All Posts Tagged With: "barter"

The True Price of a Hybrid

Prices are amazing. They are only little numbers, but they are so very useful. An economist will tell you that prices are the relative scarcities of items measured in monetary terms. The average businessman, if he ever really thinks about them, might say that they indicate which resources to use and which to avoid. Prices [...]

1Sep2007 | Paul Cwik | 5 comments | Continued

The Economic Fantasy of “Star Trek”

Gardner Goldsmith (ELGGRANDE@msn.com) is an independent journalist and screenwriter in New Hampshire. A friend of mine is an award-winning science-fiction novelist. When we first met, I happened to mention to him that I was working on a science-fantasy novel, just as he was. He bristled. “I write science-fiction, not fantasy,” he said. “Those two genres [...]

1Dec2004 | P. Gardner Goldsmith | 19 comments | Continued

A Museum You Don’t Want to Miss

More than 150 years ago Karl Marx predicted that communism was inevitable. History, he claimed, was marching inexorably toward a communist paradise. In hindsight it would appear that if anything about communism was inevitable, it was that it would sooner or later be relegated to the status of museum relic. In the capital city of a formerly communist country in eastern Europe, that’s exactly what has happened.

1Mar2004 | Lawrence W. Reed | 1 comment | Continued
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