By no means the least of the technologies the microprocessor has changed profoundly is the technology of war. When World War II ended, a Cold War quickly developed between the two so-called superpowers, the United States and the Soviet Union. Although
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Beyond the issue that regulations that add complexity are part of the problem they seek to solve, regulations are often used as competitive leverage of one corporation over another. While limited debit card fees to 12 cents may create a
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A theme I have visited frequently in this blog is the myth that more regulations make us safer or fairer. Often I point out that complex rules and regulation favor established big businesses at the expensive of smaller companies that
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In the June 2011 Commentary Wiliam Voegli writes Why Corporations Love Regulations (requires subscription- also in hard copy) The industrial policy of Japan was once heralded as the epitome of the success of central planning, government by the experts. Now
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In the June 2011 Commentary Wiliam Voegli writes Why Corporations Love Regulations An excerpt: The heart of the dispute over debit-card fees, for example, is a provision in last year’s Dodd-Frank Wall Street Reform and Consumer Protection Act ordering the
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From “The Report of our Death was Greatly Exaggerated” The Conservative Resurgence by Wilfred M. McClay in the November 2010 Commentary Magazine (hard copy): There is a great deal of genteel moaning in the air about civility, or the lack
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The July / August double issue of Commentary is one the best in some time. Excerpts from James Glassman’s Notes on Europe’s Economic Decadence Prosperity, it seems, can bring sloth, which in turn disrupts the virtuous cycle, though not immediately.
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In yet another misuse of statistics we are criticized for having less broadband access in the United States than other countries like Korea and Japan. The Organization of Economic Cooperation and Development (OECD) measure subscriptions per 100 persons and by
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In October 2008 the Center for Disease Control placed the United States 29th in infant mortality. Canada shows 5.3 deaths per 1,000; vs the US with 6.9 deaths per 1,000. But U.S infant mortality is explained by the proportion of
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Our Greatest Military Secret
By no means the least of the technologies the microprocessor has changed profoundly is the technology of war. When World War II ended, a Cold War quickly developed between the two so-called superpowers, the United States and the Soviet Union. Although