Posts Tagged ‘regulation’

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    Innovation and Regulation

    Dec 2, 10 • 94 Views • Demand, Supply, and Markets, Government, InnovationNo Comments

    Is more innovation the opportunity cost of more regulation? If so, which do you prefer? To see one person’s opinion, I recommend a recent Washington Post op-ed, “Strangling innovation and job creation with red tape.” The Washington Post...

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    Closed Professions

    Oct 17, 10 • 110 Views • Businesses, Demand, Supply, and Markets, RegulationNo Comments

    If you are a Greek pharmacist, you are guaranteed a 35% profit on the drugs that you sell, your store can be no closer than 820 feet from another pharmacy, and you probably paid close to $400,000 for a business license. Called “closed professions”...

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    Will the US Postal Service Think Outside the Box?

    Jul 9, 10 • 81 Views • Demand, Supply, and Markets, GovernmentNo Comments

    Do you care about Saturday mail delivery? Amazon does. Hallmark does. Catalog companies and and mail service pharmacies do. By contrast, Netflix has said it could accept the elimination of Saturday mail. Trying to decide what to do about the huge financial...

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    Can the Post Office Deliver?

    Jun 26, 10 • 119 Views • Businesses, GovernmentNo Comments

    Having just read a Washington Post article about the U.S. Postal Service (USPS), I started thinking about its future. But first, its past: While we have had postal services since the 1600s, Ben Franklin transformed the system. Appointed Deputy Postmaster for...