Rethinking Regulatory Capture
“Stigler concluded that regulatory agencies are captured by the firms they regulate. Still, ultimately, it is the regulated firms that become captured by the legislators and regulators who have the power to terminate their regulatory protections.” ~ Randall G. Holcombe
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Five Negative Consequences of Price Ceilings
“The public often supports price ceilings – support that would surely disappear if the public understood the basic economics of this harmful government intervention.” ~ Donald J. Boudreaux
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Harm Reduction Takes a U-Turn on Vaping
“If the pandemic taught us anything about public perceptions of risk, it is that we must empower individuals to make decisions to improve their own situation rather than making it for them.” ~ Yaël Ossowski
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Understanding “Underpaid” Workers
“Money ultimately comes from employees’ pockets, but they blame their employers instead of the government for reducing what they take home as a result. When workers say ‘I was robbed,’ they may be correct–but they finger the wrong suspect.” ~ Gary M. Galles
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There Ought To Be a Law, or at Least a Regulation.
“When the busybodies at the FDA picture the impacts of their new regulations, they imagine that these interventions will save lives, reduce health consequences, and protect Americans. They imagine only the results they want, not the way people actually behave.” ~ Laura Williams
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The Amtrak Abomination
“While trains are not especially good for the environment, many people assume they are ‘green,’ also allowing for some of the fake virtue signaling many American politicians seem to crave.” ~ Robert E. Wright
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Five Ways Minimum Wage Studies Fail
“We’d all do well to keep these five points in mind the next time we see a study touting that when it comes to the minimum wage there is, in fact, a free lunch.” ~ Caleb S. Fuller
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Are Cryptoassets The Great Scam?
“The regulations in the Lummis-Gillibrand Responsible Financial Innovation Act, made public on the same day as publication of Krugman’s article, are far more likely to provide a brighter future than prohibiting cryptocurrencies, stablecoins or other digital assets.” ~ Gerald P. Dwyer
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FDA Prevents Local Vape Businesses from Helping Smokers Quit
“The FDA and activist groups like the Campaign for Tobacco-Free Kids are obsessed with preventing teen vaping. This results in an ‘abstinence’ message that’s almost certain to fail, backed up by regulations to make access to vaping more difficult for the smoker trying to switch.” ~ Michael Graham
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Let Them Eat Breast Milk
“If you do have a full breast of milk, consider donating or selling it to starving babies, though perhaps not directly as wet nurses did in the days of old. It is still legal, for now, even in often crazy California to sell your milk.” ~ Robert E. Wright
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How Government Created the Baby Formula Shortage
“If the Biden administration is serious about addressing the baby formula shortage, they’d forget about ‘working around the clock’ and simply abolish the protectionist policies and regulations that are making it more difficult to purchase formula.” ~ Jon Miltimore
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Cronyism Makes the Baby Formula Shortage Worse
“When a recall or a shortage happens, parents would have far more options in a free market than in the current regulatory mess of cronyism and protectionism.” ~ Ryan Young
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