Carl Close Archive

Carl Close is Research Fellow and Senior Editor for The Independent Institute and Assistant Editor of The Independent Review and editor of The Lighthouse, The Independent Institute’s weekly e-mail newsletter.
Full Biography and Recent Publications

Should Insurance Regulation Be Used as a Political Pawn?



New Book Examines the ‘Risky Business’ of Insurance Regulation “Insurance is too important to society and to commerce to be left as a political pawn,” writes Lawrence S. Powell, the editor of the newest Independent Institute book, Risky Business: Insurance Markets and Regulation. Powell’s words are timely because, as with so many natural disasters,...
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World War II Didn’t End the Great Depression



The notion that the Second World War is responsible for ending the Great Depression has met growing skepticism among economic historians, thanks in no small part to the work of Independent Institute Senior Fellow Robert Higgs. Beginning with an article that first appeared in the Journal of Economic History in 1992, Higgs has argued...
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Nixon and Buchanan: Power versus Principle



James M. Buchanan toiled in the academic trenches for more than half a century, plowing vital new ground that advanced our understanding of the untamed beast that is government (and, by extension, the rascals who grasp at its reins). His passing yesterday should be a solemn occasion for all who value a free and...
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Greatest Hits of 2012



Which articles on the Independent Institute’s websites and blogs received the most views last year? We thought you might be wondering! To satisfy your curiosity, we’ve put together two lists—each one shedding light on what most attracts the attention of our Internet audience. The first list of “articles” includes blog posts from The Beacon...
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Robert Bork (1927-2012)



Robert Bork has passed away. The author of two bestselling political commentaries, The Tempting of America and Slouching Towards Gomorrah, Bork is perhaps best remembered for his ill-fated nomination to the Supreme Court in 1987—and for the wrath it provoked from many on the left. But the controversial jurist was also a lightning rod...
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The Fiscal Cliff and Policy Uncertainty



In today’s issue of the Wall Street Journal, economics editor David Wessel has a useful column about policy uncertainty—worries about government spending, the expiration of provisions in the tax code, inflationary expectations, and the like—and its role in hampering economic growth by discouraging private investment. (The piece is available online to WSJ subscribers here.)...
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I, Pencil: The Movie



In 1958, Leonard E. Read wrote “I, Pencil”—a short, brilliant essay about how markets coordinate the countless steps that go into making an ordinary pencil. In addition to its insightful substance, the essay is also noteworthy for Read’s clever literary device: the story is told from the perspective of a pencil. The piece ran...
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Crisis and Leviathan, 25th Anniversary Edition



The Independent Institute is delighted to announce the publication of the 25th Anniversary Edition of Crisis and Leviathan: Critical Episodes in the Growth of American Government, by Independent Institute Senior Fellow Robert Higgs. First published in 1987, this classic work introduced to the reading public the notion that national crises—the Great Depression, the two...
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Defense Cuts Would Encourage Needed Improvements



The U.S. Defense budget has not received nearly as much media scrutiny during this election cycle as it merits. Leaving such a vital topic almost exclusively in the hands of the usual cast of characters—defense secretaries, current and former; members of the House and Senate Armed Services Committees; and retired chairmen of the Joint...
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Anti-Gouging Laws Prevent Prices from Sending the Right Signals



Governor Chris Christie of New Jersey, a Republican, and New York Attorney General Eric Schneiderman, a Democrat, have warned sellers against “price gouging” in the wake of Hurricane Sandy. Their words and policies are supposed to help people during a catastrophe, but the opposite is true. As columnist Matthew Yglesias explains in Slate, stopping...
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