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Category Archive for 'Regulation'

I’m not in the mood to rant and rave about this silliness, especially since we here at the Wintercow Brewing Company partake in a very “small scale” version of the same: In Maine and across the country, brewers and farmers have formed handshake agreements: Brewers brew beer, producing barrels or truckloads full of heavy, wet […]

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Alex Tabarrok reports today: Excellent piece in the Washington Post on the FDA and sunscreen: …American beachgoers will have to make do with sunscreens that dermatologists and cancer-research groups say are less effective and have changed little over the past decade. That’s because applications for the newer sunscreen ingredients have languished for years in the bureaucracy […]

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Among some of the most unproductive questions I am asked regularly include questions of the type, “are you in support of XYZ?” As if XYZ is some monolithic, black and white, easy to understand and represent with the word XYZ, thing. Of course, it is not. So, in the past I’ve been very evasive when […]

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In Klingian Macroeconomics, this episode (it’s more than an episode, we need a better word) is what we mean by the bottom-left quadrant:  At midnight on December 31, I not only drank a toast to the new year, but also to finally getting all my business operations out of Ventura County, California. Never have I […]

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Last week, former CEA Chair and current Harvard economist Greg Mankiw points us to yet another rhetorical flourish by the Commander in Speech: The CEA Fact Checkers Miss One In his speech yesterday, President Obama said, Now, we all know the arguments that have been used against a higher minimum wage. Some say it actually hurts low-wage […]

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I don’t like to comment too much on the daily politics that makes for much of the news headlines. So, I don’t have anything to offer you here on the ObamaCare vote itself, or the politics of the Syrian problem and so forth. But I am very intrigued by some of the commentary on it. […]

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Our entire series on Being Removed from Polite Company could be populated with Ronald Coase stories. By now I am sure most readers of TUW would have read something about Coase’s life since he passed away earlier this week, including the story of how both he and James Buchanan (both Nobel Prize winners of economics) […]

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We’re staying at a condo right now here in the People’s Republic of the Berkshires. It occurs to me that the rich folks who built second homes here might be environmental Heros rather than demons, at least a little. How? These condos use a lot of lumber that was grown for the purpose of building […]

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My student Alex R. forwards me this absurdity, brought to you by the always worth reading Lenore Skenazy. I wonder where, possibly, people get conditioned to WANT to promote this sort of a thing? Instead of teaching students how to read and add, this is what they are learning. Great. If you’re considering getting a […]

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There are generally three types of discrimination (actually four) that may result in some economic actors being left shorthanded (we can define that in future post, but for now just conjure up the mental image of a worker being paid less than he/she “should”).  These are: Employer discrimination: the owners of a firm treat individuals […]

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