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	<title>Inertia Wins! &#187; Publications</title>
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		<title>Inertia Wins! &#187; Publications</title>
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		<title>My Job Creation Proposal</title>
		<link>http://inertiawins.com/2011/11/16/my-job-creation-proposal/</link>
		<comments>http://inertiawins.com/2011/11/16/my-job-creation-proposal/#comments</comments>
		<pubDate>Wed, 16 Nov 2011 17:02:57 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[american spectator]]></category>
		<category><![CDATA[creating jobs]]></category>
		<category><![CDATA[employment]]></category>
		<category><![CDATA[job creation]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[michigan]]></category>
		<category><![CDATA[winter]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=4758</guid>
		<description><![CDATA[Over at The American Spectator, I break down the debate over regulation's impact on the job market and propose one regulation that could create countless jobs: <a href="http://inertiawins.com/2011/11/16/my-job-creation-proposal/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=4758&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://inertiawins.files.wordpress.com/2011/11/snow-shoveling.jpg"><img class="aligncenter size-medium wp-image-4759" title="snow-shoveling" src="http://inertiawins.files.wordpress.com/2011/11/snow-shoveling.jpg?w=286&#038;h=300" alt="" width="286" height="300" /></a>Over at <a href="http://spectator.org/archives/2011/11/16/my-job-creation-proposal"><em>The American Spectator</em></a>, I break down the debate over regulation&#8217;s impact on the job market and propose one regulation that could create countless jobs:</p>
<blockquote><p>As everyone knows, winter is coming. And many of the nation&#8217;s least-employed states will see a lot of snow this year. Already, giant snowplows are beginning to traverse the highways and byways of Michigan, Ohio, and other states going through hard times. With these plows, one man can do the work of a hundred.</p>
<p>I say we ban snowplows and hand out some shovels.</p>
<p>Think about it for a minute. In Michigan alone, nearly 520,000 people are looking for a job and can&#8217;t find one. Tens of thousands of miles of roads zig and zag across the state. If this winter lives up to lofty Midwestern standards, it&#8217;s possible that every last one of those 520,000 could work at least part time clearing the way for their fellow citizens. And all because of regulation!</p></blockquote>
<p>I do enjoy economic humor. Read the whole thing <a href="http://spectator.org/archives/2011/11/16/my-job-creation-proposal">here</a>.</p>
<br />Filed under: <a href='http://inertiawins.com/category/economics/'>Economics</a>, <a href='http://inertiawins.com/category/publications/'>Publications</a>, <a href='http://inertiawins.com/category/regulation/'>regulation</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/inertiawins.wordpress.com/4758/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/inertiawins.wordpress.com/4758/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/inertiawins.wordpress.com/4758/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/inertiawins.wordpress.com/4758/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/inertiawins.wordpress.com/4758/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/inertiawins.wordpress.com/4758/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/inertiawins.wordpress.com/4758/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/inertiawins.wordpress.com/4758/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/inertiawins.wordpress.com/4758/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/inertiawins.wordpress.com/4758/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/inertiawins.wordpress.com/4758/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/inertiawins.wordpress.com/4758/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/inertiawins.wordpress.com/4758/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/inertiawins.wordpress.com/4758/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=4758&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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		<title>Yes, Regulation Does Keep Unemployment High</title>
		<link>http://inertiawins.com/2011/10/31/yes-regulation-does-keep-unemployment-high/</link>
		<comments>http://inertiawins.com/2011/10/31/yes-regulation-does-keep-unemployment-high/#comments</comments>
		<pubDate>Mon, 31 Oct 2011 14:37:09 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Business Cycles]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[basic economics]]></category>
		<category><![CDATA[jan eberly]]></category>
		<category><![CDATA[law of demand]]></category>
		<category><![CDATA[realclearmarkets]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=4701</guid>
		<description><![CDATA[Over at RealClearMarkets, my colleague Wayne Crews and I argue that the law of demand holds. Hard to believe that's actually controversial, but that's Washington for you. <a href="http://inertiawins.com/2011/10/31/yes-regulation-does-keep-unemployment-high/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=4701&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Over at RealClearMarkets, my colleague Wayne Crews and I argue that <a href="http://www.realclearmarkets.com/articles/2011/10/31/yes_regulation_does_keep_unemployment_high_99338.html">the law of demand holds</a>. Hard to believe that&#8217;s actually controversial, but that&#8217;s Washington for you. Here&#8217;s our conclusion:</p>
