…= Den of Oligarchs Gets Everything. In a modern democratic state, the armed forces are meant to preserve a healthy, long-lived people from external threats. This principal has been much…

…failures. Market power, competition and monopoly. Regulation, externalities, asymmetric information, principal-agent Repeated games, time preferences, storage, transaction costs and institutions. And so on… Some of you might note that I…

…after Minneapolis woman Renee Good was killed by an ICE agent in January. Akers advised students to connect with school administration. “The kids were out there,” he said of the…

…in either case he recognizes the perils of risk-free arbitrage. (Bruce Bartlett is shriller—and possibly more extreme—than I am on the matter.) The other option is rather more problematic, not…

Dear Brad, Do you want to reconsider the title of this post in the context of this article? An examination of Mr. Geithner’s five years as president of the New…

…former acting principal deputy national cyber director at the White House, told McLaughlin. McLaughlin noted that the story of what happened at the NLRB is not uncommon. When challenged by…

…in interest and principal. Over the course of three decades, that works out to about $734,000, with $402,000 of that going toward interest. “Over 50 years at the same interest…

…the insurance agents to the unfunded, deficit-exploding Medicare Part D shall continue.) Everything else will see the agents’s livelihood affected as the insurance companies try to protect their own share…

…“bottles,” as in, “It’s a ‘bottle,’ from so-and-so,” usually said with a sigh; “so-and-so” being a “press agent,” these days known as people in “public relations”). Our living room was…

…problem agents face. This is embarrassingly simple. In standard models, you can’t get something for nothing, because if you were in a situation in which you could get something for…