Over-​​mailing your e-​​mail list; fundraising benchmarks; China’s real estate bubble; union jokes; and Alex Ovechkin’s performance.

Photo: Flickr/​​Jason Lawrence How a cab medallion system is counterproductive: it introduces artificial scarcity and distorts drivers’ incentives. Russ Roberts points out that Japan’s fuel shortages are no mystery and that the solution isn’t more regulation. Shortages are a result of price controls that keep a scare product artificially inexpensive. Some fancy CSS work by Josh […]

The spending freeze; neoconservatism; Citizens United; and Conan O’Brien.