<blockquote><p>Eberly was put in an uncomfortable position when she came to Washington. Just as a lawyer&#8217;s job is to vigorously defend clients even if she knows they are guilty, Eberly&#8217;s job is to vigorously defend policies that are obviously harmful to the economy. Try as she might, she cannot argue against the law of demand.</p>
<p>Regulations make hiring costlier and thus make jobs scarcer. And regulatory uncertainty makes companies reluctant to hire employees they might not be able to afford down the road. Case closed.</p></blockquote>
<p><a href="http://www.realclearmarkets.com/articles/2011/10/31/yes_regulation_does_keep_unemployment_high_99338.html">Read the whole thing</a>.</p>
<br />Filed under: <a href='http://inertiawins.com/category/economics/business-cycles/'>Business Cycles</a>, <a href='http://inertiawins.com/category/economics/'>Economics</a>, <a href='http://inertiawins.com/category/publications/'>Publications</a>, <a href='http://inertiawins.com/category/regulation/'>regulation</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/inertiawins.wordpress.com/4701/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/inertiawins.wordpress.com/4701/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/inertiawins.wordpress.com/4701/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/inertiawins.wordpress.com/4701/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/inertiawins.wordpress.com/4701/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/inertiawins.wordpress.com/4701/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/inertiawins.wordpress.com/4701/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/inertiawins.wordpress.com/4701/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/inertiawins.wordpress.com/4701/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/inertiawins.wordpress.com/4701/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/inertiawins.wordpress.com/4701/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/inertiawins.wordpress.com/4701/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/inertiawins.wordpress.com/4701/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/inertiawins.wordpress.com/4701/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=4701&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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		<title>The Physics Nobel and Human Achievement</title>
		<link>http://inertiawins.com/2011/10/04/the-physics-nobel-and-human-achievement/</link>
		<comments>http://inertiawins.com/2011/10/04/the-physics-nobel-and-human-achievement/#comments</comments>
		<pubDate>Tue, 04 Oct 2011 17:38:41 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Publications]]></category>
		<category><![CDATA[Science]]></category>
		<category><![CDATA[accelerating universe]]></category>
		<category><![CDATA[Adam Reiss]]></category>
		<category><![CDATA[Brian Schmidt]]></category>
		<category><![CDATA[daily caller]]></category>
		<category><![CDATA[nobel]]></category>
		<category><![CDATA[physics nobel]]></category>
		<category><![CDATA[Saul Perlmutter]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=4610</guid>
		<description><![CDATA[The Daily Caller was kind enough to run an article I wrote about this year's physics Nobel laureates, Saul Perlmutter, Brian Schmidt, and Adam Reiss. They discovered the accelerating universe. <a href="http://inertiawins.com/2011/10/04/the-physics-nobel-and-human-achievement/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=4610&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>While we&#8217;re on the topic of human achievement, The Daily Caller was kind enough to run an article I wrote about this year&#8217;s <a href="http://dailycaller.com/2011/10/04/physics-nobel-rewards-human-achievement/">physics Nobel laureates</a>, Saul Perlmutter, Brian Schmidt, and Adam Reiss. They discovered the accelerating universe. Here&#8217;s a taste:</p>
<blockquote><p>Perlmutter, Schmidt, and Reiss have shrunk man’s already tiny position in both space and time. But they — and we — still stand tall. If little old us can look through a metal tube with glass discs stuck in it (or radio telescopes, which rely on light we can’t even see), and infer from dim and ancient supernovae, millions of light years away, that the universe’s expansion is accelerating — well, that’s a very big achievement for such a small species.</p>
<p>And we’re capable of much, much more. Our universe may die in ice in the distant future. But until then, we will live well. Or rather, we will so long as human achievements like Perlmutter, Schmidt, and Reiss’ are encouraged, valued, and rewarded.</p></blockquote>
