The use of private contractors lessens the problems created by FEMA’s lack of experienced administrative staff, engendered by the ad hoc nature of disaster relief.

The creative use of data is the basis for the success of many of this century’s great internet companies—predominantly American companies—whose revenue is primarily derived from targeted advertising.

A favorable interpretation of the cooperation that resulted in a rapid response to the negative COVID shock is that it saved lives and reduced suffering by slowing the spread of the virus around the world.

Corporate officers and shareholders are often naively caught in debates they don’t understand and act against their own interests and that of their customers.

The proposed increase would do little to raise the net spendable incomes of many low‐​wage families but would boost the incomes of much‐​higher‐​income families.

The 1914 Harrison Act was the significant federal anti‐​drug legislation of the era.

The unwritten pact between groups on the political right is now coming apart, with the defection of the social conservatives being especially striking.

A GM line worker’s compensation was a black box of adjustments. Pay was docked when the lines shut down, even if it was not the worker’s fault.

AI operating today is considered “artificial narrow intelligence” (ANI), which is defined as supporting specific processes with well‐​defined rules (and, incidentally, does not have any “intelligence” or “common sense”).

Rather than offer the full‐​throated defenses of the administrative state each has offered elsewhere, in Law & Leviathan Sunstein and Vermeule suggest administrative law has developed a set of “surrogate safeguards” that enable the administrative state to protect public welfare while preventing the worst abuses of bureaucratic excess.

Precisely because some customers might want less human interaction because of their fear of the virus, “it was possible that businesses would devise all manner of ways to save on labor while meeting new or evolving needs of customers that they didn’t express before the spread of the coronavirus.”

The new populists were more radical than Franklin Roosevelt and often turned against him.

Anyone who has followed the ups and downs of the financial sector and its fits of instability since 2007 remembers where things stood just over a decade ago.

The academic world, the authors lament, has been falling more and more into fundamentalist thinking.

A summary of recent papers that may be of interest to Regulation readers.

So what to make of “meme stocks”— buying shares of failing firms for no reason other than to mess with professional traders looking to profit from those firms’ demise?