Archive for Joe Cobb
The Economics of Good Intentions
Joe Cobb is the Heritage Foundation’s John M. Olin Fellow in Economics. Thomas Sowell’s book, A Conflict of Visions (1987), is highly recommended for a more detailed discussion of the ideas in this essay. Lawmakers often accuse one another of bad motives, or misguided proposals to help the wrong people. But anyone who runs for [...]
1Aug1995 | Joe Cobb | 1 comment | ContinuedInformation in the Market
Joe Cobb is an economist with the Congressional Joint Economic Committee. During the “energy crisis” of the 1970s there were many false rumors about major oil companies hoarding petroleum to keep prices high. When the U.S. Department of Energy was created in 1977, one of its main branches was the Energy Information Administration. This agency [...]
1Apr1985 | Joe Cobb | 1 comment | ContinuedPlanning for an Emergency? Let the Market Work!
On September 30, 1981, the Emergency Petroleum Allocation Act will expire. Some members of Congress and the Department of Energy are beginning to think about extending the emergency provisions of the law, or drafting new standby plans. The National Petroleum Council’s committee on U.S. emergency preparedness has begun work on a study of the nation’s [...]
1Mar1981 | Joe Cobb | 0 comments | ContinuedThe Myth of the Stable Price Level
Mr. Cobb Is director of energy policy with the Council for a Competitive Economy, Washington, D.C. Inflation has become a way of life for most Americans, changing the values they place on saving for the future as opposed to consuming luxury goods today. When all prices are seen as rising, why should you try to [...]
1Oct1980 | Joe Cobb | 1 comment | ContinuedConspiracy Economics
Viewing an action without regard for its consequences leads to wrong conclusions.
1Dec1975 | Joe Cobb | 0 comments | ContinuedThe Gold Standard and Fractional-Reserve Banking
The problem lies in the law declaring paper to be legal tender.
1Sep1975 | Joe Cobb | 6 comments | Continued-
The Latest
Contraception: Insuring the Uninsurable
Update below. Controversy rages over the Obama administration’s mandate that all employers – including... Read More
The Snow Plowers’ Petition
The following might have happened in a small college town in upstate New York… In a cold and snowy... Read More
Super Bowl versus Education?
In the spirit of Super Bowl weekend I’d like to deconstruct a Facebook status update that a friend... Read More
Capitalism, Corporatism, and the Freed Market
When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are... Read More
Creating Jobs versus Creating Value
Picking on New York Times columnist Paul Krugman is one of the largest participation sports on the Internet.... Read More
