Archive for Bruce Yandle
Bruce Yandle is Alumni Distinguished Professor of Economics Emeritus, Clemson University; Distinguished Adjunct Professor of Economics, Mercatus Center, George Mason University; and Senior Scholar, PERC. He is coauthor with Andrew P. Morriss and Andrew Dorchak of Regulation by Litigation.
The Politics of Happiness: What Government Can Learn from New Research on Well-Being
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.—That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed. . [...]
25May2011 | Bruce Yandle | 1 comment | ContinuedProducing Jobs: Thoughts on Obama’s Plan for Small Businesses
The ears of small business America must have perked up when President Obama spoke about that critically important sector in his State of the Union address. Mine certainly did. Here’s when it really got interesting: “I’m . . . proposing a new small business tax credit—one that will go to over one million small businesses [...]
20May2010 | Bruce Yandle | 2 comments | ContinuedMr. Obama and the Bankers: “Doin’ What Comes Natur’lly”
Speaking to a very receptive Elyria, Ohio, crowd a few months ago, President Obama took off the gloves and promised that he was ready to fight to provide more jobs, improved education, and security from the threat of bankruptcy for homeowners. Turning his attention to the Wall Street bankers, who had just announced another round [...]
20Apr2010 | Bruce Yandle | 1 comment | ContinuedProducing Jobs: Thoughts on Obama’s Plan for Small Businesses
Too many policy boulders are being dropped in the water. One can hardly determine the effects of one before another one is thrown in the pool.
9Feb2010 | Bruce Yandle | 10 comments | ContinuedMr. Obama and the Bankers: “Doin’ What Comes Natur’lly”
Maybe the banks do get it. Maybe, just maybe, we, the electorate, and our political representatives are the ones who don’t get it.
26Jan2010 | Bruce Yandle | 5 comments | Continued“We Want to be Regulated”
Efforts in Washington to write a major climate-change law are causing some Bootlegger/Baptist coalitions to fall apart and new ones to emerge. In late September Exelon Corporation, a major electric utility, followed industry partners Pacific Gas & Electric (PG&E) and PNM when it resigned from the U.S. Chamber of Commerce. The Chamber opposed the Waxman-Markey [...]
5Jan2010 | Bruce Yandle | 6 comments | ContinuedEPA’s Endangerment Finding Endangers Economy
EPA Administrator Lisa Jackson announced on Monday that agency scientists, taking into account hundreds of thousands of comments, had determined that carbon and other greenhouse-gas emissions endanger the health and safety of the U.S. population. The EPA finding followed Supreme Court instructions to the agency to determine if greenhouse gases should be regulated under the [...]
10Dec2009 | Bruce Yandle | 3 comments | ContinuedCash for Clunkers Was a Loser
President Obama’s Cash for Clunkers program, inspired by the Consumer Assistance to Recycle and Save Act, ended August 25, 2009. As I drove through a major shopping area that day, I passed a large and highly successful Toyota dealer. Just past the sparkling showroom and sparsely populated lot of new cars, “clunkers” sat in a [...]
18Nov2009 | Bruce Yandle | 5 comments | ContinuedRegulating Executive Pay Can Reduce Systemic Risk
Late last month White House pay czar Ken Feinberg unveiled executive pay rules for 175 key players in the nation’s seven-firm TARP-assisted sector. The new rules generated different bundles of base and incentive pay for the affected executives, along with a good bit of grumbling and grousing. Unsullied by the frowns and accompanying warnings that [...]
4Nov2009 | Bruce Yandle | 23 comments | ContinuedThe Myth of Unregulated Tobacco
On June 22, President Obama signed the Family Smoking Prevention and Tobacco Control Act (FSPTCA), a law that gives the U.S. Food and Drug Administration (FDA) regulatory authority over tobacco products. The law requires the FDA to develop a new tobacco-regulation center with all related costs to be covered by fees paid by the industry. [...]
19Aug2009 | Bruce Yandle | 0 comments | ContinuedBootleggers, Baptists, and Bailed-Out Bankers
For more than a year now, people worldwide have experienced an extraordinary chain of economic events. Led by crushing increases in U.S. mortgage-related bankruptcies, the world financial collapse that followed has been termed the subprime crisis, the financial meltdown, the Wall Street bailout, the beginning of another Great Depression, and even the end of capitalism [...]
2Mar2009 | Bruce Yandle | 6 comments | ContinuedClearing the Air: The Real Story of the War on Air Pollution
From the mid-1960s on into the early 1980s, it seemed obvious: Were it not for the benevolent protection provided by the federal government, America’s smoke-filled cities and slime-ridden rivers would have become environmental wastelands. The caves were beckoning. Somehow simultaneously struck dumb, citizens by the millions happily traded the last smidgen of clean air for [...]
1Oct2000 | Bruce Yandle | 0 comments | ContinuedPolicy Analysis and Public Choice: Selected Papers by William A. Niskanen
This volume has much to recommend it. First off, William Niskanen, chairman of the Cato Institute, presents an organized collection of 34 papers that span his interesting and productive 40-year career as a professional economist. Never so technical as to restrict access to readers of policy analysis, the papers cover issues as diverse as school [...]
1Jun1999 | Bruce Yandle | 1 comment | ContinuedThe Commons: Tragedy or Triumph?
In the summer I watch ruby-throated hummingbirds fly and hover near a feeder that my wife, Dot, carefully fills with nectar and hangs in view of our kitchen window. The store-bought nectar is colored red, since people think that hummingbirds find that color attractive. Business around the feeder picks up following rains that wash away [...]
1Apr1999 | Bruce Yandle | 9 comments | ContinuedEnviro-Capitalists: Doing Good While Doing Well by Terry A. Anderson and Donald R. Leal
Rowman & Littlefield Publishers, Inc. • 1997 • 189 pages • $52.50 cloth; $16.95 paperback Writing about Austrian economics and the market process, Israel Kirzner explains how entrepreneurs play a crucial role in discovering products, markets, and processes for improving human welfare (Journal of Economic Literature, March 1997). The interesting aspect of all this is [...]
1Feb1999 | Bruce Yandle | 0 comments | ContinuedThe Golden Age at Risk
What a wonderful world! Wait a minute. What about the Asia meltdown and declining stock market values? What about horrible ongoing civil wars and terrorism that plague large numbers of people on the planet? What about scandals in high public office? Impeachment? Wonderful? In spite of all this, we know that more people are experiencing [...]
1Dec1998 | Bruce Yandle | 2 comments | ContinuedProperty Matters and Property Rights: Understanding Government Takings and Environmental Regulation
It has now been almost three decades since the beginning of the federal environmental misadventure, a period that saw the rise of the regulatory state and the erosion of private-property rights. During this time, federal statutes, regulations, and centralized control have systematically replaced a diverse mix of decentralized common-law rules, state statutes, and local ordinances, [...]
1Jun1998 | Bruce Yandle | 0 comments | Continued-
The Latest
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Capitalism, Corporatism, and the Freed Market
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Creating Jobs versus Creating Value
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