Fines Are Preferable To Imprisonment

Economy Is The Art Of Making The Most Of Life.

I Was Not Sympathetic To The Assumption That Criminals Had Radically Different Motivations From Everyone Else.

I Argued Last Year On My Shared Blog That Selling The Right To Immigrate Would Be The Best Approach To Legal Immigration. Among Other Benefits, The Revenue From Immigrants' Payments Could Reduce Taxes. Paying For The Right To Immigrate Would Also Negate The Argument That Immigrants Get A Free Ride When They Gain Health Care And Other Benefits. Moreover, Making Immigrants Pay Would Attract The Type Of Immigrants Who Came Much Earlier In American History: Young Men And Women Who Are Reasonably Skilled And Want To Make A Long-term Commitment To The United States.

A Stronger Yuan Could Lead To Greater Chinese Asset Accumulation In The U.s. And Elsewhere.

I Am Saying That The Economic Approach Provides A Valuable Unified Framework For Understanding All Human Behaviour