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Price Savings in GHG Regulations: The Flexible Standard

I recently wrote an entry on the estimated effects of recent EPA ozone regulations.  In short, the EPA is currently finalizing rules regulating greenhouse gas (GHG) emissions from existing steam-boilers and refineries.  My entry quantifies the estimated negative impacts on the U.S. economy. A study by Dallas Burtraw, Anthony Paul, and Matt Woerman addresses possible … Continue reading →

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American Exceptionalism

“The multiculturalism movement must be unmasked for the fraud that it is. There are superior cultures, and ours is one of them.”-Mitt Romney A quick look at the Republican presidential candidates for 2012 will reveal a very clear theme: American Exceptionalism. Romney, Gingrich, Bachman. You’d be hard pressed to find a candidate who does not … Continue reading →

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DC Residents Dishonest?

As a Midwesterner, I was not surprised that Chicago ranked first in “honesty” in the social experiment/PR ploy recently conducted by Honest Tea. As someone who has lived in DC for 9 years, our capital’s third-to-last ranking didn’t surprise me much either. From my favorite local real estate blog Urban Turf: “On Tuesday, Honest Tea … Continue reading →

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Markets and Healthcare

One of the great academic accomplishments of our time is our understanding of markets. They are powerful. They can enable human beings to make the most of scarce resources. I believe in having a market economy. Now let me add a caveat. While I do believe in markets, I also acknowledge market failures (externalities, monopolies, … Continue reading →