Let’s start 2016 by getting up-to-speed on the American economy! Here’s an interview with me, just in time for the holidays, on The Sam Lesante Show, where we cover everything from the federal budget deal to the Federal Reserve rate hike to the lingering problem of inequality:
You haven’t heard from me for a few months because I’ve been busy doing research on these economic issues. In 2016, I’ll be writing about my findings. I hope you’re as excited as I am for the new year and all the debate it brings!
One Oklahoma bureaucrat complains that US authorities are trying to impose a “one-size-fits-all” regulatory regime. But one man’s one-size-fits-all is another man’s equality-under-the-law. Because it minimises compliance costs, simple regulation is exactly what a rational actor in a free market ought to want. The alternative — a jumble of authorities like the one that characterised the US banking system until 2008 — promotes jurisdiction shopping, regulatory arbitrage and one-off deals with interested legislators.
— Christopher Caldwell (Financial Times)
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