The labor market is one of the most regulated markets in our economy. Minimum wage laws effectively tell teenagers they cannot work unless they can produce $7.25 an hour. When the ObamaCare mandate kicks in next year, that hurdle will climb to more than $15 an hour for many potential employees. OSHA regulations dictate what risks workers […]
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As bad as the political persecution of conservatives by the IRS is—and it is really bad—if the IRS were to replace half of its workforce with tea party members, problems would remain. Let me explain how I know this. President Obama’s announcement that Acting Commissioner Steven T. Miller would take the fall for the IRS […]
Read MoreThis column is an exploratory essay and I welcome your suggestions. I’m thinking of creating the Greater Yellowstone Policy Salon Series, an adventure in intellectual and policy entrepreneurship. Let’s unpack this new idea and I hope influence change for the better. There is a huge potential for policy reform in nearly every arena of American […]
Read MoreTop 10 Ways to Talk about Libertarianism By David Boaz I give a lot of speeches and interviews about libertarianism. Often I have to begin simply by explaining what libertarianism is. Always I’m looking for effective ways to convey the essential libertarian ideas. So today I’m just setting out very briefly my Top 10 Ways to […]
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Armen Alchian never won a Nobel Prize in economics. But no less than Friedrich Hayek said he ‘deserved’ one. In 1975, I attended a week-long conference in Connecticut at which the star attraction was Friedrich Hayek. Hayek, who had shared the 1974 Nobel Prize in economics with Swedish economist Gunnar Myrdal, was doing a kind […]
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