Test Your Free-Market Knowledge . . . yes, it’s a quiz.

Conservative?. . . Professor Stephen Davies of the Institute of Economic Affairs explains why you should be a libertarian too.

Liquidating Santa Claus . . . What happens now that soaking the rich doesn’t come close to paying the bills?

Housing Recovery . . . Doug French argues that a return to the boom (artificial and malinvested as it was) is not the recovery we should be looking for.

Is price as good as a magic genie?. . . Almost. Professor Michael Munger of Duke University explains why.