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In-Flight Rent-Seeking
Blog
Regulation of the Day 80: Falconry
The Code of Federal Regulations contains 12,834 words worth of rules concerning falconry, of all things.
Blog
Did Deregulation Cause the Great Recession?
Over at RealClearMarkets, I explain why the answer is a resounding no. Over 30,000 total new rules passed during the Bush years. Hardly any were…
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Regulation of the Day 79: Auctioneers in Alabama
It is illegal to conduct an auction without a license in Alabama. Violators can be punished with fines of up to $500. Applicants must pay…
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Don’t Worry about Trade Deficits
I run an ongoing trade deficit with my local grocery store. I import food from them every week. They have never purchased a thing from…
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Regulation of the Day 78: Green Energy Subsidies
If green energy is commercially viable, then it doesn't need any subsidies. If it isn't, no amount of subsidy will make it so.