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Research on market solutions to today's problems, along with economics and technology news.



 



Tax reform proposal by next week?

Wed, 26 Apr 2017 12:30:03 CDT







President Obama returns to the stage

Wed, 26 Apr 2017 12:30:03 CDT




The trials of a captive audience member

Wed, 26 Apr 2017 12:30:03 CDT













When celebrity overwhelms character

Wed, 26 Apr 2017 12:30:02 CDT




At home and not working

Wed, 26 Apr 2017 12:30:02 CDT













The risks to the classical-liberal order

Wed, 26 Apr 2017 12:30:01 CDT



















Venezuela inches toward collapse

Wed, 26 Apr 2017 12:30:01 CDT




Child-care workers in DC now need college degrees

Tue, 04 Apr 2017 11:15:06 CDT

That's per a mandate from the municipal government. Like many such regulations, it sounds noble on the surface -- like it will result in children getting better care. But it's important to see that this could equally be viewed as a barrier to entry that will keep competitors from entering the market to supply child care, and according to the Washington Post's story on the subject, the market is already extremely tight. Beware what's happening in the market for labor overall: When new barriers to entry are put up, they're rarely taken down. It's common (but foolish) practice to make it harder for people to compete on the merits of their work rather than on the licenses, degrees, and certifications they can earn -- because once people earn those things, they have an incentive to use them to keep other people out.



"American economic sclerosis"

Tue, 04 Apr 2017 11:15:06 CDT




Bryzzo Souvenirs is expanding

Tue, 04 Apr 2017 11:15:06 CDT













We need to talk about a few things, America

Tue, 04 Apr 2017 11:15:06 CDT




Russia turns to diplomatic nihilism

Tue, 04 Apr 2017 11:15:06 CDT




Real independence

Tue, 04 Apr 2017 11:15:06 CDT




Painting the DC Metro stations

Tue, 04 Apr 2017 11:15:06 CDT




Back to worrying about the EMP

Tue, 04 Apr 2017 11:15:06 CDT




"He's already rich"

Tue, 04 Apr 2017 11:15:05 CDT

In an interview with The Atlantic, Rep. Jason Chaffetz, who is chair of the House Oversight Committee, dismissed a question about whether the President might seek to take advantage of his position for monetary gain. His response is wrong -- or, at best, supremely naive -- for at least four reasons.





















Venezuela's supreme court undertakes a coup

Tue, 04 Apr 2017 11:15:04 CDT




Get ready for a loopy future in oil prices

Tue, 04 Apr 2017 11:15:04 CDT













The UK files for divorce

Tue, 04 Apr 2017 11:15:03 CDT













On Scott Pelley's style of news delivery

Tue, 04 Apr 2017 11:15:02 CDT










Severe weather season has arrived

Tue, 04 Apr 2017 11:15:02 CDT
















Treasury Secretary is wildly naive about the rise of artificial intelligence

Tue, 04 Apr 2017 11:15:01 CDT

In an interview, Treasury Secretary Steve Mnuchin said that the impact of artificial intelligence on the labor market is "not even on our radar screen" -- not even on a scale of decades. He's wrong. And being wrong about something like that makes it very difficult to make informed policy decisions and recommendations. Artificial intelligence is having an impact on the labor market already. It'll destroy some jobs, create others, and enhance still more.



That's a lot of golf

Tue, 04 Apr 2017 11:15:01 CDT