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The Folly of Legislating against Unfairness |
Legislating against unfairness in order to achieve "equal" outcomes is like legislating against the wind. While government has little control over outcomes, its predations can make those outcomes worse. |
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Inverted, Recessed, and Hung Out to Dry |
The Fed for many years has manipulated the money supply in order to attempt to keep interest rates below market levels. At some point, however, the market prevails in one way or another. |
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Krugman: Harris Hasn’t Proposed Price Controls and It’s Good That She Did |
Krugman-the-textbook-author says price ceilings have terrible consequences. Krugman-the-columnist says they're "reasonable." |
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