Some Links

by Don Boudreaux on September 9, 2014

in Competition, Crony Capitalism, Innovation, Other People's Money, Regulation, Subsidies, Taxes, Video

Over at Cato@Liberty, Walter Olson rightly celebrates the courage of the late Lillian Gobitis Klose.  (I myself never salute a flag, recite the collectivist and idiotic “Pledge of Allegiance,” or put my hand over my heart when other people do such things – things that are, to me, deeply repulsive.  Fortunately, in my not participating in these repulsive rituals I risk no more than harsh looks from people standing nearby.  I wonder if I would have had young Lillian Gobitis’s courage were I in her shoes.  I’d like to think so, but I honestly do not know that I would have.  As I think about, I must confess that I likely would not have had her courage.)

Also @ Cato@Liberty, Dan Ikenson writes with wisdom about the U.S. Export-Import Bank.

How much will an iPhone (or similar device) cost in the future?  Bret Swanson speculates.

Johnson & Wales University economists Stewart Dompe and Adam C. Smith (both of whom, btw, earned their doctorates at GMU) weigh in on Burger King’s re-headquartering in Canada.  Here’s their conclusion:

This competition among legal regimes is a powerful constraint on government—and that is a good thing for all of us. America has the second-highest corporate tax rate in the world—the highest when state taxes are included. The solution to this problem lies not in closing loopholes or imitating poor Oliver pleading for more, but in offering a simpler, more competitive tax system.

My Mercatus Center colleague Patrick McLaughlin demonstrates, in this short video, the bulk of U.S. government regulations:

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