Economic Freedom Series: Why Do I need a Prescription for Contact Lenses?
Economy / Healthcare / Regulation

Economic Freedom Series: Why Do I need a Prescription for Contact Lenses?

The Federal Trade Commission (FTC) and Federal Drug Administration (FDA) have infringed upon my economic liberties. Collectively, these government bodies created an inefficient marketplace that burdens contact lens retailers and consumers. In hopes of curtailing market power granted to contact lens prescribers by FDA regulation, the FTC designed the Fairness to Contact Lens Consumer Act … Continue reading

Economic Freedom Series: Why Economic Freedom is Important
Economy / Fiscal policy

Economic Freedom Series: Why Economic Freedom is Important

Economic freedom gives individuals the ability to pursue self-wants in the most efficient way possible—via the market. Many laws and regulations, in the name of consumer protections or marketplace fairness, take away our fundamental right of economic freedom. Continue reading

Can Oil and Gas, Government, and Environmentalists Work Together?
Energy / Environment

Can Oil and Gas, Government, and Environmentalists Work Together?

It must be frustrating for President Obama when his policies make no one happy. Recently the administration announced plans to regulate methane emissions, and while the oil and gas industry grumbled about new regulations and added costs, environmental groups complained the new measures don’t go far enough. Is it possible for policymakers to appease environmental … Continue reading

U.S. Businesses Dodging Taxes?  IRS Pulls Reins Tighter
Economy / Regulation / Tax / Taxes

U.S. Businesses Dodging Taxes? IRS Pulls Reins Tighter

The Internal Revenue Service (IRS) and the U.S. Department of Treasury issued a Notice (Notice 2014-52) last Monday that would further their efforts to prevent U.S. companies from using an increasingly prevalent tactic known as inversion to lower their tax bill. Conventionally, an inversion is a negotiation in which a U.S. multinational company restructures with a foreign … Continue reading

The Hazards of Increased Fuel Standards
Politics

The Hazards of Increased Fuel Standards

Attempts to increase fuel efficiency could end up being a greater burden than benefit for the majority of car owners. A major policy objective for the Obama administration is increased fuel efficiency, and in the past five years, several ambitious regulations have been approved which require that car manufactures produce vehicles with greater fuel efficiency. An American … Continue reading

Volcker and The Capital Asset Pricing Model: Enforcing Ineffective Regulation Since 2013?
Economy / Fiscal policy / Regulation / U.S. Domestic Policy

Volcker and The Capital Asset Pricing Model: Enforcing Ineffective Regulation Since 2013?

One fundamental principle of financial markets is the relationship between risk and return. This tenet is reflected in the Capital Asset Pricing Model (CAPM), the workhorse of security pricing, where the return required by investors is measured by adding the risk free rate (such as a treasury bond) to a market risk premium, adjusted for … Continue reading