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Politics In A Nutshell

From Peter Boettke's Living Economics: "Politics is about concentrating benefits on well-organized and well-informed interest groups, and dispersing costs on the unorganized and ill-informed masses."…

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Time To Reform Unfunded Mandates

Congress passed an Unfunded Mandate Reform Act back in 1995, but it is mostly toothless, and needs to be strengthened. Fortunately, help may be on…

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An Economics Disaster

Paul Krugman, who knows better, recently fell for the broken window fallacy in a post at his ?New York Times? blog. An error that basic…