Daily Economy
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Facebook Hearings Reveal How Government Regulations Work
Right now, Facebook faces massive competition from other platforms in social media, copycats, and alternative uses of people’s time. In some ways, it’s the best possible moment to call on government to institutionalize Facebook as a form of public utility. That might actually be the end game that Zuckerberg has in mind. Then the politicians…
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New York Opts for Congestion over Pricing
In choosing to put off implementing tolls, policymakers have decided that addressing New York City’s congestion isn’t worth challenging those vested in the transportation status quo.
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Small-Business Optimism Ticked Down in March but Remains High; Quality of Labor Remains the Most Important Problem
The small-business-optimism index from the National Federation of Independent Business fell in March but the result extends a run of 16 consecutive months above 100, a very high level by historical comparison. A significant concern among small businesses is the declining quality of the available labor force, particularly in the context of an already tight…
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Government Regulation Causes Prescription Drug Names to Keep Getting Weirder
Bizarre prescription drug names emerge from the perfect storm that can only be created when complex government regulation, big corporations, and high-priced consultants come together.
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5 Reasons Why Economics Deserves STEM Recognition
Economics is part of the social sciences, as it studies human behavior. But economists employ mathematics at a fundamental level, from developing models and projections to communicating findings.
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Something to Celebrate: New CAFE Regulations
The car was the foundation of the second industrial revolution. Encroaching government regulations are robbing it of its future. We once dreamed of a flying car. The regulators are putting us in the position of just dreaming about returning to the glory days of the 1970s. That’s just pathetic.
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Your Signature No Longer Matters
The personal signature has a notorious history: J.S. Bach’s on his compositions, the founding fathers on the Declaration of Independence, Picasso on his paintings, and the president’s today on executive orders. Creating your own was a right of passage. With credit card companies admitting the obvious that it does nothing to verify your identity, does…
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The “Assault Weapons” Farce
Many law-abiding Americans rely on firearms classified as “assault weapons” for self-defense. It’s unacceptable to base policy decisions on raw emotions just because of a firearm’s menacing appearance.
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Two Trade Wars: 1807 and 2018
The legal uncertainties surrounding trade with China have sent people looking for historical precedent for this mess. One jumps out: the targeted trade embargo that the US imposed against Britain in 1807. Let’s look at the parallels and lessons.
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Dollarization the Cure to Venezuela’s Hyperinflation
In Ecuador, for instance, the 1999 dollarization has brought economic stability, kept inflation at bay, and even neutralized the effects of plenty of misguided policies introduced by former President Rafael Correa, a Maduro ally.
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•
Facebook Hearings Reveal How Government Regulations Work
Right now, Facebook faces massive competition from other platforms in social media, copycats, and alternative uses of people’s time. In some ways, it’s the best possible moment to call on government to institutionalize Facebook as a form of public utility. That might actually be the end game that Zuckerberg has in mind. Then the politicians…
-
•
New York Opts for Congestion over Pricing
In choosing to put off implementing tolls, policymakers have decided that addressing New York City’s congestion isn’t worth challenging those vested in the transportation status quo.
-
•
Small-Business Optimism Ticked Down in March but Remains High; Quality of Labor Remains the Most Important Problem
The small-business-optimism index from the National Federation of Independent Business fell in March but the result extends a run of 16 consecutive months above 100, a very high level by historical comparison. A significant concern among small businesses is the declining quality of the available labor force, particularly in the context of an already tight…
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•
Government Regulation Causes Prescription Drug Names to Keep Getting Weirder
Bizarre prescription drug names emerge from the perfect storm that can only be created when complex government regulation, big corporations, and high-priced consultants come together.
-
•
5 Reasons Why Economics Deserves STEM Recognition
Economics is part of the social sciences, as it studies human behavior. But economists employ mathematics at a fundamental level, from developing models and projections to communicating findings.
-
•
Something to Celebrate: New CAFE Regulations
The car was the foundation of the second industrial revolution. Encroaching government regulations are robbing it of its future. We once dreamed of a flying car. The regulators are putting us in the position of just dreaming about returning to the glory days of the 1970s. That’s just pathetic.
-
•
Your Signature No Longer Matters
The personal signature has a notorious history: J.S. Bach’s on his compositions, the founding fathers on the Declaration of Independence, Picasso on his paintings, and the president’s today on executive orders. Creating your own was a right of passage. With credit card companies admitting the obvious that it does nothing to verify your identity, does…
-
•
The “Assault Weapons” Farce
Many law-abiding Americans rely on firearms classified as “assault weapons” for self-defense. It’s unacceptable to base policy decisions on raw emotions just because of a firearm’s menacing appearance.
-
•
Two Trade Wars: 1807 and 2018
The legal uncertainties surrounding trade with China have sent people looking for historical precedent for this mess. One jumps out: the targeted trade embargo that the US imposed against Britain in 1807. Let’s look at the parallels and lessons.
-
•
Dollarization the Cure to Venezuela’s Hyperinflation
In Ecuador, for instance, the 1999 dollarization has brought economic stability, kept inflation at bay, and even neutralized the effects of plenty of misguided policies introduced by former President Rafael Correa, a Maduro ally.