Randall Holcombe Archive

Randall G. Holcombe is Research Fellow at The Independent Institute, DeVoe Moore Professor of Economics at Florida State University, past President of the Public Choice Society, and past President of the Society for the Development of Austrian Economics.
Full Biography and Recent Publications

Normalizing Relations with Cuba: Good Policy



President Obama announced that the United States will restore full diplomatic relations with Cuba, which is a good move for both countries. The economic impact of the policy will be limited, however, because the economic embargo the United States has imposed on Cuba can be removed only by Congress. This presents the obvious political...
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Anti-Government Movements



The past five years have seen four major anti-government movements gain momentum. These movements have not been revolutionary movements, but rather movements that pushed to limit the scope of government in various ways. The Tea Party movement began in 2009 with the motivation of electing candidates to office who supported a reduction in the...
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The Ferguson Protesters vs. the Liberal Left



The protests that began in Ferguson against a government and a legal system that systematically work to oppress minorities and the disadvantaged have continued, now inflamed by the decision not to indict the New York police officer who killed Eric Gardner by placing him in a chokehold (because he was suspected of selling cigarettes)....
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Elizabeth Warren on the Economic Consequences of the Obama Administration



Elizabeth Warren, recently appointed to a Democratic leadership position in the Senate, explained her priorities: “Wall Street ... is doing very well, CEOs are bringing in millions more and families all across the country are struggling,” she said. “We have to make this government work for the American people. And that’s what I will...
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Saudi Arabia Pressures Russia



One remarkable aspect in the recent fall in global oil prices is that Saudi Arabia has not cut production to prop them up. Much of the speculation about why the Saudis have sat by passively and allowed the oil price decline has been that they are trying to undermine higher-cost producers in the US...
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Lesson from the Election: People Want Less Government



The lesson I draw from the Republican victories in the 2014 election is that people want less government. Since 2009 the number of Democratic Senators fell from 58 to 45, the number of democratic House members fell from 256 to 192, and the number of Democratic governors fell from 28 to 18. I’m not...
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Gordon Tullock (1922-2014)



Gordon Tullock, one of the founders of the sub-discipline of public choice, passed away November 3, at the age of 92. Public choice uses the methods of economics to analyze political decision-making, and Tullock’s book, co-authored with James Buchanan, The Calculus of Consent, was a pioneering work in public choice. It is the best-known...
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Election on Tuesday: Who’s Running?



I’ve commented before on all the political spam I’m receiving in my email, most of it from the Democratic party (dccc@dccc.org). In many of their pleadings, they claim they are running against the Koch Brothers. (I like how they capitalize both their name and the B in Brothers.) And who’s running against the Koch...
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Obama Appointee Supports Individual Rights



I’ve been critical of the Obama administration in the past, so it’s nice to find something positive to say. This article says that President Obama’s new acting head of the Justice Department’s Civil Rights Division, Vanita Gupta, “supports decriminalizing cocaine, heroin, LSD, methamphetamine, ecstasy and all dangerous drugs, including marijuana.” It’s nice to see...
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Florida’s Very Interesting Race for Governor



In November, Floridians will see three names on the ballot for Governor: incumbent Governor Rick Scott, the Republican; former Governor Charlie Crist, the Democrat; and Libertarian candidate Adrian Wyllie. Incumbent Rick Scott is probably the least interesting of the candidates. A former hospital CEO, he won in 2010 spending mostly his own money ($70...
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