<p>Read the whole thing <a href="http://dailycaller.com/2011/10/04/physics-nobel-rewards-human-achievement/">here</a>. Interested readers might also enjoy Mario Livio&#8217;s book <a href="http://www.amazon.com/Accelerating-Universe-Infinite-Expansion-Cosmological/dp/047132969X"><em>The Accelerating Universe</em></a> and Fred Adams and Greg Laughlin&#8217;s <a href="http://www.amazon.com/Five-Ages-Universe-Physics-Eternity/dp/0684865769/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1317749737&amp;sr=1-1"><em>Five Ages of the Universe: Inside the Physics of Eternity</em></a>.</p>
<br />Filed under: <a href='http://inertiawins.com/category/publications/'>Publications</a>, <a href='http://inertiawins.com/category/science/'>Science</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/inertiawins.wordpress.com/4610/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/inertiawins.wordpress.com/4610/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/inertiawins.wordpress.com/4610/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/inertiawins.wordpress.com/4610/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/inertiawins.wordpress.com/4610/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/inertiawins.wordpress.com/4610/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/inertiawins.wordpress.com/4610/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/inertiawins.wordpress.com/4610/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/inertiawins.wordpress.com/4610/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/inertiawins.wordpress.com/4610/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/inertiawins.wordpress.com/4610/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/inertiawins.wordpress.com/4610/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/inertiawins.wordpress.com/4610/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/inertiawins.wordpress.com/4610/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=4610&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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		<title>The Big Repeal</title>
		<link>http://inertiawins.com/2011/08/09/the-big-repeal/</link>
		<comments>http://inertiawins.com/2011/08/09/the-big-repeal/#comments</comments>
		<pubDate>Tue, 09 Aug 2011 13:59:19 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Publications]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[american spectator]]></category>
		<category><![CDATA[institutional reform]]></category>
		<category><![CDATA[institutionalism]]></category>
		<category><![CDATA[reforming regulation]]></category>
		<category><![CDATA[reg reform]]></category>
		<category><![CDATA[regulatory reform]]></category>
		<category><![CDATA[regulatory sunsets]]></category>
		<category><![CDATA[repeal amendment]]></category>
		<category><![CDATA[repeal committee]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=4283</guid>
		<description><![CDATA[Congress and the White House have typically been reluctant to repeal any laws or regulations, regardless of which party is in power. The solution? Change the institutional rules of the game to give them an incentive to repeal laws. <a href="http://inertiawins.com/2011/08/09/the-big-repeal/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=4283&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Congress and the White House have typically been reluctant to repeal any laws or regulations, regardless of which party is in power. The solution? Change the institutional rules of the game to give them an incentive to repeal laws. CEI Research Associate Jacque Otto and I expound on that idea in <em><a href="http://spectator.org/archives/2011/08/09/the-big-repeal">The American Spectator</a></em>.</p>
<p>One reform would be a Repeal Amendment to the Constitution. That would give states a veto power over federal laws if two thirds of them vote for repeal. Georgetown law professor Randy Barnett has already drafted some language:</p>
<blockquote><p>Any provision of law or regulation of the United States may be repealed by the several states, and such repeal shall be effective when the legislatures of two-thirds of the several states approve resolutions for this purpose that particularly describe the same provision or provisions of law or regulation to be repealed.</p></blockquote>
<p>We have other ideas:</p>
<blockquote><p>Short of that, the House and Senate could establish repeal committees. These committees would be unable to pass laws and regulations, only to repeal them. Its members would be ineligible to sit on other committees. The only accomplishments they would be able to tout to voters would be how much they lighten Washington&#8217;s heavy hand.</p>
<p>Another option is to add an automatic sunset provision to all new regulations &#8212; meaning that they would expire after, say, five years unless specifically reauthorized by Congress. This kind of regulatory expiration date would ensure that only the truly necessary ones stay in the books.</p></blockquote>
<p>Read the whole thing <a href="http://spectator.org/archives/2011/08/09/the-big-repeal">here</a>.</p>
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		<title>Liberalize High-Skilled Immigration</title>
		<link>http://inertiawins.com/2011/05/31/liberalize-high-skilled-immigration/</link>
		<comments>http://inertiawins.com/2011/05/31/liberalize-high-skilled-immigration/#comments</comments>
		<pubDate>Tue, 31 May 2011 18:16:18 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Immigration]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[high-skilled immigration]]></category>
