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Regulation of the Day 83: Citations
The Code of Federal Regulations contains a regulation on how to cite the Code of Federal Regulations.
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Financial Fiasco
I recently finished reading Swedish economist Johan Norberg's book about the financial crisis, aptly titled Financial Fiasco. It's both short and informative. Six chapters and…
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Marcus Aurelius: Emperor, Philosopher, Economist
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Regulation of the Day 82: Veterinarians
Did you know that the federal government is in the veterinary accreditation business? It’s true.
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Poll: Used Car Salesmen More Ethical than Congress
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Antitrust as Corporate Welfare for Aggrieved Competitors
Wayne Crews and I have an article in today's American Spectator about the antitrust crusade against Intel. An FTC picking winners and losers is not…
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Regulation of the Day 81: Porn
A proposed rule in California would reclassify adult film actors as being subject to certain employment regulations. The unintended consequences are potentially fatal.
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In-Flight Rent-Seeking
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Regulation of the Day 80: Falconry
The Code of Federal Regulations contains 12,834 words worth of rules concerning falconry, of all things.
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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.
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Regulation of the Day 77: Banning Toys in Happy Meals
Roberto Zabrido, a government official in Spain, is “adamant that the Happy Meal and its ilk pose a risk.” The solution? Legislation!…
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Regulation of the Day 76: Generic Medication for Farm Animals
If you put chlortetracycline powder in your farm animals’ drinking water to prevent disease, please be aware that a new federal rule now allows you…
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The Economics of Black Friday
Non-price costs such as crowds and long lines should be factored into your shopping habits. Otherwise you just might be getting ripped off.
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Happy Birthday, Carl Sagan
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The Partisan Deficit
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Illegal Immigration: Make it Legal
The Boston Globe’s Jeff Jacoby wrote a wonderful column yesterday that highlights the inconsistent stance of many conservatives when it comes to immigration.
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Regulation of the Day 75: Food Containers
The Code of Federal Regulations contains 28 sections on food containers. Metal, glass, plastic, flexible, rigid – if you can put food in it, there…
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The Economic Way of Thinking about Stimulus Packages, Part II
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New Trotsky Biography
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The Economic Way of Thinking about Stimulus Packages
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Making Broadband Accessible: Innovation, Not Intervention
FCC regulators want to provide wider and cheaper broadband access by subsidizing it, raising taxes, and forcing network owners to share their network infrastructure with…
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Regulation of the Day 74: Grass Length in Jupiter, Florida
Residents whose lawns are taller than eight inches risk $250 per day fines. The city council voted last night on raising the fines to $1,000…
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Against a Value Added Tax
Over at Investor's Business Daily, Wayne Crews and I make the case against a Value Added Tax. Policy makers have been flirting with the idea…
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Oyster Ban Update: Partial Victory!
The ban, due to take effect in 2011, has not been repealed outright. But, in response to public outcry, it has been delayed.
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Fixing TARP: Is Transparency Enough?
Transparency is a good start. But the goal should be to not have government bailing out politically favored companies in the first place.
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Regulation of the Day 73: Snow Globes as Terrorist Threat
Yes, larger snow globes probably violate the TSA’s three-ounce limit for liquids. But they are not bombs. They are, in fact, snow globes.
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Andrew Cuomo Sues Intel
Over at the Washington Examiner's Opinion Zone, Wayne Crews and I explain why New York Attorney General Andrew Cuomo's antitrust lawsuit against Intel is a…