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A whimsical animated short film based on Russ Robert's poem about emergent order and the supply of bread. It's a Wonderful Loaf is an ode to the hidden harmony that is all around us--the seeming magical ways that we anticipate and meet the needs of each other without anyone being in charge.
Disrupting the Health Care Industry: Choice Through Competition
The most important driver of revolutions in price and quality comes from new companies entering a market. But numerous rules and regulations have made health care into a uniquely uncompetitive market. A revolution in health care will require eliminating the restrictions that prevent new entrants to the market.
Terry Anderson Asks Who Washes A Rental Car?
Environmental problems result from the tragedy of the commons. In order to solve those problems, free market environmentalists look toward the one place where the tragedy of the commons doesn’t happen – in markets with clearly defined, enforced, and tradeable property rights. Property rights give people the incentive to protect their assets, and environmental problems often come down to the fact no one has an incentive to conserve the environment.