Far from creating a “dog-eat-dog” world, Adam Smith shows why capitalism instead creates a society of cooperation and mutual benefit.
Gary Galles
A free and flourishing community usually doesn't require zoning.
A banking crisis triggers obligatory expressions of shock and dismay, but this has all been done before.
The consumer welfare standard for antitrust regulation is under assault, leaving a situation where "the Government always wins."
The current legal protections for the black pinesnake raise Fifth Amendment issues. And a different, neglected Amendment helps us understand why.
Gary M. Galles is a Professor of Economics at Pepperdine University, who has taught there for 40 years. For 25 of those years, he taught in the UCLA Economics Department as well. He is also an adjunct scholar at the Ludwig von Mises Institute, a Senior Fellow at the American Institute of Economic Research, a member of the Foundation for Economic Education faculty network, a research fellow at the Independent Institute, and a member of the Heartland Institute Board of Policy Advisors. His newest book, The Best Read, is due out later this year from the Ludwig von Mises Institute. Earlier books include Pathways to Policy Failures, Lines of Liberty, Faulty Premises, Faulty Policies, and Apostle of Peace.