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Category Archives: Monopolization / Regulation

For at least four thousand years (see the blog post by Tom DiLorenzo), political leaders in monarchies and democracies alike have instituted price ceilings.  The results have always been the same: chronic shortages.  Anyone who has read my posts here, especially my recent posts, have found me lamenting both the pharmaceutical shortages in the US […]

The shortages in Venezuela, as I have discussed in previous posts, are due to price ceilings which suppress the quantity offered on the market while encouraging extra consumption. Low prices also encourage exports of those price controlled items and discourage imports.  As a result, people in Venezuela are continuously frustrated in their basic attempts to buy […]

In my blog posts here, I usually provide links to news articles concerning the topic at hand.  Not this time.  Instead, I will just suggest that reader search news.google.com for water shortages.  What should be noted is that there is no shortage of news articles on water shortages.  Articles on climate change and business location […]

Recently, I attended a beautiful Cajun funeral. The music during Mass was definitely Cajun, with fiddle and accordion players playing wonderfully.  The casket was beautiful Louisiana bald cypress, hand crafted by the Benedictine monks of St. Joseph Abbey.  I have written about these caskets and the controversy here.  If you check out some of the […]

This past November, 26th, I posted the following short piece to this blog. For several years, I and others have pointed to Intrade.com as a premier forecasting tool, a betting market or prediction market.  Take a look at this blog’s archives in the category “Prediction Markets.”  Intrade has been far more accurate at predicting elections […]

Here is a thoughtful critique of the President’s minimum wage proposal, and this is from his former Chair of the President’s Council of Economic Advisers, Christina Romer that appeared in the New York Times on 3-2-13.  Of course, a few days ago, I posted this piece on the minimum wage here on Bastiat’s Bastions.  So, […]

One contender for this year’s Nobel Prize in Economics is Stanford economist Paul Romer, son of a Colorado governor. You should note that Romer is the developer of “Aplia,” a homework, quizzing, and practice software system that he sold a few years ago to Cengage. Aplia is the homework and quizzing software that is currently […]

Once you buy something, is it really yours?  If it were yours, wouldn’t you be able to resell it if you wanted to?  These are questions at the heart of a new case before the U.S. Supreme Court that you can read about here.  The case involves something that many college students should be able […]

Just as many California drivers thought they were being sent to their doom with prices nearing $6 a gallon at some stations, California’s Democratic Gov. Jerry Brown has called on California’s air quality regulators to allow an early switch to the less strict winter blend of gasoline, a blend that produces smog more easily than the […]

Matt Damon has proven over and over to be a talented actor and screenwriter.  In December, he will be coming out with a pro-environmental movie about fracking to extract natural gas and petroleum from certain rock structures, a movie titled Promised Land.  No doubt, Matt Damon is an environmentalist–he believes in this new project. A […]

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