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Category Archive for 'Central Planning'

The inevitable has become reality: New York State has banned fracking. Makes this sort of thing rather laughable, now doesn’t it? What can I really say? The epidemiology is not there to support “fracking” as being particularly dangerous. The environmental research is not there to support the idea that it is particularly harmful. Remember, good […]

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An article has been making the rounds recently about scientists at Harvard being fairly certain that aerosolic geoengineering approaches would be able to reduce the GHG effect by 50% or more, and in fact do so in a way that not only cools the planet, but does so in a way to ensure that we […]

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This is a theme that we will come back to from time to time. Let’s think for a minute about what Daniel Kahneman says about making good investment decisions: “You should talk to people who disagree with you and you should talk to people who are not in the same emotional situation you are,” (via Marginal […]

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“It” being a really expensive price for a pill that is quite literally a life-saving pill. And once again, we get the usual standard fare from the Voxers: In Europe, things are like, so, way, cooler and more just. They pay, like, so much less for their life-saving pills. Big pharma profits are like, waaaaaayyyyy, […]

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Two completely underappreciated developments. As optimistic as I am about the world, EVEN I was taken aback by the rapidity and breadth of these developments: malaria and species extinction. Species Extinction You may by now know that a horrible blight wiped out up to 3 billion American chestnut trees last century. It was one of the most common trees in […]

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Not in the mood to be charitable again. Screw the FDA and the crop of enfeebled nannies who demand crap like this: The Food and Drug Administration is announcing long-delayed calorie labeling rules on Tuesday, requiring establishments that sell prepared foods and have 20 or more locations to post the calorie content of food “clearly […]

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The most regular question I get from students who actually care about their education is why we tend to see so much bad policy, particularly if it is widely understood that messing with (nonexternality) prices is such a bad idea and industrial planning is such a bad idea. I typically stumble saying something to the […]

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Talk About Lowering the Bar

This is annoying and frustrating and a problem. But it’s also not a completely broken website, either. This year, people do seem to be able to sign up for health plans — something they were unable to do on last year’s launch day. So, several years into the “law” and a year after the first […]

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Once again, let’s line up along our ideological preferences and use those to masquerade as real economics. Those who are in favor of net neutrality may seem to be doing so because the term “neutrality” seems to indicate “fairness” or even “correct.” Of course, the entire point of any economic system is to treat different users […]

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