Regulation

Friday, May 25th, 2018

After two decades of working toward solutions to the problem of email spam, government just caused the worst flurry in years – by mandate.

Tuesday, May 1st, 2018

A recent NBER paper calls into question the standard narrative of the financial crisis.

Wednesday, April 25th, 2018

The choice between virtue and vice is a human choice. Relying on the government to make this choice for us disables the social order’s internal mechanisms for bringing about and rewarding responsible behavior. It seems like a paradox, but it is true: The only path toward restoring sanity in teenage drinking is greater liberty. Arresting kids and bartenders on the typical Friday evening does nothing to solve the problem and even makes matters worse.

Tuesday, April 10th, 2018

Bizarre prescription drug names emerge from the perfect storm that can only be created when complex government regulation, big corporations, and high-priced consultants come together.

Friday, February 16th, 2018

The reason I think significantly tighter gun laws would be a fool’s errand can be summed up in four words: the War on Drugs.

Thursday, February 15th, 2018

If there is one entity this article can definitively criticize, it is the DOJ itself. In both the current AT&T/Time Warner matter and the NBCU/Comcast merger it allowed with numerous conditions in 2011, it relied on economic logic that can be called into question and mathematical models that were intended to formalize broad concepts in an academic setting, not predict the future with enough precision to provide grounds to approve or block multibillion-dollar mergers.

Sunday, February 4th, 2018

Trump’s decision to declassify this memo is a great start. Declassify more. Declassify it all. What will we discover? We will find the great myth of the modern age – that government can be neutral, public spirited, and full of non-stop integrity – completely refuted. Government is not really about service to others; it’s about using power to get your way at public expense. It sets up a tragic choice for everyone involved: use the system or get used by it. There are better ways to go about organizing society.

Tuesday, January 16th, 2018

Markets breed integrated communities. Go to any large city with a heterogeneous population (New York, Miami, Atlanta) and you see it in the everyday business life of the city. Commerce is what breaks down prejudicial barriers and brings people together. Deregulation in every area – from labor to immigration to medical provision to land use to marriage regulation – is the best-possible anti-racism policy. This emancipationist agenda will go much farther to stamp out racism than policing politicians and their silly pronouncements.

Monday, January 15th, 2018

We’ve fought too long and too hard against government encroachments to accept the slightest compromises to the firm principle of the freedom of speech. Trump’s threat is not about protecting truth against lies; it’s about government control over speech so that people who criticize the regime can be forced into silence.

Sunday, December 31st, 2017

The last time I was in D.C. (last month) something struck me as never before. The entire place is premised on the idea that what is awesome about life is entirely physical. Massive buildings. Huge stone and marble columns. Real estate. Monuments. Everything in this not-normal city is about gigantic, imposing, intimidating structures. It's all about place and power over place. You can drive block after block and observe nothing but unimaginative and scary buildings with uniform windows. Honestly, it is awful, dreary, and...old fashioned. 

Thursday, August 23rd, 2012
Simon Johnson has a piece at Bloomberg today that urges the Romney/Ryan ticket to make reining in the big banks a
Friday, April 6th, 2012

Well, they do still have to honor siesta...

Friday, March 2nd, 2012

Remember how every bank under my supervision failed? That's why I need more power.

Tuesday, August 2nd, 2011
It is not from 
the malevolence of the taxman, the regulator, or the central banker that we expect to lose our 
dinner, but from their regard to their own interest and the inevitable produce of their institutions[1].
Wednesday, March 16th, 2011
"Financial regulation may be the cleanest test of regulation in general, in the sense that if regulation works anywhere, it should work in the financial sector.

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