		<category><![CDATA[iimigration]]></category>
		<category><![CDATA[immigration reform]]></category>
		<category><![CDATA[jeff flake]]></category>
		<category><![CDATA[jeffrey lin]]></category>
		<category><![CDATA[staple act]]></category>
		<category><![CDATA[stem fields]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=3901</guid>
		<description><![CDATA[Over at the Daily Caller, Alex Nowrasteh and I tell the story of Jeffrey Lin. He is a Ph.D student at CalTech who holds three patents, has invented a device that would cure glaucoma, and is planning to start his own business. And he might get kicked out of the country. <a href="http://inertiawins.com/2011/05/31/liberalize-high-skilled-immigration/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3901&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Over at the <a href="http://dailycaller.com/2011/05/31/immigration-reform-can-jumpstart-economic-recovery/">Daily Caller</a>, CEI policy analyst Alex Nowrasteh and I tell the story of Jeffrey Lin. He is a Ph.D student at CalTech who holds three patents, has invented a device that would cure glaucoma, and is planning to start his own business to make his device and get it to people who need it. Who knows how many jobs he&#8217;ll create in the coming years?</p>
<p>Under current immigration law, Jeffrey might well be kicked out of the country. What did he do wrong? He was born in Taiwan.</p>
<p>Jeffrey came to the U.S. because of its top-notch universities. He&#8217;d like to stay here because the entrepreneurial environment and available engineering talent are better than anywhere in the world. He can create new jobs and new technologies here in America. Or, as under the current immigration system, he can create them elsewhere. This situation cries for reform.</p>
<p>Rep. Jeff Flake of Arizona has proposed just such a reform. His new bill, the STAPLE Act, would basically staple a green card to the diploma of any international student who earns a Master&#8217;s or a Ph.D from a U.S. university in fields like the sciences, technology, engineering, or mathematics.</p>
<p>It isn&#8217;t comprehensive immigration reform. But it would help hundreds of thousands of people like Jeffrey Lin, and it would help boost an ailing U.S. economy.</p>
<p>You can read our entire article <a href="http://dailycaller.com/2011/05/31/immigration-reform-can-jumpstart-economic-recovery/">here</a>.</p>
<br />Filed under: <a href='http://inertiawins.com/category/immigration/'>Immigration</a>, <a href='http://inertiawins.com/category/publications/'>Publications</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/inertiawins.wordpress.com/3901/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/inertiawins.wordpress.com/3901/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/inertiawins.wordpress.com/3901/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/inertiawins.wordpress.com/3901/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/inertiawins.wordpress.com/3901/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/inertiawins.wordpress.com/3901/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/inertiawins.wordpress.com/3901/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/inertiawins.wordpress.com/3901/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/inertiawins.wordpress.com/3901/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/inertiawins.wordpress.com/3901/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/inertiawins.wordpress.com/3901/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/inertiawins.wordpress.com/3901/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/inertiawins.wordpress.com/3901/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/inertiawins.wordpress.com/3901/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3901&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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		<title>Congressional Economics</title>
		<link>http://inertiawins.com/2011/05/10/congressional-economics/</link>
		<comments>http://inertiawins.com/2011/05/10/congressional-economics/#comments</comments>
		<pubDate>Tue, 10 May 2011 14:40:02 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[The Market Process]]></category>
		<category><![CDATA[american spectator]]></category>
		<category><![CDATA[apple]]></category>
		<category><![CDATA[constitutional amendments]]></category>
		<category><![CDATA[economics lessons]]></category>
		<category><![CDATA[ipad]]></category>
		<category><![CDATA[jess jackson jr.]]></category>
		<category><![CDATA[paper]]></category>
		<category><![CDATA[paper industry]]></category>
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		<category><![CDATA[rights]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=3812</guid>
		<description><![CDATA[Congress might as well pass a law guaranteeing an above-average lifestyle for all Americans. <a href="http://inertiawins.com/2011/05/10/congressional-economics/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3812&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Some people think that the only reason poverty still exists is because Congress hasn&#8217;t passed laws guaranteeing the right to decent housing, health, and education.</p>
