Daniel Benjamin 02/20/2013
Property rights are essential for market exchange. The definition of those rights, their enforcement, and their transferability all help determine the extent of trade and the rate of economic development and wealth creation.
Daniel Benjamin 03/01/2012
Just as the market brought the bison to near extinction, so too has it brought them back from the brink.
Daniel Benjamin 06/10/2011
Waterborne diseases are responsible for 20 percent of deaths in children under the age of five. Microbes such as E. coli found in fecal matter cause diarrhea that kills by dehydrating its victims.
Daniel Benjamin 02/24/2011
Economist, n. a scoundrel whose faulty vision sees things as they really are, not as they ought to be. —after Ambrose Bierce
Daniel Benjamin 10/03/2010
In open-access settings, high quality resources are lucrative; yet keeping out potential entrants may be extremely costly.
Daniel Benjamin 06/01/2010
More than 30 years after the homeless garbage barge Mobro 4000 put recycling on the front pages, recycling remains a poster child for many who consider themselves environmentalists.
Daniel Benjamin 03/01/2010
By Daniel K. Benjamin