Government Regulators are Themselves Unregulated; That’s a Problem

Here’s a delayed posting of a link to a second article in The Freeman online about regulation.

The first, “There Is No Such Thing as an Unregulated Market,” made the point that “If a market is free, it is closely regulated by the free choices of market participants.” This means that “Government regulation is not the only kind of regulation; market forces also regulate.”

So which kind of regulation works better? I begin to examine that question in the current article, “Government Regulators are Unregulated.” By way of example, I look at how governments regulate government schools in America. A slice:

But we don’t have a properly regulated [school] system. Those who regulate the quality of our government schools do it badly. Why?

Because those regulators are themselves unregulated. Officially, they are regulated from above by the political process, but the political process is so ineffective at regulating regulators that they are essentially unregulated. They are not accountable to the public in any meaningful way.

Facebook Twitter Linkedin Email

Value in a Free Market

Here is a response to a comment posted by TheOneSpam on May 30, 2016, on “What If There Were No Prices?“, a Learn Liberty video by Tomasz Kaye and me: +TheOneSpam I’m one of the authors of this video; I like much of what you say; here are my responses to your comments: “how “value”Continue Reading

More on Campus Free Speech

After the exchange about free speech on campuses that I put into this earlier post, Cliff wrote back at length. With his permission I respond here so that others can look in on the conversation. Here are the substantive portions of Cliff’s message, indented, with my reactions not indented: (1) There are a lot ofContinue Reading

Freedom of Speech on Campus: Even Racial Slurs?

Last week I shared on Facebook this video of J.K. Rowling supporting Donald Trump’s right to travel to Britain and “be offensive and bigoted,” because “his freedom to speak protects my freedom to call him a bigot.” I wrote, “The same goes for offensive and bigoted speech on college campuses.” That comment elicited this responseContinue Reading

Minimum Wage Laws Are Immoral, Part II

Two weeks ago I posted on Learn Liberty’s blog this open letter rejoinder to my friend Adam, who strongly objected to a claim I had made in a Facebook post that minimum wage laws are immoral. Adam responded to that rejoinder, and I replied again in turn with this second open letter. A slice: Adam: I accept the disemployment, suchContinue Reading

Make Parents Responsible for Schools

Here’s a recent letter to the Baltimore Sun: May 11, 2016 Editor, the Baltimore Sun Dear Editor, Kurt Schmoke, Matt Gallagher and Tom Wilcox ask “Who’s responsible for city schools?” (Commentary, May 9, 2016). The broad answer to that question is also the fundamental reason why our city schools stay mediocre to poor, decade afterContinue Reading

Minimum Wage Laws Are Immoral

Here is an open letter to a respected friend with whom I have strong differences about minimum wage laws. It was recently published at the Learn Liberty blog. A slice: Your indignation at allowing companies to pay (and workers to accept) wages below “a living wage” seems based in an assumption that all employers canContinue Reading

Government, Stop Trying To Help Uber

Here is a letter to the editor of the Baltimore Sun, published at FEE’s Anything Peaceful and by the Sun yesterday (the online version somehow dropped the first paragraphs): An open letter to State Senator Bill Ferguson and Delegate Kathy Szeliga: Thank you for your commentary, “Give ridesharing a home in Maryland,” (Baltimore Sun, April 3). While it is gratifyingContinue Reading

“There’s No Such Thing as an Unregulated Market”

That’s the title of my piece just published in The Freeman online. The subtitle: “It’s a choice between regulation by legislators or by consumers.” Here’s a slice: We want the aims of regulation — regularity and predictability in markets, decent quality and reasonable prices for the goods and services we buy — and thinking thatContinue Reading

One and Only “Trigger Warning”

The following just arrived in my mailbox from FIRE (The Foundation for Individual Rights in Education), which I admire and support: Today, FIRE presents a timely new video featuring Brookings Institution senior fellow Jonathan Rauch. In the wake of last week’s horrifying attack on Charlie Hebdo in France, Americans and Europeans are rediscovering the importance of unfetteredContinue Reading

availableonamazon
Contact Dr. Baetjer

Enter your email address:

Skip to toolbar