Policy
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Supply and Demand: As Straightforward as it Seems?
“It’s the entrepreneur’s dilemma—a kind of chicken-and-egg quandary that complicates the basic law of supply and demand. Consumers are in the driver seat, to be sure, helping steer resources to their most valued alternative uses.” ~ Paul Schwennesen
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No Place to Lay Your Head: How Economic Policy Makes Housing Unaffordable for Young Working Families
“There’s artificial scarcity in housing markets, but in that case it’s the planners themselves who put housing in such short supply – and at consequent high prices.” ~ H. Shelton Weeks and Victor Claar
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If You Had to Choose Between Affirmative Action and School Choice, Which Would You Choose?
“The opposition to school choice is mostly coming from those who already have more socio-economic success than the kids school choice is intended to help.’ ~ James E. Hanley
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Cash, Crime, Minimum Wage, and Unintended Consequences
“When a government policy is enacted, it often seeks to change individual behavior. But human beings are clever and will often respond to policy initiatives in ways that either counteract the initial policy’s goals or create new problems in other spheres.” ~ Anthony Gill
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The Affirmative Action Game
“The Equal Protection clause is inarguably textually neutral. To interpret equal protection for all as meaning extra protection for some requires some political heavy lifting that a strictly textual argument does not.” ~ James E. Hanley
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Canary in a Cigarette Smuggling Coal Mine
“Banning menthol cigarettes would only exacerbate America’s substantial trade in cigarette tax evasion and avoidance, this time with an assist from transnational crime syndicates.” ~ Michael LaFaive and Todd Nesbit
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Is There Any Such Thing as Legislation Anymore?
“With congressional opposition to a legislative approach clear, the Administration decided to work through the Department of Education to use the HEROES Act to accomplish administratively what they had been unable to do legislatively.” ~ Ryan Yonk and Laura Arce
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No, Joe, There is No Such Thing as a “Fair Share” of Taxes
“Tax rates are largely politically motivated and arbitrarily chosen, and stacked with exemptions and penalties to help incentivize behaviors favored by the politicians writing the voluminous tax code. Regardless of the rates, there is no ‘fairness’ to be achieved.” ~ Brian Balfour
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Pentagon Corrects “Accounting Error.” As Always, the First Casualty of War is the Truth
“Why has the Pentagon flipped? Obviously, the Pentagon initially wanted to exaggerate the amount of aid being given to Ukraine. ” ~ Clifford Thies
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I See Dead Policies
“Firms can do anything they want. Just as long as they don’t charge a price that’s more than consumers think they should have to pay, the same as competitors, or less than other firms can match.” ~ Michael Munger
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•
Supply and Demand: As Straightforward as it Seems?
“It’s the entrepreneur’s dilemma—a kind of chicken-and-egg quandary that complicates the basic law of supply and demand. Consumers are in the driver seat, to be sure, helping steer resources to their most valued alternative uses.” ~ Paul Schwennesen
-
•
No Place to Lay Your Head: How Economic Policy Makes Housing Unaffordable for Young Working Families
“There’s artificial scarcity in housing markets, but in that case it’s the planners themselves who put housing in such short supply – and at consequent high prices.” ~ H. Shelton Weeks and Victor Claar
-
•
If You Had to Choose Between Affirmative Action and School Choice, Which Would You Choose?
“The opposition to school choice is mostly coming from those who already have more socio-economic success than the kids school choice is intended to help.’ ~ James E. Hanley
-
•
Cash, Crime, Minimum Wage, and Unintended Consequences
“When a government policy is enacted, it often seeks to change individual behavior. But human beings are clever and will often respond to policy initiatives in ways that either counteract the initial policy’s goals or create new problems in other spheres.” ~ Anthony Gill
-
•
The Affirmative Action Game
“The Equal Protection clause is inarguably textually neutral. To interpret equal protection for all as meaning extra protection for some requires some political heavy lifting that a strictly textual argument does not.” ~ James E. Hanley
-
•
Canary in a Cigarette Smuggling Coal Mine
“Banning menthol cigarettes would only exacerbate America’s substantial trade in cigarette tax evasion and avoidance, this time with an assist from transnational crime syndicates.” ~ Michael LaFaive and Todd Nesbit
-
•
Is There Any Such Thing as Legislation Anymore?
“With congressional opposition to a legislative approach clear, the Administration decided to work through the Department of Education to use the HEROES Act to accomplish administratively what they had been unable to do legislatively.” ~ Ryan Yonk and Laura Arce
-
•
No, Joe, There is No Such Thing as a “Fair Share” of Taxes
“Tax rates are largely politically motivated and arbitrarily chosen, and stacked with exemptions and penalties to help incentivize behaviors favored by the politicians writing the voluminous tax code. Regardless of the rates, there is no ‘fairness’ to be achieved.” ~ Brian Balfour
-
•
Pentagon Corrects “Accounting Error.” As Always, the First Casualty of War is the Truth
“Why has the Pentagon flipped? Obviously, the Pentagon initially wanted to exaggerate the amount of aid being given to Ukraine. ” ~ Clifford Thies
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•
I See Dead Policies
“Firms can do anything they want. Just as long as they don’t charge a price that’s more than consumers think they should have to pay, the same as competitors, or less than other firms can match.” ~ Michael Munger