Regulation
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Is There a Problem? vs. Is this Competitive?
“Amazon’s offering lower prices compared to online rivals undercuts the FTC’s assertion that it is a proof of its monopolistic abuse, yet it is completely consistent with Amazon’s pro-consumer explanation.” ~Gary M. Galles
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The Original MAGA: Tariffs, Trade, and the True Cost of Protectionism
In this episode of Liberty Curious, Kate Wand sat down with Phillip W. Magness to discuss the true implications of tariffs and protectionism and how they have shaped America’s economic landscape.
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Leviathan Rising
“Much of the growth of the SEC can be seen as a variation of the ‘Baptists and bootleggers’ story, where the SEC is the bootlegger earning bigger budgets by combining with people who believe that its nostrums protect investors, even when they do not.” ~Robert E. Wright
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Badgers and Environmental Laws
“As ever more stringent measures are taken to ‘curb climate change,’ for instance, ever more anger will erupt over their impositions. The days of distant elites toying with our lives, in other words, are numbered.” ~Paul Schwennesen
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Transition This, Transition That
“As a civilization, we don’t replace prior energy sources; we add to them with better ones. Clarification: Better means cheaper or denser energy sources that therefore packs more punch.” ~Joakim Book
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Do Shortages Signal the Fragility of Free Trade?
“If protectionism makes supply chains more robust, then we should expect to see that in the data. A quick overview shows, however, that protected industries are more vulnerable to shocks than less-protected industries.” ~Jon Murphy
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Junk Insurance
“Obamacare offerings are often inferior to those available in the short-term market, even with huge taxpayer subsidies and transfers from the real suckers who are forced to overpay for their care.” ~Gary M. Galles
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The FTC’s Amazonian Snipe Hunt
“The FTC argues that Amazon’s market power inhibits the ability of competitors to enter the retail superstore marketplace. Such concerns are likely overblown.” ~David Gillette and Warren Barge
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Not Only to No Single Person, But to No Council or Senate Whatever
“Some Republicans’ apparent assumption that the American economy would benefit if American companies operated fully within the US badly misperceives the basic realities of globalized trade.” ~David B. McGarry
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Bookstore Protectionism
“Both past and present suits claimed that the problem was dominant sellers unfairly harming independents, which thereby undermined competition. But in that, they misrepresented both what competition means and who was harming less-successful competitors.” ~Gary M. Galles
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Abolish Parking Minimums. Yes, All of Them
“Zoning codes require parking based on rough estimates of demand for ‘free’ parking at the time of development, ignoring how subsequent economic changes could affect demand.” ~Jason Sorens
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Why Pfizer and Moderna Are Suddenly Charging 500 Percent More for COVID Shots
“Pfizer has a lot of leeway in the price it chooses to charge for its vaccine — especially when one considers almost all rival competitors have been sidelined by the Food and Drug Administration.” ~Jon Miltimore
