In writing about a recent bizarrely bad decision by the FDA, David Henderson gives reason for Art Carden to revise upward his “estimate of the probability that government failure is a much larger problem than market failure.”
My Mercatus Center colleague Christine McDaniel is pleased that Joe Biden, in his nomination-acceptance speech, said very little about trade (although what little he did say is Trumpian in substance if not in style).
The national conventions long ago stopped being a place where any real news might happen or where unscripted events would reveal something authentic or telling. The shift to online-only underscores the reality that the DNC and RNC are infomercials pitched to the parties’ bases rather than events designed to reach out to uncommitted voters. The rest of us will simply have to bide our time for a more substantive discussion of the country’s uncertain future.