<p>Some of these people are in Congress. Over at <em>The American Spectator</em>, my colleague Jacqueline Otto and I <a href="http://spectator.org/archives/2011/05/10/congressional-economics">explain</a> why their hearts are in the right place, but their heads aren&#8217;t:</p>
<blockquote><p>Suppose that poverty really can be abolished by passing a few laws. Jackson isn&#8217;t going nearly far enough, then. The Constitution should guarantee everyone not just a decent home, but a mansion filled with servants to take care of every need.</p>
<p>Everyone should have the right to not just a doctor&#8217;s visit every 6 months, but a cadre of specialists with access to the latest technologies and tests. This would be a boon for life expectancy.</p>
<p>And why only an iPod and a laptop for children? They deserve supercomputers! And the right to a Harvard Ph.D. Such a law would give America the most educated population in the world; though it would probably know the least.</p>
<p>Congress might as well pass a law guaranteeing an above-average lifestyle for all Americans.</p></blockquote>
<br />Filed under: <a href='http://inertiawins.com/category/economics/'>Economics</a>, <a href='http://inertiawins.com/category/publications/'>Publications</a>, <a href='http://inertiawins.com/category/economics/the-market-process/'>The Market Process</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/inertiawins.wordpress.com/3812/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/inertiawins.wordpress.com/3812/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/inertiawins.wordpress.com/3812/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/inertiawins.wordpress.com/3812/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/inertiawins.wordpress.com/3812/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/inertiawins.wordpress.com/3812/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/inertiawins.wordpress.com/3812/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/inertiawins.wordpress.com/3812/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/inertiawins.wordpress.com/3812/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/inertiawins.wordpress.com/3812/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/inertiawins.wordpress.com/3812/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/inertiawins.wordpress.com/3812/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/inertiawins.wordpress.com/3812/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/inertiawins.wordpress.com/3812/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3812&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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		<title>Free Trade Agreements Don’t Kill Jobs</title>
		<link>http://inertiawins.com/2011/05/04/free-trade-agreements-don%e2%80%99t-kill-jobs/</link>
		<comments>http://inertiawins.com/2011/05/04/free-trade-agreements-don%e2%80%99t-kill-jobs/#comments</comments>
		<pubDate>Wed, 04 May 2011 18:42:27 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[Trade]]></category>
		<category><![CDATA[bafta]]></category>
		<category><![CDATA[daily caller]]></category>
		<category><![CDATA[free trade]]></category>
		<category><![CDATA[free trade agreements]]></category>
		<category><![CDATA[fta]]></category>
		<category><![CDATA[korea fta]]></category>
		<category><![CDATA[panama fta]]></category>
		<category><![CDATA[south korea fta]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=3781</guid>
		<description><![CDATA[Over at the Daily Caller, I look at employment data and find out that the labor force has grown by 23 million people since NAFTA passed. Doesn’t sound like a job-killer, does it? <a href="http://inertiawins.com/2011/05/04/free-trade-agreements-don%e2%80%99t-kill-jobs/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3781&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Trade is going to be a hot issue this summer. Pending free trade agreements with Panama, Colombia, and South Korea might finally pass. Opponents of liberalization are already on the attack.</p>
<p>My colleague Jacque Otto already <a href="http://www.openmarket.org/2011/05/04/free-trade-a-step-towards-revitalizing-the-economy/#more-40601">covered</a> the <a href="http://www.econlib.org/library/Enc/CreativeDestruction.html">creative destruction</a> defense of trade today. Over at the <a href="http://dailycaller.com/2011/05/04/trade-agreements-dont-kill-jobs/">Daily Caller</a>, I look at employment data and find out that the labor force has grown by 23 million people since NAFTA passed. Doesn’t sound like a job-killer, does it?</p>
<p>Just as trade doesn’t kill jobs on net, neither does it create them on net. The real advantage of trade is that it allows people to specialize and become more productive. That is how economic growth happens:</p>
<blockquote><p>When governments lower trade barriers, they allow more people to exchange and to work together. In economics jargon, the size of the relevant market gets bigger. And the bigger the relevant market, the more people can specialize.</p>
<p>Readers familiar with Adam Smith will recognize this as his division of labor. Everyone knows that specialized workers are more productive than jacks of all trades. That’s why Henry Ford’s assembly lines were so much more productive than his competitors’. The same number of people could suddenly produce more cars in less time, because they had a more specialized division of labor.</p>
