Tag: Regulation

Net Neutrality: Pushing on Another Side of the Balloon »

Yesterday I blogged on President Obama’s ill-conceived and statist call for the Federal Communications Commission (FCC) to regulate the Internet so as to prevent Internet Service Providers (ISPs), companies like Comcast, Time Warner, and AT&T, from charging differentially higher fees to Netflix, Amazon Prime, and other broadband “hogs” for subscribers’ access to online content….
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“Net Neutrality” Is an Oxymoron When Government Logs On »

President Obama released a video on Monday, November 10, asking the Federal Communications Commission to adopt rules that would keep the Internet what it always has been – “free and open.” The buzzword is “neutrality,” meaning that no telecom company or internet service provider (ISP) would be allowed to discriminate against some content providers…
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Gordon Tullock, R.I.P. »

My friend and former colleague Gordon Tullock passed away on Election Day eve at the age of 92. Gordon was one of the great polymaths of the past more than half-century. Known best as the co-author (with Nobel laureate James M. Buchanan) of The Calculus of Consent: Logical Foundations of Constitutional Democracy (1962), Gordon invented…
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Obamacare Premiums Increased Dramatically for Every Age Group in 2014 »

HealthPocket, an online insurance broker, has measured the increase in premiums for every age group in Obamacare versus the pre-Obamacare individual market. Their conclusion: Premiums increased by double digits for every age group. What I find really surprising is the increase in rates for 63-year olds: 37.5 percent for women and 22.7 percent for men….
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Hillary’s Right About Jobs »

Hillary Clinton’s recent exhortation “Don’t let anybody tell you that it’s corporations and businesses that create jobs,” has been drawing a lot of flack from conservatives, but it’s pretty much true these days. Back in the olden days, of course, businesses did create jobs. But now, not so much. Here are the number of…
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Government Buries Evidence of Poor Access to Care under Obamacare »

Thank providence for USA Today, which has given us yet another story describing how poor access to health care is under Obamacare. People who fell for navigators’ sales pitches and signed up for Obamacare are discovering that it is junk insurance: “The exchanges have become very much like Medicaid,” says Andrew Kleinman, a plastic surgeon and president…
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Airline Deregulation Act of 1978 »

President Jimmy Carter signed the Airline Deregulation Act on October 24, 1978. That law phased out the Civil Aeronautics Board (CAB) over the next four years, ending five decades of federal regulation of passenger airfares on interstate commercial flights and entry into the airline industry. One of prime movers behind this first legislative initiative…
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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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The Case for Drugstore Clinics »

In The Atlantic, Richard Gunderman, MD, PhD, has delivered “The Case Against Drugstore Clinics.” It is a weak case. Let’s take his strongest argument first: A woman with a sore throat went to a retail clinic and received a prescription for antibiotics. After a few days, she hadn’t gotten better, so she went to…
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Berkeley’s Free Medical Marijuana Plan Shows Economic Thinking Has Gone to Pot »

In 1996, California passed Proposition 215, making it the first state to legalize medicinal marijuana. Its passage, however, did not trump federal law, under which cannabis remains illegal as per the Controlled Substance Act. Due to this illegality on the federal level, private insurance companies, as well as state programs like Medi-Cal, do not…
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