Showing posts with label regulation. Show all posts
Showing posts with label regulation. Show all posts
Thursday, December 12, 2024

Natural Economic Law Can't Be Repealed

›
If the government restricts supply and subsidizes demand, out-of-control prices, resource shortages, and unpleasant ad hoc coping restrictio...
Friday, September 06, 2024

TGIF: What Government Has Wrought

›
Imagine two candidates for president, and ask yourself who is more likely to win. Candidate A observes that people are facing generally risi...
Friday, October 20, 2023

TGIF: Extend Tolerance to Commerce

›
Perhaps you've noticed that we live in intolerant times. Many people claim to be endangered by the mere spoken or written expression of ...
Wednesday, April 01, 2020

Flunk the State!

›
Knowledgeable people (Bill Gates among them) had warned for years that governments were ill-prepared for serious pandemics. The US governmen...
Tuesday, May 21, 2019

The FDA's Continuing Assault on the Principles of Justice

›
Eddie Gray, the owner of the online pipe-smokers' boutique The Pipe Nook , reports in his latest YouTube video that the FDA has accused...
1 comment:
Wednesday, April 19, 2017

My Latest

›
My latest articles for the American Institute for Economic Research are: "Competition: Just What the Doctored Ordered" "Wh...
Friday, August 12, 2016

National Regulation of Amusement Parks Is Not What's Missing

›
The potential danger of amusement parks is not that they face state rather than national regulation. It's that people have been lulled b...
Friday, July 10, 2015

TGIF: Libertarian Strategy and Incremental Change

›
My first job in the libertarian movement, beginning in 1979, was as research director for the long-gone Council for a Competitive Economy (C...
5 comments:
Tuesday, November 11, 2014

Stop Those Who Would Stop Uber

›
The nerve of some people! Imagine coming to a city and doing business without first asking permission from local officials!  That’s what ...
Tuesday, April 01, 2014

GM: More Evidence against the Regulatory State

›
I've long said that government regulation gives people a false sense of security, which is worse than no sense of security at all. Lates...
4 comments:
Thursday, May 17, 2012

Op-Ed: JPMorgan Lesson: End Government Bank Guarantees

›
It’s widely believed that JPMorgan Chase’s recent $2 billion–plus loss proves we need the comprehensive banking regulation called for by ...
2 comments:
Friday, April 23, 2010

TGIF: The Washington-Wall Street Kabuki Dance

›
There’s something eerily ritualistic about the current occupant of the White House berating Wall Street for its irresponsibility and propo...
2 comments:
Tuesday, October 13, 2009

Missing the Point

›
Reporting on this year's Nobel Prize winners in economics, Elinor Ostrom and Oliver Williamson, the New York Times said : Neither Ms. Os...
Friday, June 05, 2009

TGIF: Regulation Red Herring

›
Most people believe that government must regulate the marketplace. The only alternative to a regulated market, the thinking goes, is an unre...
Friday, April 10, 2009

TGIF: Bad Regulation Drives Out Good

›
In 1969 economist Harold Demsetz identified an important flaw in much public policy analysis, the “Nirvana Fallacy.” We would do well to kee...
Monday, February 09, 2009

Syllogism

›
Government takes over regulation of an economic activity from the market process. Government regulation fails to prevent the bad it was inte...
1 comment:
Friday, December 26, 2008

More on the Madoff Case

›
The New York Times yesterday reported that stock-fraud prosecutions have gone down the last several years, implying that the Bush administr...
Wednesday, December 24, 2008

Madoff Scandal Exposes Government Failure

›
The common reaction to the Bernard Madoff $50 billion financial scam was wholly expected. As Los Angeles Times columnist Tim Rutten wrote, ...
1 comment:
Thursday, December 18, 2008

Heads They Win, Tails We Lost

›
Why is it that when the regulatory regime fails–see the Madoff fraud case–many people call for more regulation, but when markets (allegedly)...
1 comment:
Friday, October 03, 2008

The Pretense of Regulatory Knowledge

›
Advocates of the free market are sometimes parodied for their seemingly all-purpose answer to any problem: Let the market handle it . What ...
1 comment: