Blog
The Economist: Interchange Fee Caps Benefit Large Retailers at Consumer Expense
Surprise! Price controls lead to unintended consequences—including transfers of wealth to parties who lobbied for those controls. That’s the actual – and unsurprising – result…
Blog
The 2014 Federal Paperwork and Red Tape Roundup, Part 2: Billions of Dollars and 13,000 Lifetimes Annually
Whoever makes two ears of corn, or two blades of grass to grow where only one grew before, deserves better of mankind, and…
Blog
Where in the World is Jonathan Gruber?
The Obamacare insurance exchange rule is being challenged in four cases, and each one of them has been active over the last two weeks. The IRS…
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Super PAC Attacks Kochs on Civil Rights, Endorses “Urban Renewal” Policies that Harmed Minorities
Last week, Alternet posted yet another bogus smear on the libertarian billionaires Charles and David Koch. It has since been reposted by Salon.com. The…
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New Employment Data May Give Clues to Why Recovery Is Stuck in First Gear
The good news for workers is that the labor market is growing and the economy shows signs of improvement. The unemployment rate is down to…
Blog
See Me at San Francisco Crowdfund Banking and Lending Summit
My colleague Wayne Crews’ Forbes column Monday explained “How Entrepreneurs Can Speak Out About the Cost of Regulation,” but noted sadly that “businesses that never form…