Homines libenter quod volunt credunt
Posted in Immigration on May 10th, 2010
I’ve not wanted to weigh in on the new Arizona immigration law. But the law got me thinking in general about labor market discrimination. Some low-wage Americans bring suit against their employer on the grounds that discrimination by the employer is keeping their wages below what they otherwise “should” be. Two points – one unrelated […]
Posted in Price Controls, Price System, You Can't Have it Both Ways on Dec 4th, 2009
Here’s another twisty pretzel anti-market zealots get themselves caught in. Many “progressives” are ardent supporters of anti-trust policy. One part of anti-trust policy is that firms can be doing a “bad thing” by offering prices to the consumers that are “too low.” You read that correctly. So not only (as we have explored in earlier […]
Posted in Competition, You Can't Have it Both Ways on Sep 17th, 2009
Americans, indeed many folks around the world, have an inherent protectionist bent. Their sentiment goes something like this: “we shouldn’t allow American companies to outsource some of their production overseas, because it costs American jobs” “we shouldn’t allow French wineries to sell their wines over here, because that hurts the New York State wine industry” […]
Posted in Extended Order, You Can't Have it Both Ways on Apr 16th, 2009
“Rizzo, what do you think about regulating short-selling?”
Posted in Environment on Dec 18th, 2008
Bryan Caplan suggests that the world could support a trillion people. I don’t disagree.