<p>Workers didn’t have to waste time switching from one task to another. They got very good at their tasks. And because they knew their jobs so well, they were better able to come up with new, better ways of doing them. Rising productivity is how an economy grows. Prosperity doesn’t depend on the number of jobs. It depends on <em>how much stuff</em> workers can create.</p></blockquote>
<br />Filed under: <a href='http://inertiawins.com/category/economics/'>Economics</a>, <a href='http://inertiawins.com/category/publications/'>Publications</a>, <a href='http://inertiawins.com/category/economics/trade/'>Trade</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/inertiawins.wordpress.com/3781/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/inertiawins.wordpress.com/3781/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/inertiawins.wordpress.com/3781/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/inertiawins.wordpress.com/3781/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/inertiawins.wordpress.com/3781/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/inertiawins.wordpress.com/3781/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/inertiawins.wordpress.com/3781/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/inertiawins.wordpress.com/3781/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/inertiawins.wordpress.com/3781/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/inertiawins.wordpress.com/3781/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/inertiawins.wordpress.com/3781/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/inertiawins.wordpress.com/3781/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/inertiawins.wordpress.com/3781/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/inertiawins.wordpress.com/3781/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3781&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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		<title>Substantive Reform Must Include Cutting Regulatory Burdens</title>
		<link>http://inertiawins.com/2011/04/28/substantive-reform-must-include-cutting-regulatory-burdens/</link>
		<comments>http://inertiawins.com/2011/04/28/substantive-reform-must-include-cutting-regulatory-burdens/#comments</comments>
		<pubDate>Thu, 28 Apr 2011 15:52:01 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[ibd]]></category>
		<category><![CDATA[investor's business daily]]></category>
		<category><![CDATA[regulation without representation]]></category>
		<category><![CDATA[regulatory reform]]></category>
		<category><![CDATA[wayne crews]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=3730</guid>
		<description><![CDATA[In today's Investor's Business Daily, Wayne Crews and I argue that reformers shouldn't forget about regulation: <a href="http://inertiawins.com/2011/04/28/substantive-reform-must-include-cutting-regulatory-burdens/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3730&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Spending, deficits, and taxes are getting all the attention from reformers in both parties. In today&#8217;s <em>Investor&#8217;s Business Daily</em>, <a href="http://www.investors.com/NewsAndAnalysis/Article/570342/201104271827/Regulation-Cuts-Must-Be-Part-Of-Serious-Reform.htm">Wayne Crews and I argue that regulation is not to be forgotten</a>:</p>
<blockquote><p>Regulations cost the average business $8,086 per employee per year. Small businesses are especially hard-hit. Firms with fewer than 20 employees pay $10,585 per employee per year for regulatory compliance, according to the Crains&#8217; report. When hiring employees becomes more expensive, fewer get hired. No wonder unemployment is so persistent.</p></blockquote>
<p>We also offer up some reform ideas:</p>
<blockquote><p>One reform is to purge the books of obsolete and clearly harmful rules. There is no need for Washington to have rules still on the books for a Y2K crisis that never even materialized. Nor is there any need for it to regulate the size of holes in Swiss cheese, which it does in great detail.</p>
<p>President Obama should appoint an annual bipartisan commission to comb through the Code of Federal Regulations and recommend rules for elimination. Congress would then be required to vote up-or-down on the package without amendment.</p></blockquote>
<p>Read the article <a href="http://www.investors.com/NewsAndAnalysis/Article/570342/201104271827/Regulation-Cuts-Must-Be-Part-Of-Serious-Reform.htm">here</a>; for more intellectual ammunition, see the just-released 2011 edition of Wayne&#8217;s &#8220;<a href="http://cei.org/10kc">Ten Thousand Commandments</a>&#8221; study.</p>
