Regulation
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Deregulation of Consenting Adults
“The Woke need to wake up, look, and listen. America doesn’t want New Zealand’s criminalization of Covid but it should adopt its decriminalization of sex work, including outright prostitution.” ~ Robert E. Wright
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Marijuana Legalization: Corporate America Now Leading the Way
“Although government plays a role in confronting abuse, civil institutions have an even more important role in creating informal rules for drug use. We increasingly see this process at work, illustrating an important expansion of liberty in Americans’ lives.” ~ Doug Bandow
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Remdesivir and Lessons in Pandemic Drug Approvals
“At best, this can be a lesson to us all about pandemic drug approvals. But as noted we’ve had those lessons and they didn’t stick. Don’t expect this to have any impact, either.” ~ Michael Fumento
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The Misuse of Knowledge in Society: Intervention Means Prices are Lying
“Making prices less accurate and less reliable with well-intentioned but misguided controls compounds the problem. It leads to an even bigger pile of errors–a misuse of knowledge in society, in other words.” ~ Art Carden
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Markets Already Internalize Externalities
“What’s so fascinating about this instance is that the economist corps already knows this: markets internalize externalities – by land value, by selection, by trade-off along other margins that matter to people.” ~ Joakim Book
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The Year of Corporate Discontent
“If you thought things were crazy on the corporate scene over the last few years, you should check out what happened in 1970. It is the stuff of blockbuster books and movies.” ~ Robert E. Wright
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Nixonomics in Retrospect: Devaluation and Wage-Price Controls, August 15, 1971
“Many costly tax and other economic policy mistakes were made in the seventies, but the worst problems of the 1973-82 stagflationary era by far were the legacy of terrible monetary and regulatory blunders made in 1971.” ~ Alan Reynolds
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Are Big Companies Ripping Us Off?
“Politicians who benefit by pretending to ameliorate even the most minor complaints take action, regulate voluntary transactions, and affect how gains from trade can be distributed or even occur.” ~ Anthony Gill
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Teaching Introductory Economics
“Economics supplies indispensable mental habits and analytical tools for gaining a better understanding of why and how it is that each of us, every moment of every day, enjoy the fruits of the labors and creativity of literally billions of strangers.”~ Donald J. Boudreaux
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Energy Infamy: Nixon’s 1971 Price Controls Turn 50
“The 1970s stand as one of most grievous eras in the history of energy, and public policy in general. And it happened as a byproduct of a seemingly innocuous, temporary government intervention.” ~ Robert L. Bradley Jr.
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Deregulation of Consenting Adults
“The Woke need to wake up, look, and listen. America doesn’t want New Zealand’s criminalization of Covid but it should adopt its decriminalization of sex work, including outright prostitution.” ~ Robert E. Wright
-
•
Marijuana Legalization: Corporate America Now Leading the Way
“Although government plays a role in confronting abuse, civil institutions have an even more important role in creating informal rules for drug use. We increasingly see this process at work, illustrating an important expansion of liberty in Americans’ lives.” ~ Doug Bandow
-
•
Remdesivir and Lessons in Pandemic Drug Approvals
“At best, this can be a lesson to us all about pandemic drug approvals. But as noted we’ve had those lessons and they didn’t stick. Don’t expect this to have any impact, either.” ~ Michael Fumento
-
•
The Misuse of Knowledge in Society: Intervention Means Prices are Lying
“Making prices less accurate and less reliable with well-intentioned but misguided controls compounds the problem. It leads to an even bigger pile of errors–a misuse of knowledge in society, in other words.” ~ Art Carden
-
•
Markets Already Internalize Externalities
“What’s so fascinating about this instance is that the economist corps already knows this: markets internalize externalities – by land value, by selection, by trade-off along other margins that matter to people.” ~ Joakim Book
-
•
The Year of Corporate Discontent
“If you thought things were crazy on the corporate scene over the last few years, you should check out what happened in 1970. It is the stuff of blockbuster books and movies.” ~ Robert E. Wright
-
•
Nixonomics in Retrospect: Devaluation and Wage-Price Controls, August 15, 1971
“Many costly tax and other economic policy mistakes were made in the seventies, but the worst problems of the 1973-82 stagflationary era by far were the legacy of terrible monetary and regulatory blunders made in 1971.” ~ Alan Reynolds
-
•
Are Big Companies Ripping Us Off?
“Politicians who benefit by pretending to ameliorate even the most minor complaints take action, regulate voluntary transactions, and affect how gains from trade can be distributed or even occur.” ~ Anthony Gill
-
•
Teaching Introductory Economics
“Economics supplies indispensable mental habits and analytical tools for gaining a better understanding of why and how it is that each of us, every moment of every day, enjoy the fruits of the labors and creativity of literally billions of strangers.”~ Donald J. Boudreaux
-
•
Energy Infamy: Nixon’s 1971 Price Controls Turn 50
“The 1970s stand as one of most grievous eras in the history of energy, and public policy in general. And it happened as a byproduct of a seemingly innocuous, temporary government intervention.” ~ Robert L. Bradley Jr.