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Fannie and Freddie Helped Spawn the Mortgage Crisis, and So Did Affordable Housing Mandates
In a recent letter in The New York Times, I noted the role played by the government-sponsored enterprises, Fannie Mae and Freddie Mac, in…
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Regulation of the Day 204: How to Buy Liquor
Self-checkout lanes have been popping up in grocery stores across the country over the last several years. Some people worry that without the adult supervision…
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The Dying Duopoly
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Today’s Links: January 9, 2012
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Wisconsin: The Canary in the Coal Mine
Faced with a $9.2 billion budgetary shortfall next year, California Gov. Jerry Brown has not surprisingly reached for the only tool in the Democratic shed…
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Regulatory Capture
Businesses, especially larger ones, aren’t afraid of regulation. They often welcome it. They can use rules to stifle competitors, or can pad their profits by…