<br />Filed under: <a href='http://inertiawins.com/category/economics/'>Economics</a>, <a href='http://inertiawins.com/category/publications/'>Publications</a>, <a href='http://inertiawins.com/category/regulation/'>regulation</a>  <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gocomments/inertiawins.wordpress.com/3730/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/comments/inertiawins.wordpress.com/3730/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godelicious/inertiawins.wordpress.com/3730/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/delicious/inertiawins.wordpress.com/3730/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gofacebook/inertiawins.wordpress.com/3730/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/facebook/inertiawins.wordpress.com/3730/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gotwitter/inertiawins.wordpress.com/3730/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/twitter/inertiawins.wordpress.com/3730/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/gostumble/inertiawins.wordpress.com/3730/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/stumble/inertiawins.wordpress.com/3730/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/godigg/inertiawins.wordpress.com/3730/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/digg/inertiawins.wordpress.com/3730/" /></a> <a rel="nofollow" href="http://feeds.wordpress.com/1.0/goreddit/inertiawins.wordpress.com/3730/"><img alt="" border="0" src="http://feeds.wordpress.com/1.0/reddit/inertiawins.wordpress.com/3730/" /></a> <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3730&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></content:encoded>
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		<title>Regulation: The Hidden Tax</title>
		<link>http://inertiawins.com/2011/04/25/regulation-the-hidden-tax/</link>
		<comments>http://inertiawins.com/2011/04/25/regulation-the-hidden-tax/#comments</comments>
		<pubDate>Mon, 25 Apr 2011 14:37:22 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Economics]]></category>
		<category><![CDATA[Publications]]></category>
		<category><![CDATA[regulation]]></category>
		<category><![CDATA[10kc]]></category>
		<category><![CDATA[regulatory reform]]></category>
		<category><![CDATA[ten thousand commandments]]></category>
		<category><![CDATA[wayne crews]]></category>

		<guid isPermaLink="false">http://inertiawins.com/?p=3704</guid>
		<description><![CDATA[Wayne Crews and I have a piece in today's Sacramento Bee summarizing the main findings of Wayne's "Ten Thousand Commandments" study. <a href="http://inertiawins.com/2011/04/25/regulation-the-hidden-tax/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3704&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Wayne Crews and I have a piece in today&#8217;s <a href="http://www.sacbee.com/2011/04/25/3576633/regulation-the-hidden-tax.html"><em>Sacramento Bee</em></a> summarizing the main findings of Wayne&#8217;s &#8220;<a href="http://cei.org/10kc">Ten Thousand Commandments</a>&#8221; study. We also point out that regulatory costs are not limited to the $1.75 trillion it takes to comply with them:</p>
<blockquote><p>The total cost of federal regulation is $1.75 trillion. That&#8217;s true in terms of money. But money isn&#8217;t everything. Regulation also has opportunity costs. Workers spend millions of man-hours every year filling out forms and following procedures. That time could be spent on other things instead, such as finding ways to lower costs, improve quality and increase worker productivity. When there&#8217;s too much regulation, progress and innovation slow down.</p>
<p>There is a second opportunity cost that is often overlooked. Companies don&#8217;t sit idly by when regulators propose new rules. They try to influence the process. Most companies, especially larger ones, often favor new regulations in their industries. They will pay lobbyists a lot of money to influence the rules in a favorable way &#8211; say, by handicapping a competitor.</p></blockquote>
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		<title>In Politics, Inertia Always Wins</title>
		<link>http://inertiawins.com/2011/04/14/in-politics-inertia-always-wins/</link>
		<comments>http://inertiawins.com/2011/04/14/in-politics-inertia-always-wins/#comments</comments>
		<pubDate>Thu, 14 Apr 2011 21:22:06 +0000</pubDate>
		<dc:creator>Ryan Young</dc:creator>
				<category><![CDATA[Publications]]></category>
		<category><![CDATA[Spending]]></category>
		<category><![CDATA[The Partisan Mind]]></category>
		<category><![CDATA[budget deal]]></category>
		<category><![CDATA[cbo]]></category>
		<category><![CDATA[continuing resolution]]></category>
		<category><![CDATA[daily caller]]></category>
		<category><![CDATA[inretia]]></category>
		<category><![CDATA[partisanship]]></category>

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		<description><![CDATA[In The Daily Caller, I point out that the budget deal is one more example of the iron law of politics -- inertia always wins. <a href="http://inertiawins.com/2011/04/14/in-politics-inertia-always-wins/">Continue reading <span class="meta-nav">&#8594;</span></a><img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=inertiawins.com&amp;blog=9849750&amp;post=3645&amp;subd=inertiawins&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>The GOP has been bragging that its budget deal that passed the House today will save $38 billion. The CBO took a closer look, and it turns out the actual figure is $353 million, or 0.02 percent of this year&#8217;s budget deficit.</p>
<p>In <a href="http://bit.ly/gvaiw0">The Daily Caller</a>, I point out that this is one more example of the iron law of politics &#8212; inertia always wins.</p>
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