Government Regulation

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by John H. Cochrane via Wall Street Journal
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interview with Stephen Habervia Wall Street Journal Live
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by John B. Taylorvia Wall Street Journal

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The Libertarian: Europe In Turmoil

interview with Richard A. Epsteinvia The Libertarian
Friday, December 14, 2018

As the UK, France, and Germany reel from internal strife, what’s the future of Europe?

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The Libertarian: Trump vs. GM

interview with Richard A. Epsteinvia The Libertarian
Friday, December 7, 2018

The dangers of presidential intervention in the private sector.

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The Libertarian: Free Speech And Campaign Finance

interview with Richard A. Epsteinvia The Libertarian
Thursday, November 29, 2018

How to think about the role of money in politics.

Analysis and Commentary

Katie Haun Versus Paul Krugman On Cryptocurrency

by David R. Hendersonvia EconLog
Wednesday, November 28, 2018

Tyler Cowen recently linked to a debate between Stanford professor Katie Haun and Paul Krugman on cryptocurrency. I found myself torn but I did learn a few things and noticed a few interesting things. It starts with a 36-minute presentation by Haun. Then there’s a 25-minute presentation by Krugman and then a third 39-minute video with Q&A with the audience in Mexico City.

Policy BriefsFeatured

John Cogan Tells Us How To Think About Entitlements

by John F. Coganvia PolicyEd
Wednesday, November 28, 2018

Entitlement programs fulfill the normal human desire to help those who cannot help themselves. But we must always remember that they also impose a penalty on work, because benefits have to be phased out as income rises. It is important to balance benefits granted and costs imposed.

EconomyFeatured

California Budget Realities And The Coming Backlash Against The Democratic Party

by Lee Ohanianvia California on Your Mind
Tuesday, November 27, 2018

Since the midterm elections, California political discussions have been focused on the implosion of the California Republican party and the increased dominance of the Democratic party. Despite these trends, there are several reasons why I expect to see enormous pressure on the California Democratic party to significantly change their future economic priorities and policies. And this may happen sooner rather than later, just as there was a strong and unexpected national reaction against the Democratic party in 2010 and in 2016.

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Thomas Sowell on the Myths of Economic Inequality

interview with Thomas Sowellvia Uncommon Knowledge
Monday, November 26, 2018

AUDIO ONLY

What are the myths of economic inequality, and why is socialism often posed as the solution?

Featured

Regulatory Cost Disease

by John H. Cochrane via Grumpy Economist
Monday, November 19, 2018

A post on Marginal Revolution is so good, I have to quote in its entirety before commenting: From my time in both the military and healthcare I can say that the biggest problem are the compliance costs. For example, I have a phone app that allows me to send texts. We pay very good money to have said app. It does nothing that my phone cannot innately do – except be HIPAA compliant. EMR software is clunky, an active time suck, and adds little or no value … but we are required by law to use it. 

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Reforming Regulation

by Michael J. Boskinvia PolicyEd
Tuesday, October 30, 2018

There are often economic, health, safety, environmental, and other benefits that justify regulation. But it is important to keep in mind that many of them create a drag on the economy by imposing costs or stifling innovation and competition. Once implemented, we need to track their impact and periodically reevaluate them. An ongoing goal should be to achieve the original goals at a lower cost.

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The Libertarian: The Perils Of Soft Socialism

interview with Richard A. Epsteinvia The Libertarian
Tuesday, October 30, 2018

How the new progressive agenda would ravage the economy.

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Economic Policy Working Group

 
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.

Milton and Rose Friedman: An Uncommon Couple