Blog
Regulation of the Day 57: Minimum Price Agreements
A new Maryland law makes it illegal for manufacturers to set a minimum retail price for their products in sales contracts. The law is meant…
American Spectator
Price Fixing
On October 1, it became illegal in Maryland for manufacturers to set the minimum prices at which retailers may sell their products. Sen. Herb Kohl…
Blog
Corporate Human Rights?
Over at the Detroit News, Hans Bader and I explain why corporations have human rights despite not being human. The reason why? Transaction costs.
Blog
Regulation of the Day 56: Kahlua in Ohio
Kahlua contains 20% alcohol in 49 states. But in Ohio, it is 21.5%. Weird, huh? Turns out regulations are the reason.
Blog
Net Neutrality and Rent-Seeking
Net neutrality proposals give companies the incentive to seek rents at each other’s expense when they could be benefitting from each other’s innovations instead.
Blog
The Economics of Net Neutrality
Over at the Washington Examiner's Opinion Zone, I apply what I learned back in Economics 101 to the net neutrality debate. It's all about scarcity.