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Tag Archives: supply and demand
Labor Markets Aren’t Special
The laws of economics are universal. They apply to all markets, everywhere, at all times. At times, governments or other hostile forces may restrict certain markets in particular ways to cause them to be unique, but the general laws still … Continue reading
Posted in General Theory
Tagged Economics, Free Markets, labor markets, minimum wage, outsourcing, price controls, supply and demand, unemployment
3 Comments
Yes, Economics Applies to Medicine Too
John C. Goodman: Why the Doctor Can’t See You – WSJ.com. It amazes me that articles like this are necessary. That so many people seem to believe that the fundamental principles of Economics simply no longer apply when you’re talking … Continue reading
Posted in News Link
Tagged bureaucracy, Economics, health care, medicine, obamacare, supply and demand
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Dude, Where's My Freedom? 