As debt-limit talks heat up, President Obama told Rep. Eric Cantor, “Don’t call my bluff.”
This implies that he was bluffing.
If the President wants to win the negotiations, he would be better off keeping that information to himself.
As debt-limit talks heat up, President Obama told Rep. Eric Cantor, “Don’t call my bluff.”
This implies that he was bluffing.
If the President wants to win the negotiations, he would be better off keeping that information to himself.
Comments Off on Bad Negotiating Tactics
Posted in Argumentation, Political Animals, Spending
Tagged cantopr, debt limit, debt limit negotiations, obama, raising the debt limit
This video is based on article by National Journal‘s Jonathan Rauch, which you can read here. I also recommend Rauch’s excellent book Government’s End.
Comments Off on If Air Travel Worked Like Health Care
Posted in Health Care
Tagged government's end, Health Care, if health care worked like air travel, jonathan rauch, national journal
Today’s Los Angeles Times:
The highest-paid state employee in California last year, a prison surgeon who took home $777,423, has a history of mental illness, was fired once for alleged incompetence and has not been allowed to treat an inmate for six years because medical supervisors don’t trust his clinical skills.
Comments Off on There Is Nothing Left to Cut
Posted in Spending
Tagged california, la times, public sector pay
Apparently British regulators don’t think their subjects are sponge-worthy. A long-running annual carnival event in Ulverston where participants throw wet sponges at each other was shut down last week by health and safety regulators.
They feared that the sponges would pick up dirt and grit from hitting the ground. Subsequent throws could then injure participants. Somebody could lose an eye.
The waterfight did happen as scheduled, fortunately. Instead of sponges, the combatants used Super Soaker squirt guns, which apparently comply with British health and safety regulations.
Comments Off on Regulation of the Day 183: Throwing Wet Sponges
Posted in Nanny State, Regulation of the Day
Tagged health and safety, health and safety regulations, uk, uk health and safety regulations
Comments Off on TSA Pats Down 6-Year Old Boy
Posted in Security Theater
It’s because people rely on ad hominems and straw-man arguments. These leave the opponents’ actual arguments untouched, and resolve nothing.
So true is it that, in science as elsewhere, we fight for and against not men and things as they are, but for and against the caricatures we make of them.
-Joseph Schumpter, History of Economic Analysis, p. 90.
Comments Off on Schumpeter on Why People Are Bad at Arguing
Posted in Argumentation, Books, Economics, Great Thinkers
Having solved the state’s fiscal crisis, California’s state legislature has moved on to more important issues, such as the legal definition of “hot dog.” According to S.B. 946 [PDF, p. 32], that definition is:
“Hot dog” means a whole, cured, cooked sausage that is skinless or stuffed in a casing, may be served in a bun or roll, and is also known as a bologna, frank, frankfurter, furter, garlic bologna, knockwurst, red hot, Vienna, or wiener.
The intention is to differentiate cooked hot dogs from uncooked sausage products.
Most states have part-time legislatures. California’s is one of the few full-time bodies. Every so often, there are calls to change that; maybe this hot dog bill will spark someone to move on that much-needed reform.
Comments Off on Regulation of the Day 182: The Definition of a Hot Dog
Posted in regulation
Tagged california, california sb 946, definition of hot dog, hot dogs, sb 946
People seem to want a government that solves problems. They have gotten exactly what they asked for. In the U.S., regulatory agencies employ over 270,000 problem-solvers. Worldwide, there are even more. When there are that many regulators, they will come up with some very creative problems to solve. The next someone tells you the economy is dangerously unregulated, refer them to this list:
Modern America isn’t the only time or place where regulators pay astonishing attention to detail. Just for fun, here are a few strange rules from the other side the Atlantic:
Comments Off on Strangely Specific Regulations
Posted in regulation
Tagged alaska, detailed regulations, early antitrust regulations, england, italy, new hampshire, obscure regulations, specific regulations, turin, ventriloquism
One federal government study says federal regulations cost $1.75 trillion. Another says it’s $62 billion. The difference is almost a factor of 30. Vice President for Policy Wayne Crews compares the two, and talks about the hazards of calculating regulatory costs and benefits. As it turns out, $1.75 trillion might be an understatement.
Comments Off on CEI Podcast for July 7, 2011: How Much Does Regulation Cost?
Posted in CEI Podcast, regulation
Tagged cass sunstein, mark crain, nicole crain, oira, omb, regulation podcast, regulatory benefits, regulatory costs, sba
One of the best arguments for free markets is that bad things happen when businesses and government get together. As with church and state, it’s better to keep them separate. DC residents are finding that out for themselves, as this video about proposed taxi regulations shows.
Comments Off on Proposed DC Taxi Regulations Would Harm Drivers, Customers
Posted in Competition, Economics, Public Choice, regulation