Articles from Max Gulker
Students don’t learn enough economics, neither as a subject nor as a way of thinking across the curriculum. AIER was proud to co-sponsor and partner on an event last week with two organizations working to change that fact: the Foundation for Teaching Economics (FTE), and the Economic Education Center at Lindenwood University’s School of Education in St. Charles, Missouri.
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.
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.
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?