Towns Without Traffic Lights

This is something that the libertarian-leaning part of me really likes.  I'm not a big fan of roundabouts (mostly because Americans don't know how to drive in them), but I do like the idea of removing certain road items (like traffic lights) and letting people reach an equilibrium. I have two reservations with the idea,…

Unintended Consequences (Yet Again)

Gotta pass the bill to see what's in it.  And then watch in horror as people behave like rational actors rather than the mindless automatons you wanted.  So what is the natural reaction?  Take away choices until people do exactly what you want them to. Hint:  there are always unintended consequences.  The more onerous you make…

Kenny Lofton: Shut up

Paul Hoynes, Indians beat writer, interviewed Kenny Lofton about the Hall of Fame. Kenny threw out this gem. "I don't think Tim Raines is that much better than me," said Lofton. "I've got to compare myself to guys I played against, but again, they don't look at leadoff hitters as important parts of the game anymore.…

Another Day, Another Minimum Wage Hike

Bob Murphy does the yeoman's work on this.  First, he compares states with above-national minimum wage laws to those states in which the national minimum wage rate is the predominating amount.  The result comports fairly well with standard economic theory.  Bob also takes time to notice an inconvenient shift in personal belief and that yes,…

Lucky He’s Not A Republican

Republicans who make stupid comments about rape lose elctions.  Democrats who make stupid comments about rape get...nothing.  Joe Salazar's not the only Democrat in Colorado saying stupid things on the topic, either. Use passive resistance against rapists, women.  By "passive resistance," I, of course, mean take no action other than shooting the rapist in the face a…

Who Enforces This?

The Eurocrats want to tax all financial transactions relating to European companies, even when the transaction is between two non-EU-related individuals. Of course, the question would be, how would they possibly enforce this?  There was a reason to pay the danegelt, but why pay the eurogelt?  I doubt they'll go a-viking if you don't.