Tag: legislation
Republicans Split over Patent Reform

The Washington Times has an interesting article on the division among Republicans on patent reform. According to the article: Two dozen prominent conservative political groups, led by the influential American Conservative Union, the Club for Growth and the Eagle Forum, sent a letter Wednesday to House Speaker John A. Boehner, Senate Majority Leader Mitch...
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Politics, Markets, and The Housing Boom and Bust

I recently read the revised edition of Thomas Sowell’s excellent The Housing Boom and Bust. One of the most striking things about the role of housing in the financial crisis is the resonance of the “villains, victims, and valiant government” narrative that goes as follows: greedy bankers exploited everyone while the regulators were asleep...
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Principles and Politics: Like Oil and Water

My title is taken from my review of Timothy Besley’s book, Principled Agents? The Political Economy of Good Government, which appeared in the June 2009 issue of The Review of Austrian Economics. The reasoning behind my title is that the institutional structure of democratic politics puts elected representatives who act on their principles at...
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