The discourse surrounding Argentina’s recent travails has validated George Stigler’s observation that “the quality of controversy is not only low but in fact declining…” The anointed—to use Thomas Sowell’s expression—have become instant experts on Argentina. Indeed, they have built a flourishing cottage industry that has spun an Argentine story based on preemptive rhetoric and a disregard for factual evidence. The overriding lesson to be learned from the musings of these so-called experts and camp followers in the press is caveat lector.
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In this issue of Regulation, Jonathan H. Adler and Nathaniel Stewart make the case for property-based fishery management, utilizing territorial or catch-share allocation among fishery participants. Also in this issue, Michael L. Wachter explores the relationship between the much-maligned National Labor Relations Act and the decline in union membership.
April 17, 2014
College Accreditation in the Crosshairs: Panel II: Are the Feds a Threat to Accreditors and Colleges?
April 16, 2014
Latest CommentaryThe president is literally forcing taxpayers, without any legal authorization, to subsidize two out of every three Exchange enrollments.
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Timothy Sandefur’s insightful new book documents a vital, forgotten truth: our Constitution was written to secure liberty, not to empower democracy.