Congress often gets a collective bum rap when its individual members do precisely what most of their constituents want them to do. But a House committee’s bull-headed insistence on censoring results of important medical research makes one think of commentator…
Magnetation threat illustrates problems of state by state regulation
To paraphrase an adage, “Oh what a tangled web we create when first we decide to regulate.” One example of this is the current kerfuffle about Magnetation Inc.’s threat to locate a proposed iron ore processing plant in Superior, Wis.,…
Want a strong defense? Are you willing to pay for it?
Life is all about tradeoffs. That is the core of economics and it applies to military spending as much as anywhere else. Politicians are all for strong defense, but not all of them are willing to take a stand on…
Life under the gold standard wasn’t golden for all
Ron Paul’s chances of making it to the White House may be small, but his campaign is a wonderful gift to econ profs, since his ideas are particularly popular among young people. Those who like his ideas generally are willing…