All Posts Tagged With: "Charles Schumer"

Ten Years After

After 9/11 the U.S. Congress created the Department of Homeland Security and the Transportation Security Administration (TSA). America went to war, overtly and covertly, in several countries. Nearly $8 trillion was spent on what is called “security,” Chris Hellman of the National Priorities Project estimates. Was it worth it? Yes, in many ways, says author [...]

30Nov2011 | John Stossel | 4 comments | Continued

Bad Regulation Drives Out Good

In 1969 economist Harold Demsetz identified a flaw in much public policy analysis, the “Nirvana Fallacy”: “The view that now pervades much public policy economics implicitly presents the relevant choice as between an ideal norm and an existing ‘imperfect’ institutional arrangement. This nirvana approach differs considerably from a comparative institution approach in which the relevant choice [...]

17Jun2009 | Sheldon Richman | 0 comments | Continued

TGIF: Bad Regulation Drives Out Good

In 1969 economist Harold Demsetz identified an important flaw in much public policy analysis, the “Nirvana Fallacy.” We would do well to keep it in mind as we think about solutions to the current economic problems. The rest of TGIF is here.

10Apr2009 | Sheldon Richman | 0 comments | Continued

Free-Trade Theory No Longer Applies?

In an op-ed in the January 6 New York Times, “liberal” U.S. Senator Charles Schumer and conservative economist Paul Craig Roberts tapped into the anxiety felt by many Americans about their changing roles in the global economy. The authors argued that new economic conditions undermine the classic argument for free trade: The case for free [...]

1May2004 | Gene Callahan | 0 comments | Continued
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