Regulation

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.

Monday, September 17th, 2018

You have to travel around a bit to discover the astonishing way the dockless electric scooter has transformed urban life in America.

Friday, September 14th, 2018

"Government and lobbying power can slow down the pace of change but they won’t stop progress." ~ Chloe Anagnos 

Thursday, September 13th, 2018

E-cigarettes certainly carry with them some complicated health problems. But in terms of getting a big, flashy regulatory win, they are far less complicated than many arguably more dangerous products whose sellers have both deeper pockets and connections within government.

Monday, September 10th, 2018

"Giving judges discretion over sentencing helps the individual under review, society as a whole, and the taxpayer, who won’t have to financially support yet another nonviolent convict for decades into the future. But most importantly, it helps to lessen the burden that the drug war has placed on the shoulders of people of color." ~ Chloe Anagnos

Tuesday, August 28th, 2018

Fans will be fans. Peanut galleries will always be with us. It’s entertainment, and a major reason why we actually like sports, music, and books. Everyone is a critic. That’s all fine. But let’s not forget the profound difference between those who do and those who pretend to do, nor the difference between those whose wealth rests on creativity and human volition and those who bully others to get their way.

Friday, August 17th, 2018

Government bans are polarizing, constrain peoples’ behavior rather than changing it, must be enforced, and can be manipulated by corporate interests.

Monday, August 13th, 2018

I understand why people often fear freedom or the consequences of breaking the rules, and thus acquiesce to government restrictions on their freedoms. But I fear that we have gone too far in this timid and cowardly compliance. So long as everyone respects everyone else's rights, we should have permissionless consumption (foreign and domestic), permissionless employment, permissionless entertainment, and permissionless everything and anything that's peaceful.

Sunday, August 12th, 2018

Hard caps can seem like a tantalizingly easy way to “protect” both incumbent drivers and New Yorkers facing grinding traffic, but a close look at those caps questions just how effective they can be at their stated goals. And the issues facing both groups illuminate underlying problems with no easy regulatory fix.

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