Topic: Regulation

When It Comes to Big Tech and Monopoly Power: Patience is a Virtue, Antitrust is a Vice

– March 25, 2023

“Whether it’s Lina Khan at the FTC or Sens. Amy Klobuchar and Elizabeth Warren in Congress, antitrust advocates should take a hard look in the mirror. The only true monopoly within the US marketplace is where these politicians are fulfilling their posts.” ~ Kimberlee Josephson

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Do Not Tarry In Eliminating Tariffs and Other Protectionist Measures

– March 25, 2023

“Like Adam Smith, I’d prefer that trade be liberalized gradually as opposed to not at all. But perhaps unlike him, if I were put in front of a button to eliminate immediately all species of economic protectionism, I’d press it with gusto.” ~ Donald J. Boudreaux

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DC’s Dim-Witted Lightbulb Moment

– March 24, 2023

“In Mercantilist Europe, and in the ever-murkier swamps of Washington, DC, cozy relations between industry and government result in such price-fixing contrivances and anti-public conspiracies being issued by regulation as well.” ~ Laura Williams

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Who Owns Alexander Hamilton?

– March 22, 2023

“Perhaps the most important thing to understand about Alexander Hamilton today, however, is that he did not, repeat, did not, espouse massive government, militarism, or protective tariffs.” ~ Robert E. Wright

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Some Buttons That I’d Not Push, and Some That I Would Push

– March 20, 2023

“There are, undoubtedly, still other unwise government interventions that I would wish to eliminate, but that I would also not willingly push a button to eliminate immediately. But there are buttons I would push.” ~ Donald J. Boudreaux

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Minimum Wage Hurts Whom It Claims to Help

– March 19, 2023

“Being able to work, and feel productive, is an important part of the social aspect of our economy. Service jobs are disappearing fast enough, without having the process accelerated by misguided support for increasing the minimum wage.” ~ Michael C. Munger

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FDIC: No Savior Then or Now

– March 19, 2023

“It is not clear that some sort of enhanced stockholder liability has yet returned to the Overton Window, but it is possible that Americans will point out the hypocrisy of the Biden administration’s raising taxes on the rich with one hand while bailing them out with the other.” ~ Robert E. Wright

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How Ethical Consumption Emboldens Certification Systems and Rent Seeking Agencies

– March 18, 2023

“What is most worrisome about Fair Trade is that it normalizes producer practices according to what is approved by certifiers, and takes away producer choice in terms of business conduct.” ~ Kimberlee Josephson

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The Dark Magic of Promotio Competitio

– March 17, 2023

“There is no point in struggling if there is no end to be achieved. Promotio Competitio should be relegated to the corner of forbidden, dark magic. Instead, I suggest we embrace Freedom Protecto and Celebratio Successio.” ~ Robertas Bakula

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Bottle Rockets and Falling Skies: How SVB Crashed and Why It’s Not the End of the World

– March 17, 2023

“Their failure to take steps to hedge against imminent deflationary policy was grossly negligent, and ultimately unlikely to be repeated by bank managers whose responsibilities extend beyond a specific boutique market.” ~ Tarnell Brown

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What the US Can Learn From Taiwan’s Success in Chip Manufacturing

– March 16, 2023

“Taiwan’s semiconductor companies succeeded not because of grants and subsidies, but from their ability to innovate and respond to the pressures of a competitive market.” ~ Larisa Jacono

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What Reich Gets Wrong about the Kroger-Albertsons Merger and What He Misses Completely

– March 14, 2023

“The Kroger-Albertson deals should be defended, not debated, and assertions by academics on industry matters should be met with serious skepticism.” ~ Kimberlee Josephson

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