Cato studies of economic freedom and demonstrating...

Purpose – The purpose of this paper is to counter the misunderstanding by Paul Craig Roberts of empirical measures of economic freedom. Design/methodology/approach – The objective is achieved by citing Roberts' criticisms of the Fraser and Cato studies of economic freedom and demonstrating...

Purpose – The purpose of this paper is to analyze some of the unseen negative effects of the post‐Katrina government policies dealing with housing in New Orleans. Design/methodology/approach – Since Hurricane Katrina, the government, along with private for profit and not‐for‐profit...

Purpose – The purpose of this paper is to analyze the rebuilding of the Gulf coast post‐Hurricane Katrina. Design/methodology/approach – The paper posits that though Frédéric Bastiat passed away in 1850, the beauty of his sound economic reasoning is that it does not change over time and...

Purpose – The purpose of this paper is to analyze the havoc created by Hurricane Katrina from the viewpoint of Austrian Economics. The aim is to look specifically at the malinvested capital that came about because of the construction of the complex levee system around New Orleans....

In the aftermath of the Enron scandal, the critics of free enterprise have blamed this system for inflated and out of control executive salaries, particularly those of the chief executive officer (CEO). The present paper defends the marketplace against these charges. In section I we argue that...