I’ve decided my one legacy to the world is the phrase, “Bad government policy begets more bad government policy.” This term, which I am modestly calling Mitchell’s Law, describes what happens when government intervention (Fannie and Freddie, for example, or Medicare…
Daily Analysis
Driving Companies from the U.S. Market with too Much Regulation and Litigation
Almost every regulation presumably produces some benefit. The real issue is whether the benefits are significant and – even more important – whether they exceed the costs. Unfortunately, most regulations fail this common-sense test. A German magazine provides some…
The Dodd-Frank Bailout Bill and the Looming Red-Tape Nightmare
The Wall Street Journal opines about the number of new regulations that will be generated by the so-called financial reform legislation that has been approved by Congress. The big winners will by lawyers, the federal bureaucracy, and politicians. The big losers will…
Sexual and Racial Quotas and the Dodd-Frank Bailout Bill
Diana Furchtgott-Roth of the Hudson Institute provides an additional reason why the Dodd-Frank bailout legislation is bad for the American economy. But this shouldn’t be too surprising. Senator Dodd and Congressman Frank are akin to a couple of foxes designing rules…
The Nanny State and Toxic Light Bulbs
Deroy Murdock explains in National Review how politicians in Washington have imposed legislation – which most Americans still don’t know about – to ban traditional light bulbs. As American as the grand slam, the Mustang convertible, and the constitutional republic,…
Great Moments in Human Rights
Forget the Magna Carta and the Constitution. Finland is now on the cutting edge of protecting, promoting, and guaranteeing fundamental rights. As the BBC story excerpted below reports, Finland has announced that broadband access is now a legal right! Yes, you’re…