Archive for September, 2016
Both Presidential Candidates Fail Econ 101

This week we saw the first presidential debate between Democratic nominee Hillary Clinton and Republican nominee Donald Trump. Despite knowing better, I watched the whole thing. For over 90 minutes I watched as the two candidates went back and forth, offering generic, unclear policy prescriptions, took jabs at one another, and offered unnecessary personal...
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Mises, Military, and Market

September 29 is the birthday of Ludwig von Mises, one of the giants of the Austrian School of economics. In my book Choice: Cooperation, Enterprise, and Human Action, I distill the work of Mises as presented in his masterpiece, Human Action. Elsewhere I have summarized his contributions to economic science, so in the present...
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Ban Guns, Come Hell or High Water

I didn’t fully recognize the remarkably pervasive anti-gun statement embedded in the well-received film Hell or High Water until my morning jog the following day. The message is so subtle, so nuanced, and so expertly executed, this movie could be used as a textbook case for how narrative filmmaking can promote policy positions. And...
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One Solution to the EpiPen Crisis: Repeal Durham-Humphrey!

Posturing politicians on Capitol Hill conducted a hearing a few days ago during which they grilled Heather Bresch, CEO of Mylan N.V., maker of EpiPens. Prices of EpiPens have skyrocketed in the past few years (which I have discussed here and here). The politicians were more interested in wagging their fingers and tut-tutting at...
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Specialization and Free Trade Enhance Our Productivity—It’s Just That Simple

In most cases people recognize that increasing productivity is a good thing. If we develop new technologies or make organizational changes that allow us to produce more output with the same inputs, we celebrate. If people acquire education or experience that allows them to produce more with their human capital, we regard this payoff...
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Why Michael Bloomberg’s Pro-Soda-Tax Ad Is Misleading

Former New York City Mayor Michael Bloomberg is helping to bankroll a television-commercial campaign in favor of proposed soda taxes in Oakland and San Francisco, known as Measure HH and Proposition V, respectively, which will appear on each city’s November ballot. You can’t miss the commercial if you live in the Bay Area, as...
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Snowden Spotlights Dangers of Privacy-Security Trade-Off

Few figures have been as polarizing as Edward Snowden, the intelligence-agency computer contractor turned whistleblower who leaked national security files to the press and raised global awareness about the breadth of U.S. government spying. Snowden has been in effective exile since 2013, when the government revoked his passport and started pressuring Russia to extradite...
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Hillary Clinton’s Exit Tax

In the Cold War era, Eastern bloc countries prevented their citizens from leaving. The Berlin Wall was the most iconic symbol of the Eastern bloc’s no exit policy. Hillary Clinton’s proposed exit tax “on the untaxed overseas earnings of multinational companies that leave the U.S.” falls short of being a Berlin Wall for U.S....
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Your Friendly Neighborhood Drone?

As the saying goes, “life imitates art.” Sometimes my research interests pop up in places I don’t expect. Recently it happened close to home. Really, really close to home. I’ve written extensively on the use of drones as a tool of U.S. foreign policy. I’ve explored whether or not drones are more cost effective...
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Glorious Democracy

Election campaigns Painful but worse is to come Someone’s gonna win – Winner won’t be us Political class will win Rest of us, tough luck – Whole thing is great farce Diverts and entertains us Thieves make off with loot

  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org