Free Markets
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GLP-1 Weight-Loss Drugs Keep Getting Cheaper: Thank Competition
Wegovy’s cash price has dropped 75 percent since 2021 as drugmakers compete directly for patients. When insurers stay out, manufacturers must win customers with lower prices. Competition is making better health more abundant.
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Why Apartments in Tokyo Are So Much Cheaper Than in NYC
Tokyo houses millions more people than New York, with a surprisingly simple affordability formula: let people build more housing.
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Libertarianism’s Critics Bury Another Straw Man
Libertarianism doesn’t signal approval of vice, nor does free trade ignore struggling communities. Indifference is not the only alternative to coercion.
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Humility Is Civilization’s Price of Admission
A Canadian shop mailed me the hard-to-find part to save my wife’s old blender. How do prices help strangers cooperate on a scale no one can engineer?
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Affordable Broadband is a Local Victory
Competition, deregulation, and innovation are giving consumers faster internet at lower prices.
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Do You Know These 24 Underrated Economists?
A new collection celebrates 24 ‘Unsung Heroes’ of free-market thinking, bringing their important ideas into the spotlight.
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The Food Revolution Nobody Planned
From food trucks to farmers’ markets and beyond, entrepreneurs — not policymakers — are finding new ways to feed people, create value, and deliver much more than just cheaper food.
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What Makes Pharmaceutical Speaker Programs Illegal?
The missing consumer in health care helps explain the strange economics — and legal risks — of drug companies paying doctors.
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Housing Scapegoats Are Abundant. Starter Homes Are Scarce.
Blackstone offer a convenient target for public frustration. But a local push to “legalize starter homes” is doing the less theatrical work of increasing supply.
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Put Money on It? The Social Value of Prediction Markets
Prediction markets reveal which beliefs people are actually willing to risk money on — and generate valuable information in the process.
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•
GLP-1 Weight-Loss Drugs Keep Getting Cheaper: Thank Competition
Wegovy’s cash price has dropped 75 percent since 2021 as drugmakers compete directly for patients. When insurers stay out, manufacturers must win customers with lower prices. Competition is making better health more abundant.
-
•
Why Apartments in Tokyo Are So Much Cheaper Than in NYC
Tokyo houses millions more people than New York, with a surprisingly simple affordability formula: let people build more housing.
-
•
Libertarianism’s Critics Bury Another Straw Man
Libertarianism doesn’t signal approval of vice, nor does free trade ignore struggling communities. Indifference is not the only alternative to coercion.
-
•
Humility Is Civilization’s Price of Admission
A Canadian shop mailed me the hard-to-find part to save my wife’s old blender. How do prices help strangers cooperate on a scale no one can engineer?
-
•
Affordable Broadband is a Local Victory
Competition, deregulation, and innovation are giving consumers faster internet at lower prices.
-
•
Do You Know These 24 Underrated Economists?
A new collection celebrates 24 ‘Unsung Heroes’ of free-market thinking, bringing their important ideas into the spotlight.
-
•
The Food Revolution Nobody Planned
From food trucks to farmers’ markets and beyond, entrepreneurs — not policymakers — are finding new ways to feed people, create value, and deliver much more than just cheaper food.
-
•
What Makes Pharmaceutical Speaker Programs Illegal?
The missing consumer in health care helps explain the strange economics — and legal risks — of drug companies paying doctors.
-
•
Housing Scapegoats Are Abundant. Starter Homes Are Scarce.
Blackstone offer a convenient target for public frustration. But a local push to “legalize starter homes” is doing the less theatrical work of increasing supply.
-
•
Put Money on It? The Social Value of Prediction Markets
Prediction markets reveal which beliefs people are actually willing to risk money on — and generate valuable information in the process.