053 Deregulating Cherry Pie
How many cherries should there be in a cherry pie?
Who should decide? Manufacturers? Industry governing boards? Government?
Does the free market or government experts do a better job determining this?
052 NCAA Rules Gone Wild
Is it surprising the NCAA finds rules violations on a campus they investigate?
What happens when we get too many rules?
Why do some think we need more regulations by Washington?
051 Restraining Monopolies
What controls monopolies from taking advantage of consumers?
Does government regulation restrain them, or actually create monopolies?
050 Scarcity
Have we overcome the problem of economic scarcity?
Aren’t the quantity and variety of goods available on American grocery store shelves proof of this?
What does economic scarcity really mean?
049 The Nature of Capital
What makes an item capital rather than merely a consumer good?
What is circulating capital?
How does government manipulation of interest rates send false signals to businesses?
What are the consequences of these false signals?
048 Inflation
Is inflation an expected rise in general prices?
Is that what is always meant?
Dr. Cleveland explains the myth about the meaning of inflation.