Tag: public choice
Katniss Everdeen and the Paradox of Revolution
“Historically, the common form of revolution has been a not-too-efficient despotism which is overthrown by another not-too-efficient despotism with little or no effect on the public good. Indeed, except for the change in the names of the ruling circles, it would be hard to distinguish one from the other.” —Gordon Tullock For the past...
Read More »
The Anachronistic 1979 Oil Export Ban
Political pressure is building to repeal the 1979 ban on U.S. exports of crude oil to the rest of the world. I blogged on that issue recently in Inside Sources, which was picked up by Orangeburg, South Carolina’s Times and Democrat. Other blogs on that policy issue are forthcoming. Several reasons for lifting the...
Read More »
The Worst (Still) Get on Top
How often when discussing politics, listening to the news, or hearing about the latest government debacle do you hear something like, “If only John Doe was in office” or “If we could just get the right people in there, things would be better?” How often are issues like corruption, waste, and other perverse outcomes...
Read More »
Are Students Afraid To Be Free?
Class is back in session for most colleges and universities across the country. Last year, I had the privilege of teaching college economics courses for the first time. We discussed many issues, from the economics of War on Drugs and the War on Terror, to the minimum wage, to why airlines offer discounts to...
Read More »
Governmental “Reform” Is an Oxymoron
Pick your favorite scandal du jour: Four employees of the Export-Import Bank recently were forced out of their jobs following allegations that they had solicited or accepted bribes from beneficiaries of the bank’s subsidies for foreign-based purchasers of U.S. exports or steered loans to politically powerful U.S. exporters. The director of the Internal Revenue...
Read More »
Political Spam
I don’t know if you are as popular with the political insiders as I am, but already today I have received emails from Joe Biden, Nancy Pelosi, and Debbie Wasserman Schultz. In fact, I’ve received more than a dozen emails today alone from either the Democratic Party, Democrats involved in election campaigns, or Democratic...
Read More »
The Veterans’ Administration Has Been a Disaster Since Its Inception
In her modern, exceptional biography of President Calvin Coolidge, Amity Shlaes (Coolidge, HarperCollins, 2013) documents the very blemished history of today’s U.S. Department of Veterans Affairs (VA), illustrating the trite, but nevertheless very true old saw that the more things change the more they remain the same. That department of the federal government, now...
Read More »
Virginia DMV and Taxi Unions versus Consumers
“Competition always has been, and always will be, disagreeable to those who are affected by it. Thus we see that in all times and in all places men try to get rid of it.” —Frédéric Bastiat Last week, the Virginia Department of Motor Vehicles (DMV) sent cease-and-desist letters to app-based, ride-sharing services Uber and...
Read More »
All Government Policies Succeed in the Long Run
A crazy claim you are probably thinking after reading my title. After all, “failed policies” are a staple of discussions and debates about government actions in the United States.
California’s Pension Tsunami Swells as Pension Benefits Surge
The California Public Employees’ Retirement System (CalPERS) is the nation’s largest public pension fund. It also has massive unfunded liabilities, as much as $290 billion depending on the calculation method. Many are quick to blame the Great Recession and its low investment returns for the unfunded debts. But new data uncovered by the Sacramento...
Read More »
  • Catalyst
  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org