Markets, Markets everywhere
Solving the worlds problems by letting people trade. On markets. — FTN DAILY EDITION #150, Economics and Business
Fight the refugee crisis with capitalism
It’s an economic no-brainer.
Bringing work to Syrian refugees in the regional havens is both more feasible and more humane than the alternative briefly adopted in the autumn of 2015, of bringing refugees to jobs in Europe.
Flying cheap? Thank the guy in 1st class.
In defense of expensive drugs
Innovation costs need to be covered.
The relationship between unmet medical need, innovation, and high drug prices is complex and politically fraught.
No consensus on universal basic income
The experts are divided.
A common worry is that providing a basic income for young people would, perhaps more than for other demographic groups, encourage worklessness and dissuade integration into the labour force, with severe long-term effects.
Markets help Venezuelans and Greeks cope with catastrophic political measures.
Merchants in these off-grid markets are often associated with danger and violence, but in reality, they provide the purest form of voluntary transactions.
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