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Tag Archives: Regulation

No Single Incident of Anticompetitive Actions

In my recent Hoover article, “Railroad Regulation’s Poor Track Record,” Defining Ideas, November 18, 2021, I wrote the following: It is true that in some circumstances, shippers will be “captive”: they will be at the mercy of the one railroad that goes to or by their location. To deal with this, federal regulators adopted “Competitive Access Rules” in 1985. These rules give the STB the power to force reciprocal switching. But to do so, the regulators must show a...

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Wagner and Weitzman’s Asymmetric Treatment of Non-Carbon Energies

In his well-deserved victory lap about his bet with Daniel Reeves, co-blogger Bryan Caplan points out that one major flaw in Gernot Wagner’s and Martin L. Weitzman’s book Climate Shock is its treatment or, rather, non-treatment of nuclear power. Bryan writes: Wagner and Weitzman barely mention nuclear power or the absurd regulatory burden under which it labors.  This fits with the Social Desirability Bias story, and makes me further distrust them. In a comment on...

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Hooray for the Fifth Circuit

Breaking good news! The U.S. Court of Appeals for the 5th Circuit just issued a temporary stay on the enforcement of Biden’s abominable vaccine mandate. My guess is that this issue will eventually be resolved by the U.S. Supreme Court. Let us hope that this appalling mandate is soon buried forever.

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Hooray for the Fifth Circuit

Breaking good news! The U.S. Court of Appeals for the 5th Circuit just issued a temporary stay on the enforcement of Biden’s abominable vaccine mandate. My guess is that this issue will eventually be resolved by the U.S. Supreme Court. Let us hope that this appalling mandate is soon buried forever.

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Some Non-Covid Links

David Henderson exposes the economic ignorance that infects Josh Hawley’s arrogant scheme to cure America’s supply-chain web woes. A slice: Hawley is right that we have a relatively free flow of capital into and from the United States. He is wrong to suggest that this has hurt American workers. He himself notes elsewhere in the article that America has a high trade deficit with the rest of the world. But he doesn’t take the next logical step and point out what this trade deficit...

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Some Non-Covid Links

David Henderson exposes the economic ignorance that infects Josh Hawley’s arrogant scheme to cure America’s supply-chain web woes. A slice: Hawley is right that we have a relatively free flow of capital into and from the United States. He is wrong to suggest that this has hurt American workers. He himself notes elsewhere in the article that America has a high trade deficit with the rest of the world. But he doesn’t take the next logical step and point out what this trade deficit...

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Freedoms Are Not Acquired Cafeteria-Style

Here’s a letter to the Wall Street Journal: Editor: Dave Seminara rightly decries the outrageous media bias against Florida governor Ron DeSantis (“Media Ignore Florida Covid Recovery,” Nov. 1). He’s right also to applaud Mr. DeSantis’s refusal to tyrannize citizens of his state with the oppressive – and, it turns out, largely ineffective – restrictions of the sort imposed by California’s Gavin Newsom and many other governors. But Mr. Seminara’s description of Mr. DeSantis as “a...

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Freedoms Are Not Acquired Cafeteria-Style

Here’s a letter to the Wall Street Journal: Editor: Dave Seminara rightly decries the outrageous media bias against Florida governor Ron DeSantis (“Media Ignore Florida Covid Recovery,” Nov. 1). He’s right also to applaud Mr. DeSantis’s refusal to tyrannize citizens of his state with the oppressive – and, it turns out, largely ineffective – restrictions of the sort imposed by California’s Gavin Newsom and many other governors. But Mr. Seminara’s description of Mr. DeSantis as “a...

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The Curse of a Government Job

I remember when Dr. Deborah Birx was called out after hosting a holiday gathering of her family. It was the kind of gathering that she had urged her fellow Americans not to have. What I didn’t know was the excuse she gave. Here’s an excerpt from the BBC report at the time: Explaining her decision to gather with her husband, daughter, son-in-law and two grandchildren, she told Newsy: “My daughter hasn’t left that house in 10 months, my parents have been isolated for...

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Exploring Econ Talk: Sam Peltzman (2006)

I continue to catch up on listening to the vast library of EconTalk podcasts. The next one that I recommend is this one from November 2006 with Sam Peltzman. Here’s one of the many lessons you’ll learn by listening to this podcast: All people who love to hate “Big Pharma” should join the ranks of those of us who wish to abolish, or at least to severely curtail the powers of, the Food and Drug Administration. (I myself would completely abolish the FDA and its powers.) ...

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