Articles from April 2012

ARTICLES 27 APR 12

ECONOMICS / BUSINESS The NYT unsurprisingly prints a stupid headline.   Price controls ALWAYS create shortages and black markets.  Sellers will rarely be willing to part with their valuable commodities for less than they are worth and there is always someone who will pay more because they need the product.     “History has shown that [...]

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ARTICLES 21 APR 12

ECONOMICS / BUSINESS This is very well written article from Walter Russell Mead , revisiting a problem I’ve written about and posted articles on before.     Here’s a topic I’ve written about numerous times. I’m glad to see someone else making this argument against the lack of robustness created by “one-size-fits-all” regulations.     [...]

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ARTICLES 12 APR 12

ECONOMICS / BUSINESS Here’s an article which recommends a sensible policy solution, essentially reverse the very misguided “Full Employment and Balanced Growth Act,” which in 1978 gave the Fed it’s 2nd, contradictory, mandate and destroyed any hope that the Fed could be an effective institution.     Finally good news on the economy! Last week [...]

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