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.

Friday, August 10th, 2018

The $1.5 trillion student-debt crisis is ongoing but can certainly be mitigated if colleges, government, and students work together.

Wednesday, August 8th, 2018

Rent-seeking is a problem that those on the left should have to answer for whenever they propose extensive new regulations. But as President Trump's recent steel tariffs show, the problem knows no political ideology, and is an inevitable occurrence at the friction point between personal connections and power. The only way out, it would seem, would be to greatly reduce the very power to regulate.

Monday, August 6th, 2018

The direct and unavoidable result will be that all childbearing-age, low-income women are likely to pay for their potential absence from work through lower wages as employers will assume they will have to fill out for them when they take time off. There is no avoiding that.

Saturday, August 4th, 2018

How is it possible in a free market to use “too much” electricity to mine Bitcoin? The problem lies in the pricing in our electricity markets, and it isn’t going away anytime soon.

Thursday, July 26th, 2018

We need more markets, not more government, to discourage and prevent crime. One need not assume that unionized, militarized, and unpopular policemen are the only option for keeping the peace and keeping Americans safe.

Tuesday, July 17th, 2018

Reforming parking policy is an important local issue. Current politics encourages a general oversupply of parking and with it high parking costs per household as it sits empty.

Monday, July 16th, 2018

Unmanned Aerial Vehicles, commonly known as drones, are increasingly part of our urban landscapes. The number of drones employed for commercial use in the United States will surpass 420,000 in 2021, according to the US Federal Aviation Administration.

Saturday, July 14th, 2018

If we freed the market, tight labor markets would be the norm. The beautiful and empowering act of quitting (and moving on to something better) would be an expected feature of professional life.

Wednesday, July 11th, 2018

There’s plenty here to satisfy both union-hating conservatives and progressives decrying corporate greed. But the common element seems to be that friction point where big business or big labor meets big government — you know, the thing endowed with the wealth and power to hand out billions of dollars in contracts?

Tuesday, July 3rd, 2018

Thomas M. Hoenig warns that regulators are trying to run regulated businesses rather than police them.

Tuesday, June 26th, 2018

When you combine the evidentiary standards of the courtroom with the theoretical abstractions of the classroom, things get weird.

Tuesday, June 5th, 2018

Get ready, crypto community, because the czars are coming for you! On Monday, June 4, the Securities and Exchange Commission appointed Valerie Szczepanik to a new position: “associate director of the Division of Corporation Finance and senior advisor for digital assets and innovation,” known informally as the “crypto czar.”

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.