Posts Tagged: Regulation

Monday Links: Artificial Scarcity

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 […]

Obamacare, TARP and the Separation of Powers

Charles Kesler has an important article in the May 17 issue of National Review (republished online over at Claremont Conservative) on the importance of constitutionalism. The penultimate paragraph highlights the importance of restoring the Constitution to its rightful place: In the current crisis, conservative efforts to restore the separation of powers may even be more […]