Michael Giberson Alex Tabarrok is circulating an open letter to the President and Members of Congress reflecting the consensus opinion of economists on the costs and overall net benefits of immigration. In conjunction with the Independent Institute, Alex is seeking as many signatures as possible from economists and other social scientists. For me, immigration has …
Michael Giberson First ninjas, and now the Gun Owners of America have come out fighting for “net neutrality.” PFF wordslinger Randolph May ably defends open competition against the would-be regulators with a well-aimed long blog post, “Way Off Target.”
Michael Giberson The policy wonks at the Progress and Freedom Foundation have long worked to oppose the creation of overly restrictive “network neutrality” regulations, for example releasing the “The Digital Age Communications Act?s Regulatory Framework and Network Neutrality: A Statement of the DACA Regulatory Framework Working Group” by Randolph May, James Speta, Kyle Dixon, James …
Michael Giberson Peter Singer posts a short piece, “Why pay more for fairness?“, critical of the views of Cato Institute’s Brink Lindsay on Fair Trade coffee. Lindsay responds at Cato@Liberty. Lindsay quotes Singer saying: Pro-market economists don?t object to corporations that blatantly use snob appeal to promote their products…. So why be critical when consumers …
Michael Giberson You have read about prediction markets, maybe you have even participated in one, and now you want to go to the next level. You have an idea for a market, but you don?t know how to make one. Even if you have the technical know how to set up a market, if you …
Michael Giberson Historian Roy Medvedev looked through the files of Stalin’s political prisoners and concluded that 200,000 people were imprisoned for telling jokes, such as this: Three prisoners in the gulag get to talking about why they are there. “I am here because I always got to work five minutes late, and they charged me …
Michael Giberson Locals and tourists in New Orleans celebrated the first weekend of Jazzfest this past Friday, Saturday, and Sunday; I?ll be joining the fun this coming weekend. This year?s 37th annual festival is slightly scaled back from a year ago ? the second weekend is only three days rather than last year?s four-day event …
Michael Giberson Catallarchy is hosting May Day 2006: A Day of Remembrance, to which Randall McElroy offers a commemoratory on the Berlin Wall. He quotes John F. Kennedy?s speech in Berlin: Freedom has many difficulties, and democracy is not perfect. But we have never had to put a wall up to keep our people in?to …
Michael Giberson The Washington Post ran a good story on gasoline prices on the front page of today’s edition. But the following sentence caught my eye, and raised perhaps imponderable questions: “In the absence of a clear explanation, members of Congress have jumped into the fray.” After enough members of Congress jump into a fray, …
Michael Giberson There was a time when the economics of public utilities was probably the sleepiest of back corners of practical economics. People went into utility economics for the same reasons that widows invested in utility stocks: so they could sleep soundly at night. No so much anymore. As luck has it, retail price caps …
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