by Henry Oliner | Dec 4, 2019 | Business
From Kevin Williamson at National Review, We Are Not Winning the Trade War: The problem with winning a race to the bottom is that you end up at the bottom. Being poor is the worst kind of competitive advantage to have, and only two kinds of people pursue that...
by Henry Oliner | Dec 3, 2019 | Business
In today’s Wall Street Journal Aneesh Raghunanden and Shiva Rajgopa wrote Is There Real Virtue Behind the Business Roundatable Signaling?: (may experience a paywall) The Business Roundtable made a big splash in August by “modernizing its principles on the role...
by Henry Oliner | Nov 22, 2019 | Business, Economics, Politics, Progressivism
from Jonah Goldberg at National Review, Opponents of ‘Unfettered Capitalism’ Are Fighting a Phantom: If the Progressive Era was a response to unfettered capitalism, did it accomplish nothing? Teddy Roosevelt broke up the trusts, regulated the food supply, created the...
by Henry Oliner | Nov 8, 2019 | Business, Health Care, Politics, Progressivism
From today’s Wall Street Journal, Universal Health Care Makes Politics Sick by Joseph Sternberg: Britain’s political class knows all too well the perils of a state-run health system. And I don’t mean the abysmal health outcomes the U.K.’s National Health Service...
by Henry Oliner | Nov 7, 2019 | Business, Politics, Progressivism
From ‘The Great Reversal’ Review: When Bigger Is Not Better” . in the Wall Street Journal: Mr. Philippon, a professor of finance at New York University’s Stern School of Business, begins “The Great Reversal” with a simple observation: “Why on earth are US cell...
by Henry Oliner | Jun 28, 2019 | Business, Economics
There are several economic concepts of relatively recent origin that I find fascinating. Regulatory capture is the ability of industries being regulated by the central government to influence those regulations for their own benefit. Similarly, rent seeking is the...
