Tag: coronavirus pandemic
K Street Lobbyists Go on a Feeding Frenzy

“Never allow a good crisis go to waste” is not just a mantra for crooked politicians looking to impose their vanity on the people. It is also the motto of the K Street lobbyists who aggressively panhandle Washington, D.C., politicians for scraps of cash to benefit special interests at the taxpayer expense. Politico‘s Theodoric...
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Coronavirus Corruption: Bad Incentives and Politics as Usual

Rebeckah Jones worked for the Florida Department of Health’s Geographic Information team. One of her greatest responsibilities was to develop and maintain the Florida Covid-19 Data and Surveillance Dashboard. The dashboard provides Floridians with timely information on the number of COVID-19 cases, hospitalizations, and fatalities at the state and county level. Despite receiving considerable...
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How to Fix a Perverse Coronavirus Incentive and Get More Americans Back to Work

If you were laid off from your job, and you could collect more from unemployment benefits than you could get from being rehired at your regular pay, would you go back to work at your old employer if they called you with an offer to go back to work? In that situation, many people...
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Pandemics Are Not Recessions, And Pessimism Isn’t Logic

I thank Dr. Edwin G. Dolan for taking the time to critique my recent Independent Institute Executive Summary, A Pandemic is Not a Recession, in his April 15th blog posting for the Niskanen Center, “The Shaky Logic Behind Hopes for a Quick Recovery.” Criticism is valuable and necessary—though inaccuracies need to be cleared up...
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Fed Chief Jerome Powell Tells Uncle Sam To Spend More

In the last two months, the U.S. Federal Reserve has underwritten every single dollar borrowed by the U.S. government, and then some, becoming the biggest single lender to the federal government along the way. And now, Federal Reserve Chair Jerome Powell has told Uncle Sam to get out there and spend! Reuters has the...
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