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Adam Smith, Greek Tragedy, and Public Policy
In high school civics classes, Adam Smith is a cartoon character. Like Mr. Burns from The Simpsons, he is portrayed as selfish, cold, and calculating.
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This Week in Ridiculous Regulations
The U.S. government hit its debt ceiling, setting up some congressional drama. Microsoft and Google joined the parade of antitrust targets announcing layoffs despite…
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The Debt Ceiling and the Trillion-Dollar Coin
Another debt ceiling battle is brewing, and pundits are debating what to do about it. Over at National Review’ Capital Matters, I take a look…
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This Week in Ridiculous Regulations
Inflation fell to a 6.5 percent annual pace. Supporters of former Brazilian President Jair Bolsonaro staged their own version of January 6. An…
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Federal Reserve Declines to Become Climate Regulator
Most agencies can either do one thing well or many things poorly. For example, the Federal Reserve would be perfectly capable of keeping inflation low…
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This Week in Ridiculous Regulations
The new Congress began with a lot of drama over selecting a speaker. The Federal Trade Commission announced its intention to ban non-compete clauses.