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The Fallacies of Shrimp Protectionism
The U.S. shrimping industry must be thriving. Or so one would think. Only a generation ago, shrimp were all but considered a delicacy and came at a steep price, but today, fresh and frozen shrimp are...
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How the Shrimp Tariff Backfired
Entrepreneurs are not easily thwarted by government intervention. Sometimes entrepreneurs respond so creatively that they render the interventionist measure almost meaningless. A classic example of an...
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Is the Nursing Market Malfunctioning?
Studies of the nursing market forecast that the shortage will get worse in the coming years. But the real question is this: has something happened to the price mechanism in the market for nurses? To...
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