Regulation

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.

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. 

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