Robert Frank of Cornell University discusses Ronald Coase’s views on externalities and his book The Darwin Economy with EconTalk host Russell Roberts. Topics include defining an externality; public policy challenges of negative externalities, such as pollution and cigarette smoking; initial political reactions to Coase’s views on externalities; comparing deontological and consequentialist issues, such as free speech and interracial handholding; how differences in income distorts cost-benefit analysis; and what constitutes a right.
by Fouad Ajamivia Bill Bennett's Morning In America
Thursday, February 20, 2014
Hoover senior fellow Fouad Ajami discusses current events on Bill Bennett’s Morning in America. Topics include the recent violence in Ukraine and Venezuela, barrel bombs and chemical weapons in Syria, and nuclear weapons in Iran.
David Davenport, counselor to the director and a research fellow at the Hoover Institution, notes, on Townhall.com, that the courts should find the subsidies and penalties of the Affordable Care Act unconstitutional, in the same way that the Supreme Court found FDR’s National Industrial Relations Act unconstitutional.
Andrew Roberts discusses Europe’s flagging commitment to NATO, the potential threat from Russia, and what, if anything, the United States can do to arrest the decline.
