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On Externalities and Libertarianism

I’ve often wanted to write something about externalities, but I’ve never gotten the time. Specifically, I’m interested in how these relate to regulations and in turn to economic freedom. I lean libertarian, and many people  who know that are surprised that I’m not always opposed to environmental regulations. Why is that? Well, Ed Brayton has…

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On Cutting Spending and Investment

Mark at Pseudo-Polymath links to this post on Rand Paul’s ideas for cutting the budget, using the line: “Someone is forgetting that the left prefers social entitlements to science programs.” I think Mark has a good point, but not the best point. This illustrates one of the reasons I oppose across-the-board spending cuts. Some argue–and…

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Liberal illiberalism: Olbermann on Banks and News Outlets

Keith Olbermann, regularly angry about many things, is angry about the bank bonuses. (I blogged some about this here.) His answer? Break up the banks. Regulate the financial industries, to within an inch of their existences. Roll back corporate legal protections. Make liable the officers of corporations, for their debts, and for their deeds. Resurrect…