Regulation
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Supermarket Merger Muddle
“Traditional supermarkets have been losing a great deal of market share to those excluded from that definition.” ~Gary Galles
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Destroying Creative Destruction: Volkswagen, Germany, and the Will to Power
“Bureaucratic sclerosis displays its own cycles of creative destruction.” ~Paul Schwennesen
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Alfred Marshall’s Scissors
“There is simply no necessary relationship between cost and price.” ~Michael Munger
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Ford’s Massive Retreat From EVs, Explained
“The costs of listening to industry experts and politicians in Washington instead of consumers — and profits — have been severe.” ~Jon Miltimore
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The Supreme Court Reshuffles the Regulatory Deck
“The protections afforded by Loper Bright make for settled expectations that better conform to everyday notions of fairness.” ~Dan Greenberg and David McFadden
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Kroger Invests $1B in Antitrust Defense
“Consumers would be better served if companies could spend more time on improving their services and less on fending off litigation.” ~Noah C. Gould
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Harris’s ‘Joy’ Would Cost US Dearly
“Economists have a duty to point out just how destructive these proposals are.” ~Alexander W. Salter
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Users, Not Regulators, Decide When Google Will Fall
“Congress should Google the benefits of economic freedom and also search up how to curtail the gargantuan levels of government spending…a bulging bureaucratic state is more costly for Americans than the growing success of our most innovative firms.” ~Kimberlee Josephson
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Does a Construction Cartel Explain Rising Rents?
“Stoller and Quintero may well be right that home-builder concentration does reduce housing supply and raise costs, but it hasn’t been proven yet, and it’s at best a minor factor compared to the zoning restrictions.” ~Jason Sorens
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Regulatory Burden Falls Hardest on the Poor
“Occupational licensing — the costly requirement of a license to be engaged in a particular profession — has grown massively in recent decades. Many of the new regulations fall on low- and medium-income professions.” ~Vincent Geloso
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Favor Monopolies over Federal Meddling
“Thus, the monopoly status of a firm is not a problem if consumers are happy and entrepreneurs aren’t hampered. Moreover, competition is of no use if greater value can’t be attained or cost savings can’t be accrued.” ~Kimberlee Josephson
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More Money Can’t Solve Poverty
“From a high of almost 35 percent after World War Two, the poverty rate had already fallen to 19 percent in 1964. It continued its downward trend over the next few years, then has stagnated between 10 percent and 15 percent ever since.” ~Nikolai Wenzel
