Archive for Gary M. Pecquet
Medical Technology and the State
So-called public-policy experts often take the many advances in modern technology for granted. They assume that government regulations and controls merely redistribute the fruits of progress without affecting the nature and extent of technological development itself. But that is wrong. Whenever the government involves itself in the financing and distribution of goods and services, the [...]
1May2002 | Gary M. Pecquet | 1 comment | ContinuedEnergy Economics with Eyes Open
Energy is a scarce resource. No one was ever able to have all the energy he wanted. It is neither free nor a gift of nature. Someone must spend labor, wealth, and time to find, produce, and use it. In short, energy is an economic problem. Of course, energy is a vital economic resource. It [...]
1Feb2002 | and Ashton J. Pecquet | 0 comments | ContinuedPrivate Property and Government Under the Constitution
The economic concept of private property refers to the rights owners have to the exclusive use and disposal of a physical object. Property is not a table, a chair, or an acre of land. It is the bundle of rights which the owner is entitled to employ those objects. The alternative (collectivist) view is that [...]
1Jan1995 | Gary M. Pecquet | 5 comments | ContinuedCrop Controls and Indian Raids in Colonial Virginia
Professor Pecquet teaches economics at Southwest Texas State University in San Marcos, Texas. The British colonized Virginia in 1607, and by 1612 they were growing tobacco. It soon became the colony’s major export. But heavy reliance upon tobacco proved troublesome for the Virginians. Small changes in the supply could produce large changes in tobacco’s price. [...]
1Feb1990 | Gary M. Pecquet | 0 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
