- Cafe Hayek - https://cafehayek.com -

Some Links

Tweet [1]

As I suggested yesterday [2], and – on a different matter – as Bob Murphy suggests elsewhere [3], Robert Reich’s knowledge of economics is no better than is a teenaged shoe-salesman’s knowledge of cardiology.

Speaking of former U.S. Secretary of Labor Robert Reich, Bob Hessen just sent to me Jonathan Rauch’s 1997 Slate review of Reich’s book Locked in the Cabinet [4].

Ilya Somin, my GMU colleague from over in the law school, addresses Pres. Obama’s support for mandatory voting [5].

John Cochrane rightly condemns government-imposed restrictions on the supply of medical care [6].  Here’s his opening paragraph:

In my view, health care supply restrictions are more important than the insurance or demand features that dominate public discussion. If you are spending your own money, yes, you shop for a good deal. But spending your own money in the face of restricted supply is like hailing a cab to LaGuardia at 5 o’clock on a rainy pre-Uber Friday afternoon. We need to free up innovative, disruptive health-care supply. Let the Southwest Airlines, Walmarts, Amazons and Apples in.

In the same vein, see Chris Conover [7].

Thomas MaCurdy’s study of the effects of minimum-wage legislation on output prices is now out; it’s in the April 2015 issue of the Journal of Political Economy [8].

Things at that great geyser of cronyism, the U.S. Export-Import Bank, are getting sleazy.  Tim Carney explains [9].

Norbert Michel exposes the ways that Dodd-Frank restricts competition among financial firms [10].

Share [11] Tweet [12] Share [13] Email [14] Print [15]

Comments