Category archive: Private Sector

By Chuck Rogér In 1994, Newt Gingrich complained vigorously about a Democrat-controlled Congress’s fiscal irresponsibility. Representative Gingrich led a successful campaign by Republicans to take over the House and Senate in the 1994 Election. At the heart of the Republican game plan was the Contract with America, a key element of which was the Fiscal [...]

The free market inspires behavior that government cannot legislate

Psychonomics 101: No government can force humans to behave “fairly” toward one another. But allowed to develop mutually-interdependent relationships, humans figure things out on their own. In the journal Science, researchers report that economic markets draw out the fairest behaviors in people dependent on one another within those markets. Specifically, a market requires than in [...]