Daily Economy
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Why No Shortages in Canada as Compared with the U.S.?
In contrast to Canada, which has no national restrictions against price gouging, 39 American states now have stringent laws or executive orders against raising prices during emergencies.
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We Would Not Be Better Off With Medicare for All
Just because people would have health insurance does not mean they would receive health care when they need it most. In countries where everyone is covered by national insurance, the shortages are just as bad as in the U.S., if not worse.
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Disease and the Unconstrained State
If we alter the constraints and powers of political actors as a result of reasoning in an institutional vacuum, we may be giving to political actors things they wanted regardless of the crisis. In the long-run, it will come at a cost.
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Earth Day 50 Years Later
While environmental quality has been enhanced markedly, the presence of command-and-control has made the environmental journey slower and more costly than it might have been otherwise.
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Washington Motto: Spend During Good Times and Spend Even More During Bad Times
According to the empirical evidence, there is little doubt that large government debt has a negative, and in many cases an increasingly worsening, impact on the growth potential of a debt-burdened economy.
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Socialists and their Silly Stories
My dear friend Roger Meiners, Professor of Economics at the University of Texas-Arlington, tells of a former colleague of his whose interpretation of reality should teach us all an important lesson. Roger’s colleague, a devout Marxist, once announced that the always-full shelves at American supermarkets are evidence that capitalism is failing. You read that right:…
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We Don’t Need a Cure to Reopen
I hope someday soon we will once again be having very rational yet vigorous discussions about the fundamental issues related to the liberal principles of justice and political economy, and we can point to the resiliency and ingenuity of a free people even in the face of adversity as one of the main arguments in…
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•
Innovation and the Trouble with the Precautionary Principle
Policies that frown upon entrepreneurial risk-taking actively disincentivize the building of new and better things. We must remove political barriers to productive entrepreneurialism or else we will never get back to being the builders we once were.
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•
Why Politicians Focus on Trivia in the Midst of Disaster
Why would a city, short of tax money in a crisis, pay an enormous sum to disable a public space from being used by the citizens who paid for it? Because the city can do nothing about the virus.
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Good Riddance to Recycling Trucks
I was pleasantly surprised that curbside recycling has been suspended–for explicitly environmental and epidemiological reasons. Maybe curbside recycling is gone for good, which would free up resources that would then be available to expand the kinds of operations that actually help the environment.
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•
Why No Shortages in Canada as Compared with the U.S.?
In contrast to Canada, which has no national restrictions against price gouging, 39 American states now have stringent laws or executive orders against raising prices during emergencies.
-
•
We Would Not Be Better Off With Medicare for All
Just because people would have health insurance does not mean they would receive health care when they need it most. In countries where everyone is covered by national insurance, the shortages are just as bad as in the U.S., if not worse.
-
•
Disease and the Unconstrained State
If we alter the constraints and powers of political actors as a result of reasoning in an institutional vacuum, we may be giving to political actors things they wanted regardless of the crisis. In the long-run, it will come at a cost.
-
•
Earth Day 50 Years Later
While environmental quality has been enhanced markedly, the presence of command-and-control has made the environmental journey slower and more costly than it might have been otherwise.
-
•
Washington Motto: Spend During Good Times and Spend Even More During Bad Times
According to the empirical evidence, there is little doubt that large government debt has a negative, and in many cases an increasingly worsening, impact on the growth potential of a debt-burdened economy.
-
•
Socialists and their Silly Stories
My dear friend Roger Meiners, Professor of Economics at the University of Texas-Arlington, tells of a former colleague of his whose interpretation of reality should teach us all an important lesson. Roger’s colleague, a devout Marxist, once announced that the always-full shelves at American supermarkets are evidence that capitalism is failing. You read that right:…
-
•
We Don’t Need a Cure to Reopen
I hope someday soon we will once again be having very rational yet vigorous discussions about the fundamental issues related to the liberal principles of justice and political economy, and we can point to the resiliency and ingenuity of a free people even in the face of adversity as one of the main arguments in…
-
•
Innovation and the Trouble with the Precautionary Principle
Policies that frown upon entrepreneurial risk-taking actively disincentivize the building of new and better things. We must remove political barriers to productive entrepreneurialism or else we will never get back to being the builders we once were.
-
•
Why Politicians Focus on Trivia in the Midst of Disaster
Why would a city, short of tax money in a crisis, pay an enormous sum to disable a public space from being used by the citizens who paid for it? Because the city can do nothing about the virus.
-
•
Good Riddance to Recycling Trucks
I was pleasantly surprised that curbside recycling has been suspended–for explicitly environmental and epidemiological reasons. Maybe curbside recycling is gone for good, which would free up resources that would then be available to expand the kinds of operations that actually help the environment.