Regulation
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AI Consciousness Could Become a Regulatory Moat
Incumbent AI firms may benefit from a regulatory regime in which machine consciousness is considered plausible but remains impossible to prove or disprove.
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Affordable Broadband is a Local Victory
Competition, deregulation, and innovation are giving consumers faster internet at lower prices.
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What Makes Pharmaceutical Speaker Programs Illegal?
The missing consumer in health care helps explain the strange economics — and legal risks — of drug companies paying doctors.
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When Government Separates Choices from Consequences
From tariffs to “free” public services, government policies routinely transfer the costs and consequences of individual choices onto someone else.
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The Airline Guide to Subjective Value
A full refund may balance an airline’s books, but it doesn’t make a stranded passenger whole. The difference illustrates one of economics’ most important insights: value is subjective.
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America Can’t Revive Manufacturing by Shunning Robots
America won’t outcompete China by restricting imports on robots. It will win by becoming the best place in the world to build and deploy them.
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Can Antitrust Regulators Learn to Trust Consumers?
Antitrust enforcement should preserve competition and respect consumer choice, not restrict both in pursuit of vague political goals.
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The Corporate Virtue Trap
Businesses are increasingly judged by ethical scorecards. But when virtue becomes a target, firms learn to optimize the metric — crowding out what actually matters.
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What Slaughtered Pigs Can Teach Us About Europe’s Wine Policy
There’s a senselessness to Europe’s attempt to manage wine supply and dictate prices that echoes the New Deal’s effort to alleviate poverty by destroying millions of pigs.
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Germany’s Auto Giant Is Losing the Race
German industrial icon Volkswagen has watched global rivals outpace it. EU mandates increasingly require automakers to prioritize bureaucrats targets over consumers.
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•
AI Consciousness Could Become a Regulatory Moat
Incumbent AI firms may benefit from a regulatory regime in which machine consciousness is considered plausible but remains impossible to prove or disprove.
-
•
Affordable Broadband is a Local Victory
Competition, deregulation, and innovation are giving consumers faster internet at lower prices.
-
•
What Makes Pharmaceutical Speaker Programs Illegal?
The missing consumer in health care helps explain the strange economics — and legal risks — of drug companies paying doctors.
-
•
When Government Separates Choices from Consequences
From tariffs to “free” public services, government policies routinely transfer the costs and consequences of individual choices onto someone else.
-
•
The Airline Guide to Subjective Value
A full refund may balance an airline’s books, but it doesn’t make a stranded passenger whole. The difference illustrates one of economics’ most important insights: value is subjective.
-
•
America Can’t Revive Manufacturing by Shunning Robots
America won’t outcompete China by restricting imports on robots. It will win by becoming the best place in the world to build and deploy them.
-
•
Can Antitrust Regulators Learn to Trust Consumers?
Antitrust enforcement should preserve competition and respect consumer choice, not restrict both in pursuit of vague political goals.
-
•
The Corporate Virtue Trap
Businesses are increasingly judged by ethical scorecards. But when virtue becomes a target, firms learn to optimize the metric — crowding out what actually matters.
-
•
What Slaughtered Pigs Can Teach Us About Europe’s Wine Policy
There’s a senselessness to Europe’s attempt to manage wine supply and dictate prices that echoes the New Deal’s effort to alleviate poverty by destroying millions of pigs.
-
•
Germany’s Auto Giant Is Losing the Race
German industrial icon Volkswagen has watched global rivals outpace it. EU mandates increasingly require automakers to prioritize bureaucrats targets over consumers.