I’ve previously criticized George Mason economist Alex Tabarrok’s views on patents.1 For example, as noted in Patent Policy on the Back of a Napkin, Tabarrok makes a Laffer-curve style argument that patent rights are currently “too strong.” Of course, he is correct...
It is popular in Congress nowadays to make endless sound-bytes decrying an alleged rise of dangerous "extremism" in America. But what I call living a peaceful, normal, moral life, those people define as "extremist," and since they're experts at everything, I must be...
The Senate impeachment trial of former president Donald Trump confirms historian Henry Adams's adage a century ago that politics “has always been the systematic organization of hatreds.” The impeachment process was a farce that should fortify Americans’ disdain for...
Negative rates are the destruction of money, an economic aberration based on the mistakes of many central banks and some of their economists, who all start from a wrong diagnosis: the idea that economic agents do not take more credit or invest more because they choose...
Candidate Joe Biden promised not to abuse his executive authority or shut down the economy in order to fight the coronavirus. Instead, he said he would "listen to the science." An order limiting the ability of Americans to travel across state lines would violate all...
Oregon became the first state to decriminalize possession of otherwise illegal drugs. According to this Feb. 1 Associated Press article, “Police in Oregon can no longer arrest someone for possession of small amounts of heroin, methamphetamine, LSD, oxycodone and other...
The GameStop saga shows some "equity" movements are more equal than others. Stakeholder theory, the corporate version of social justice, attempts to install this hopelessly amorphous concept of "equity" in the business world. Equity, unlike equality, demands different...
A Requiem on Facts If you’ve ever heard me share my “origin story” you know that it’s a pretty common story for many. I was watching a 2007 presidential debate and this guy I had never heard of before, in the middle of the “War on Terror,” states plainly that the...
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