Jerry Ellig of Mercatus has a piece on Real Clear Markets on “Seeking Rational Regulatory Reform.” He points out that President Obama’s recent executive order, “Improving Regulation and Regulatory Review,” is a continuation of three decades of effort by the … read more
One of the most ridiculous regulatory actions of the past few years (and that is a stiff competition) has been the move to require low-flow toilets in the interests of water conservation, even for those areas in which water is … read more
In Kelo v. City of New London (2005), the Supreme Court restated as a “long . . . accepted” constitutional principle of the Fifth Amendment’s takings clause “that the sovereign may not take the property of A for the sole … read more
When seeking understanding of some perplexing political development, I often find illumination by considering the elementary tenets of game theory, as set forth in such works as The Rise and Decline of Nations, The Strategy of Conflict, Prisoner’s Dilemma, and … read more
After I voted in Arlington, Virginia, I was interviewed for a couple of minutes by Canadian TV. I was picked after I had spent a minute talking with the Republican poll watchers, and I think that that—combined with my unshaven … read more
