Do Incentives Matter for the Economy? – Learn Liberty
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Do Incentives Matter for the Economy? – Learn Liberty

Incentives matter: this is the fundamental concept in economics. People respond to incentives, so in order for us to predict people’s behavior, we need to think about how their incentives have changed. For example when gas prices rise, people buy less gasoline. They probably don’t stop buying gasoline, but they find ways to use less. […]

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The Importance of Structure v. Parchment Barriers [No. 86]

We cannot underestimate the importance of structure to preserving liberty. As Justice Scalia was fond of saying, “Any tinpot dictator can have a Bill of Rights.” The Bill of Rights for the Soviet Union was extraordinarily capacious, the Bill of Rights for the North Korean regime is extraordinarily capacious. But without structural protections, Bill of […]

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Roe v. Wade: The Power of a Law Review

There were plenty of articles leading up to Roe versus Wade proposing ways to make abortion a constitutional right. There was a law professor named Roy Lucas at the University of Alabama Law School. He published an article in the, uh, North Carolina Law Review that advocated and sought judicial intervention with respect to the […]

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