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...

Nuclear power has never been free from the stifling involvement of government. Heavy regulation has reduced the ability of entrepreneurs to develop and provide new means for the generation of energy using nuclear fuel. The strict parameters dictated by government officials are based upon...

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 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 – Catholic social teaching is predicated upon their notion of “social justice.” In this perspective, the rich, as do the poor, have rights only to a bare subsistence level of income. Any wealth greater than this amount is owned by all of mankind, not by those who hold private...

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...