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The Problem With NYC’s Landmark Preservation Laws

by Richard A. Epsteinvia Defining Ideas
Monday, April 20, 2015

The fiftieth anniversary of the New York City Landmark Preservation Commission should be an occasion for reform, not celebration.

Other Media

Praise And Skepticism As One Executive Sets Minimum Wage To $70,000 A Year

quoting Timothy Kanevia The New York Times
Sunday, April 19, 2015

When Dan Price announced last week that he would cut his own pay and profits to make it possible to raise the minimum wage at Gravity Payments, his credit card processing company in Seattle, to a hefty $70,000 a year, he had little idea of the whirlwind it would stir.

Other Media

Just How Leaky Is the Fed? More Than You May Realize

quoting Allan H. Meltzervia Bloomberg
Monday, April 20, 2015

The Federal Reserve is once again confronting uncomfortable questions about possible leaks. So far little has come to light about who might have passed details of a 2012 Federal Open Market Committee meeting to a newsletter that caters to hedge funds.

Other Media

Genetic Technology And Its Potential For Good And Evil

by Henry I. Millervia Wall Street Journal
Monday, April 20, 2015

We don’t need a moratorium. We need to push the frontiers of medicine to cure more patients.

Hoover senior fellow Richard Epstein
Other Media

My Friend Richard

featuring Richard A. Epsteinvia Ricochet
Friday, April 17, 2015

Any time I talk with a young person who has every jot and tittle of his life planned out until the day he retires (this is especially common among the kind of sociopaths who have political ambitions), I always gently advise them that it’s generally more important to have a direction than a plan.

Other Media

Scott Sumner On Interest Rates

by Russell Robertsvia EconTalk
Monday, April 20, 2015

Scott Sumner, of Bentley University talks with EconTalk host Russ Roberts about interest rates. Sumner suggests that professional economists sometimes confuse cause and effect with respect to prices and quantities.

Interviews

Victor Davis Hanson On WIBC

interview with Victor Davis Hansonvia Garrison (WIBC)
Friday, April 17, 2015

Hoover fellow Victor Davis Hanson discusses Hillary Clinton, her background, and her campaign for president.

an image
Blogs

Substitution In Nicotine Consumption

by David R. Hendersonvia EconLog
Friday, April 17, 2015

If the FDA regulates, it will not be to make e-cigarettes more available. It will be to make them more costly, either in terms of accessibility or in terms of price, or both. If so, the FDA regulation will slow this healthy substitution away from more-toxic substances.

teacher and student
Blogs

Teacher Layoffs Are Coming, And It’s The Great Recession’s Fault

by Michael J. Petrillivia Education Next
Sunday, April 19, 2015

Forty-eight states experienced declines over the last six years, but some drops were nearly cataclysmic. Note the dramatic reductions in some southern and western states, which were particularly hard hit by the housing bust and/or the recession itself.

Blogs

Mankiw's Textbook On Determinants Of Demand Elasticity

by David R. Hendersonvia EconLog
Sunday, April 19, 2015

I like the book, which is why I use it, but each time I use it, I find things that are off. In a section on determinants of elasticity of demand, Mankiw lists four. The first is "Availability of Close Substitutes." The third is "Definition of the Market."

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