The Just Distribution of Income and Wealth

by Mario Rizzo There has been a lot of talk this year, and especially during the holiday season, about the inequities in the distribution of wealth and income. But most of what has been written is quite simple-minded, if the writers mean to convey something more than their own personal preferences for a different distribution. … Continue reading The Just Distribution of Income and Wealth

Healthcare as Social Planning

by Mario Rizzo Although I am an advocate of voluntary birth control, I am not happy about (1) the equation of this choice with healthcare – even preventative healthcare (as if pregnancy were a disease); and (2) the government mandating that health insurers must cover these expenses, without even a copayment. A recent “non-partisan” committee has … Continue reading Healthcare as Social Planning

Of Interest to All Market Process Economists

by Gene Callahan Dan Klein responds, on the meaning of economic coordination, mostly to Israel Kirzner, and secondarily to several others, including me. Here is Klein's abstract: The Fall 2010 issue of the Journal of Private Enterprise featured a complicated set of papers. The lead article was a long paper by Jason Briggeman and me, … Continue reading Of Interest to All Market Process Economists