Topic: Research Briefs

Say It Ain’t So on Global Financial Regulation, Mr. President

– July 31, 2017

President Trump recently signed a G-20 statement that supports international regulation of U.S. financial institutions, something that flies in the face of his domestic political positions.

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Occupational Licensing Harms Consumers and Producers

– July 28, 2017

The Trump and Obama administrations agree on at least one point: occupational licensure harms Americans both as consumers and as producers.

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Initial Coin Offerings Going Way Beyond Small Change

– July 27, 2017

Trends in crowdfunding and cryptocurrencies are converging into a mechanism catapulting cash-poor young companies and fashioning a new financing landscape.

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What the Market Economy Really Is

– July 27, 2017

What is a market economy? We often talk about it as though it were a thing, perhaps a machine or a vehicle. Business reporters say it heats up or cools down. Sometimes it even gets stuck in a ditch. But it’s not a thing subject to heating or cooling or …

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The Future Is Now: Europe’s Power Market to Start Blockchain Trading This Year

– July 24, 2017

Some of Europe’s biggest electricity operators plan to start trading on a blockchain platform before the end of this year, although a collision with the European Union’s regulatory apparatus remains a possibility. E.ON, Enel, and Engie are among the co …

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Another Court Blow to Freedom

– July 17, 2017

The free market — indeed, a free society — is founded on individual rights, including the right to one’s justly acquired property. If the government’s rules regarding the use and disposal of property are “flexible,” a free society is doomed. 

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Counterrevolution: Bitcoin Startups Stifled by Regulation

– July 14, 2017

The American Revolution is still being fought, and the Washington-based administrative state is the biggest enemy.

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Market-Based Medical Care for All

– July 13, 2017

Uncertainty surrounding Obamacare and the Republican effort to reform its health-insurance rules has given an opening to those who want the government to be the sole payer of Americans’ medical bills.

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The Never-Ending Woes of State Enterprise

– July 12, 2017

History is something you can try to escape, but sometimes you can’t, as millions of train riders find out every day. They can’t escape Penn Station falling apart along with Amtrak, New York City commuter railroads, and the New York City subways. Every …

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Texans May Be Writing Gold-Backed Checks Early Next Year

– June 30, 2017

Texans’ writing checks as good as gold is just a few months from reality. In June, Texas state authorities selected the builder/operator and administrator for a depository that will store gold and other precious metals. The builder/operator, Austin-bas …

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The Minimum Wage: Bad for Low-Skilled Workers

– June 30, 2017

The movement to raise the national minimum wage to $15 an hour has suffered a blow with a new National Bureau of Economic Research working paper evaluating the recent experience in Seattle, Wash. The paper by Ekaterina Jardim and four other University …

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Separating Student Aid and Student Debt

– June 27, 2017

Borrowing for education has more than doubled in the last 20 years, from $42.6 billion for the 1995–96 school year to $106.8 billion in 2015–16, although that figure has fallen from the $124.2 billion peak in 2010–11 (all reported values in 2015 dollar …

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