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Category Archive for 'Corporatism'

We’ll dig down into this Current Affairs vituperation of Trump’s choice of Education Secretary in some more detail later (I’m off to class now). But two points in this article I’d like to make quite clearly and simply. The author starts out by trying to understand and articulate (in true Turing Test fashion) what the arguments made […]

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Go short on Universities – notice what has happened to the likelihood of finding a mate on campus. So, we now know that students study far less than they use to. We know that grades are being inflated. We know that students are leaving less prepared for the modern workplace. And now you don’t even […]

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Is it a widely held view that “other countries’” medical systems are superior to the United States? Is it a widely held view that “other countries” get better medical outcomes for lower costs than in the United States? Then, riddle me this: why is it so impossibly difficult for a foreign trained doctor to come […]

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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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One of the things that “anti-ACA” analysts worried about with the new law was that it would open the door to regulating all manner of areas of our lives that not even the staunchest supporters of the law ever intended or ever imagined it would lead to. Here is an episode confirming these concerns. After decades […]

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As a once-sensible economist I supported a “revenue neutral carbon tax” as one major prong of global warming strategy. The simple idea is that such a program would qualify as “No Regrets.” If CO2 turns out to be really bad, then the tax assures that we’ve properly considered those damages in our day to day […]

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Among the many disasters that Prohibition wrought (and continues to bring in the form of the current Drug War) it seems it is largely responsible for wiretapping. This again from Last Call: When he was Attorney General (wintercow: Lord Jeff alum) Harlan Fiske Stone had declared that Justice Department personnel (including members of J. Edgar Hoover’s brand-new […]

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We are now four years past the Occupy Wall St. movement. What is its lasting legacy? You might argue it has manifested itself in this way. I suggest that the movement is ultimately not going to be worthy of even an historical footnote. How much of today’s activism and even commentary on financial matters has to […]

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Tim Taylor summarizes the data from the Center for Responsive Politics: Total spending for the 2014 Congressional races looks like it will come in at about $4 billion, quite similar to the amount spent in 2012 and 2010. In the context of a high-income country with a population of nearly 320 million, this is not […]

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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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