One of the easiest ways to become an entrepreneur is to rent out space in your home, or use your car as a taxi. Airbnb. Airbnb makes it possible for just about anyone to convert their spare space into a bed and breakfast, and start welcoming travelers to their humble abode – something that can really make a difference for city dwellers struggling with the rising cost of living. But hotels have lost business, which has reduced tax revenues for many communities. More

Do you own a Samsung Galaxy Note 7, or perhaps a Honda with a Takata airbag? Here are four historic recalls. More

I am amazed when I read about CEOs who are paid 10s of millions or even over $100 million dollars. Are they really worth that much? I consider myself a free market economist, so I would never deny them the right to earn that much if someone is willing to pay them, but I confess I wonder how their salaries can be justified. More

The United States is deep into the 2016 political season. We are bombarded with promises about tax cuts and spending increases. Who should we believe? Which proposals are the best for the economy? The solution is very complex, and there are very bright economists that differ on the best solution. Some argue that increasing government spending advances economic growth by redistributing income to people who are more likely to spend it. More