Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Truth on the Market There is an embarrassing blind spot in the behavioral law and economics literature with respect to implementation of policy whether via legislation or administrative agency.  James Cooper and William Kovacic — both currently at the Federal Trade Commission as Attorney Advisor Commissioner, respectively — aim to fill this gap with a …

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University paternalism and the outwardly-focused student movement

April 26, 2016

Family Inequality

I’m not going to join  the criticism of the students at Yale, because I don’t know all that they’re going through. From a distance the symbolic things (like emails about Halloween costumes) that spark massive reactions often appear out of scale. Straws that break camels’ backs appear weightless.

So just two thoughts to share inspired by recent events.

Universities shouldn’t be in this business

A lot of people were taken aback by the casual way that Black students refer to Nicholas Christakis as the “master” of Silliman College. That archaic paternalism is not just linguistic.

I’ve previous argued that, although they do have legal and ethical obligations to respond to sexual assault on campus, colleges shouldn’t be in the business of investigating and punishing those crimes. They are terrible at it, their intervention downgrades sexual assault from crime to (student) women’s issue, and the campus system separates sexual assault (and its…

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Originally posted on croaking cassandra:
I’ve written previously, and skeptically, about the financial capability strategy the government released last year. It is something of a wonder that civilisations have reached their current prosperity and sophistication without the aid of governments and their officials strategizing and pontificating about what we, citizens, “need” to know about money.  “Building…

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A critical aspect of a land tax rarely addressed in public debate is its “economic incidence – or who actually bears the burden of the – tax  as opposed to its statutory incidence, or who literally pays the tax. John Key has floated a land tax as an option to deal with rising land prices …

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The Westfield Valley Fair Mall is half in San Jose city and half in Santa Clara city. In 2012, San Jose raised its minimum wage from $8 to $10 per hour. National Public Radio in 2014 had a brilliant broadcast on the implications of this new city minimum wage law on the Westfield Valley Fair …

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A new World Bank study shows the dramatic reductions in global poverty and inequality as a result of the spread of market institutions and freer trade. Source: Capitalism, Global Trade, and the Reduction in Poverty and Inequality | Cato @ Liberty

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