Almost Everything We're Taught Is WrongBy John StosselAug. 25, 2011 |
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We grow up learning that some things are just bad: child labor, ticket scalping, price gouging, kidney selling, blackmail, etc. But maybe they're not. What I love about economics is that it can show that what seems harmful is actually good for society. It illuminates what common sense overlooks. This was the subject of my Fox Business show last week. It was inspired by the eye-opening book "Defending the Undefendable" by economist Walter Block. Most people call child labor an unmitigated evil. But my guests, David Boaz of the Cato Institute and Nick Gillespie of Reason.tv, said that's wrong. Read More |