In defense of the peer-to-peer economy

Bernie Sanders and Hillary Clinton, two of the at least five Democrats seeking that parties presidential nomination, have recently come out in opposition to a growing segment of the economy: the so called peer-to-peer economy. Sanders, in an interview with Bloomberg News, said he has “serious problems” with the popular car-hailing company Uber, claiming it […]

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The economics of xenophobia

I recently read a pair of articles that on the surface are only tangentially connected. However after a little deep thought, I realized the authors are looking at the same problem from both a micro and macro level. The articles were “‘Buy Local’ is really bad economics” and “The economic case for open borders.” Again, […]

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