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Category Archive for 'Regulation'

Less Sexy, But More Important

One of our fine students, Dan DiLoreto shares his insights on how local and state regulations stifle commerce and ultimately hurt not just consumers but workers too. Here is a bit: The alcohol industry ultimately operates as a case study in how protectionist policies at both the national and the state level hurt growth and […]

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I am of the opinion that there can never be enough reflective history done on some of the ideas celebrated in our grade school (and college) textbooks. In today’s edition, Robert Bradley refers us to the Sherman Antitrust Act. You know the origin story – big business was destroying America, widening the gap between the […]

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You knew that train would be coming to the station soon. Here is the reference, via Marginal Revolution. It is endlessly frustrating to see even the best economists confuse “solving” climate change with “reducing” CO2. Now, you MAY want to do that, but all that the economics of climate change recommends is that “we” pay […]

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Given the rise in PPACA premiums, do we get to rename the program? On a slightly more serious note, recall the vitriol spewed (ex post of course) at “economists” who for some reason were not able to predict the Great Recession. I had quipped why/whether political scientists are not, now, being excoriated for what is […]

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… you may get hit in the head.

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The Drunk Under the Lampost

“Inequality is a big policy issue because we have data on it” – David Henderson passes on that observation from one of his colleagues. My view is that this is largely correct. Until and whenever we are able to get information on the direct and indirect costs of rules, regulations, restrictions, special favors, etc. in […]

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Today we learn that the U of R, in conjunction with the United States Food and Drug Administration, is putting on an “America’s Got Talent” competition. Check it out here. Students at the University of Rochester are invited to participate in the 3rd annual competition! The competition aims to promote student interest in Regulatory Science […]

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Crowd-sourced beer. Note, this isn’t the traditional crowd-funding to get a brewery started, rather this brewery gets recipes and recipe ideas from customers every month and that is what it brews and sells for that month. One way it is able to do this is that it presells about 80% of all of its beer […]

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Reader warning – this is not well thought out, and I am narrating it to my phone via voice as I am driving to work this morning. It occurs to me that either retail financial institutions are intensely sclerotic, old-school, dinosaurs, or that regulation is strangling what they are able to offer retail customers, or […]

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The Thin Green(k) Line

It may appear funny, but our anti-dynamist culture is probably not far away from being like this. Here is a brief story via Tim Taylor, about Greece of course: This is best encapsulated in an anecdote from my visit to Athens. A friend and I met up at a new bookstore and cafĂ© in the […]

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