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Regulation

The Wisdom of the Marketplace

I understand as well as anyone the impulsive, almost instinctive desire to want to use government – in the form or tariffs, import restrictions, subsidies, legislation, etc. – to try to limit the impact of cheap (and often subsidized) foreign competition and the incursion of (often below market-value) offshore products. But time and time again, [...]

An Open Letter to Jay Timmons, President and CEO of the National Association of Manufacturers

Dear Mr. Timmons: I was recently finished a story in the New Republic detailing GOP resistance to the Obama Administration’s ongoing attempt to fund new science and technology research – and by extension, new product innovation.  And what disturbed me – beyond the absurd idea of stifling innovation in the interest of politics – was [...]

On Energy, Enterprise and the Strangest of Bedfellows

I only stumbled upon Bob Inglis by accident, and did so only late last week. I’ve never met the man, or even talked to him. But one of these days I hope to do both. I really do. For those of you who may not know, Inglis is a retired U.S. Senator from South Carolina. [...]