Regulation

Tuesday, December 11th, 2018

The rest of us are caught between two brands of ideological fanaticism that begin in a bad idea, deploy government power to realize the goal, and end as a grave threat to liberty and property.

Friday, December 7th, 2018

Inconsistencies are visible when politicians claim that war is the best way to peace, and when they admit that prohibition of alcohol failed in the 1930s even as they insist that the prohibition of drugs today will somehow work.

Tuesday, December 4th, 2018

It’s one of the most puzzling claims of the pro-regulation ideology: food makers and sellers have a weak incentive to make sure their food is safe for consumption. The briefest look at the dynamics of this food panic reveals the opposite.

Tuesday, December 4th, 2018

Nowhere has our public discourse failed us more egregiously than on the environment and climate change.

Wednesday, November 28th, 2018

What is needed is a much smaller government so that free individuals can be freer to make more of their own decisions in guiding their own lives rather than a big government with an “imperial” president arrogantly attempting to command and control them.

Monday, November 26th, 2018

But despite the campaigners’ enthusiasm for the idea, smokers are known for not smoking fewer cigarettes when prices rise. Instead, they either ignore the hikes or find different ways to get their hands on nicotine products — and that includes resorting to the black market.

Monday, November 19th, 2018

All the essential tools for making clothing super white have been deprecated, mostly by government regulations.

Thursday, November 15th, 2018

A new NBER working paper uses bank-level financial and county-level agricultural data to show how risky lending might amplify the boom and bust.

 

Friday, November 9th, 2018

Tuesday’s outcome was good for the freedom to consume and not to be jailed for your consumption choices.

Sunday, October 28th, 2018

When people think about Halloween, they think about candy, children in costumes, and scary decorations. I think about all these things too, obviously, but I find myself thinking also about sugar subsidies.

Thursday, October 18th, 2018

A federal job guarantee would be monumentally expensive, return only limited value from the participants’ work, entail administrative challenges nearly impossible to solve, and be potentially disastrous for economic growth and the private labor market.

Tuesday, October 16th, 2018

"It seems almost impossible to rein in government. It keeps growing in size and scope in one direction after another. Why? And is there any way to reverse it?" ~ Richard Ebeling

Friday, October 12th, 2018

Google wasn’t truly afraid of reputational damage, as it reigns supreme as the top search engine online. What it feared was that this data-breach problem would put it face to face with Congress.

Thursday, October 11th, 2018

Government subsidies and regulations are usually a mess. Each rule or payment might have its own laudable goal in a vacuum. But in many industries, aided by politics and corporate lobbying, the laws pile up on each other, twisting markets until economic logic seemingly doesn’t apply.

Wednesday, October 10th, 2018

Markets do not fail so much as courage and imaginations do.

Wednesday, October 3rd, 2018

Many people assume that to raise wages, big companies must be dragged along by government policy. Amazon’s eye-opening announcement yesterday suggests otherwise.

Monday, October 1st, 2018

How many times have you had to hold your nose when voting for a candidate because you hate their views on some issues but agree with them on issues you find more important? This is the familiar problem of bundling.

Monday, October 1st, 2018

No matter how good legislators’ intentions are, and no matter how much money government spends, government “solutions” are very likely to fall short of solving most of the problems they’re sold as solving. Indeed, often the result is disastrous.

Tuesday, September 25th, 2018

The idea that Facebook will now have access to even more private information from its users may bother those who believe that what they disclose to a private organization should stay between the two of them, not between them and the government.

Monday, September 24th, 2018

Particular laws can be undesirable, and legislation often serves useful purposes. Nevertheless, legislation is not law. So the common habit of using “law” and “legislation” as synonyms sows much confusion.

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