Should one be free to drive a taxi in Miami? Apparently not. The city government of Miami controls the number of taxi cabs and, as of 2002, had decided that only 1,856 taxi licenses shall exist. When a license becomes available, it is sold via lottery. But to participate in the lottery one must pay […]
Timothy Sandefur’s new book Read More »
This is a very good book: Arnold Kling and Nick Schulz’s From Poverty to Prosperity: Intangible Assets, Hidden Liabilities and the Lasting Triumph over Scarcity. I found it an exciting read, in part because I teach business ethics and philosophy of economics and I’m used to being immersed in the mainstream perspective, much of which
From Poverty to Prosperity Read More »
For much of the twentieth century, poverty and stagnation characterized India’s economic life, yet India has transformed itself and prospects for its 1.1 billion people have improved dramatically. Economics professor Nimish Adhia recently spoke at Rockford College on how Bollywood films both signaled and contributed to the cultural shift necessary for India’s economic liberalization to
Interview with Nimish Adhia on Bollywood and the new India Read More »
This is an excellent overview of the politicized economics, by Peter Boettke and Steven Horwitz, along with an introduction by the excellent John Allison. The abstract: “The Great Recession (or the Great Hangover) that began in 2008 did not have to happen. Its causes and consequences are not mysterious. Indeed, this particular and very painful
The House that Uncle Sam Built Read More »
My full interview with Dr. Robert Bradley is now posted at the Center for Ethics and Entrepreneurship site. Most journalistic accounts of the Enron mess focus on the accounting manipulations toward the end and miss the politicized business strategy and public-relations corporate culture that got Enron into trouble in the first place. Robert Bradley worked
Enron and political entrepreneurship Read More »
My review of Kevin Gibson’s Ethics and Business: An Introduction (Cambridge University Press, 2007) is now out in the current issue of Teaching Philosophy. The review is behind the subscriber wall but will be publicly available eventually. From my introductory section: “Gibson’s approach is middle-of-the-road in the content of his beliefs about business and ethics,
Review of Gibson’s Ethics and Business Read More »
Here is a nice solution to a problem. City governments are usually responsible for street signs. But they can be expensive–and this is an era of supposed budget cuts, it’s hard to impose new taxes, and so on. So why not get area businesses to sponsor the signs? Businesses will pay happily to get some
Street signs in Buenos Aires Read More »
John Allison on the financial crisis.
John Allison on the financial crisis Read More »