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Category Archive for 'Central Planning'

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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In reading a bit about urban growth and congestion from drivers I’ve come across an argument made by the planocracy against the expansion of roads. The argument? That it makes little sense to build more roads because of the “problem” of induced demand. In other words, only in the mind of a planner is it […]

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I Hope He’s Not Right

In today’s news trumpeting the “big” US-China carbon deal: This is, in my view, the most important bilateral climate announcement ever,” said David Sandalow, a former top environmental official at the White House and the Energy Department. The MOST IMPORTANT? Wow. Consider the other things we learn from the piece: Yet it wasn’t clear how […]

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In the news earlier this week was the release of the IPCC Synthesis Report. The newsworthiness of the release is rather hilarious given that it is simply a synthesis of reports that the IPCC has been releasing over the past year. This is a great boon to the news industry – since they get to […]

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As an unbiased paragon of science, I have scoured the professional economics literature to find out that despite college tuitions increasing at twice the rate of inflation for the past three decades, and despite the fact that college tuition as a share of median household income has more than doubled over this time period, that […]

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A single dose malaria cure. #GlobalWarmingCatastrophe

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