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Megan McArdle has a post on government involvement in the economy, focusing on currency controls. While international finance makes my head ache, I think her concluding simile applies to more government regulation situations than just currency: In general, the more the state intervenes in an economy, the worse that economy performs. Statists argue that this …

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Megan McArdle has a post on government involvement in the economy, focusing on currency controls. While international finance makes my head ache, I think her concluding simile applies to more government regulation situations than just currency: In general, the more the state intervenes in an economy, the worse that economy performs. Statists argue that this …

Read More »

Megan McArdle has a post on government involvement in the economy, focusing on currency controls. While international finance makes my head ache, I think her concluding simile applies to more government regulation situations than just currency: In general, the more the state intervenes in an economy, the worse that economy performs. Statists argue that this …

Read More »

MORE ON ETHANOL: This Washington Post article from last week discusses the extent to which ethanol production and its increase will be a part of the Senate energy bill proposal, on which the Senate springs back into action this week. How has ethanol become so deeply embedded in federal energy policy, even though it’s expensive, …

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MORE ON ETHANOL: This Washington Post article from last week discusses the extent to which ethanol production and its increase will be a part of the Senate energy bill proposal, on which the Senate springs back into action this week. How has ethanol become so deeply embedded in federal energy policy, even though it’s expensive, …

Read More »

MORE ON ETHANOL: This Washington Post article from last week discusses the extent to which ethanol production and its increase will be a part of the Senate energy bill proposal, on which the Senate springs back into action this week. How has ethanol become so deeply embedded in federal energy policy, even though it’s expensive, …

Read More »

MORE ON ETHANOL: This Washington Post article from last week discusses the extent to which ethanol production and its increase will be a part of the Senate energy bill proposal, on which the Senate springs back into action this week. How has ethanol become so deeply embedded in federal energy policy, even though it’s expensive, …

Read More »

HEY! I just noticed that today is my one-year anniversary here … and it’s been jolly fun and intellectually gratifying. Thanks!

HEY! I just noticed that today is my one-year anniversary here … and it’s been jolly fun and intellectually gratifying. Thanks!

HEY! I just noticed that today is my one-year anniversary here … and it’s been jolly fun and intellectually gratifying. Thanks!