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...

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of this paper that the state of siege on the part of students against academics and administrators of the 1960s has been replaced by one led by university administrators who are now waging a war of “political correctness” against students and faculty.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

For all too long the government of the United States has been dreaming a very long and costly dream. In this dream, the government is the ultimate hero, battling poverty. But like all other dreams, this one is not what it seems. The ideals of the welfare state are, in fact, a nightmare of...

This paper argues that the belief that the rapid growth of the human population will inevitably lead to a major ecological disaster is neither intuitively nor empirically tenable. A significant portion of the world's pollution comes not from overpopulated poorer nations, but from Western nations...