IPI Policy Basics: A Primer on Price Controls (Audio: Podcast)
Resident Scholar Dr. Merrill Matthews explains how government price controls distort price signals and thus cause distortions in markets, which harm competition, innovation, and consumer choice.
IPI Policy Basics: The Knowledge Problem (Audio: Podcast)
IPI President Tom Giovanetti explains the important policy concept of F.A. Hayek’s “knowledge problem” from his 1947 essay “The Use of Knowledge in Society” and its relevance to policy, central planning, and humility in government.
IPI Policy Basics: No One Knows How to Make a Pencil (Audio: Podcast)
IPI President Tom Giovanetti explains the famous 1958 policy essay “I, Pencil” by Leonard Read, and its clever illustration of the superiority of voluntary economic cooperation over top-down central planning.
IPI Policy Basics: Why Prescription Drug Importation Is a Bad Idea (Audio: Podcast)
Importing drugs from other countries was first embraced by Democrats and now by some Republicans as a way of lowering Americans’ drug spending. But if there’s such a great demand, why has it never worked when implemented at scale? And why won’t anyone take FL Governor Ron DeSantis’ $30 million offer for a company to implement it in Florida? Hint: It might have to do with Medicare Part D, generic drugs, and the danger of counterfeiting.
IPI Policy Basics: The Broken Window Fallacy (Audio: Podcast)
IPI President Tom Giovanetti discusses the “broken window fallacy,” and three key lessons it teaches us about how to think about policy.
IPI Policy Basics: Five Key Turning Points in the Quest for US Energy Independence (Audio: Podcast)
Resident Scholar Dr. Merrill Matthews explains the five key turning points that have shaped US energy independence, going back to “peak oil” and the shortages of the 1970s, to the fracking revolution and US oil exports. Part of our IPI Policy Basics audio reference library.
Total Records: 56
