• Regulation

Most people agree that some rules are necessary for markets to work. But what rules do we really need? And how can we make sure they do not become too much of a burden on businesses and consumers?

We are liable for ourselves: Scrap negligence law and encourage self-insurance
Julian MorrisMarch 6, 2002The Australian

The headlines beggar belief: Insurance giant collapses; Doctors driven to the brink of bankruptcy; Amateur...

Economics & Ethics: The Dispute and the Dialogue
Samuel GreggNovember 2, 1999OP71

The relationship between economists and religious thinkers is often acrimonious. In this Occasional Paper, an...

How Markets Work: Disequilibrium, Entrepreneurship and Discovery
Israel KirznerOctober 12, 1999OP64

Mainstream economic theory starts from the assumption of ‘equilibrium’, under which markets are perfectly competitive....

Taxi! Reinvigorating Competition in the Taxi Market
Jason SoonMay 5, 1999IA7

Taxis work well during off-peak periods on weekdays when it is not raining. In peak...

Why Small Business Is Not Hiring: Regulatory Impediments to Small Business Growth
Jason SoonFebruary 10, 1999IA6

Small business makes an important contribution to the Australian economy, accounting for 42 percent of...

The Social Roots of Prosperity
Brigette BergerAugust 30, 1995OP55

It is a great honour to have been invited to give the 1995 John Bonython...

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