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The Wages of Government Unions
The Economist‘s current Lexington column highlights the growing public resentment at the widening disparity between compensation and job security in the private and public…
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Three Cheers for the Nobel Economic Prizes!
After the weird “future” award to President Obama of the Nobel Peace Prize, another Nobel committee has made a brilliant choice – awarding the Economics…
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2002 Economics Nobel Prize Winner Vernon Smith on 2009 Winner Elinor Ostrom
In honor of the awarding of the Nobel Prize in Economics to Elinor Ostrom and Oliver Williamson, it’s worth recalling a mention of Ostrom’s…
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Regulation of the Day 59: Pharmacy Interns in Colorado
It is illegal to intern for a pharmacist in Colorado without a license.
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Markets vs. Special Interests
"It is precisely the fact that the market does not respect vested interests that makes the people concerned ask for government interference."…
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