How economists turned all of society into a market

Washington Post
 Review by James Kwak
” The book introduces us to the economists whose novel ideas persuaded politicians to see the world differently: Jude Wanniski, for example, whose famous cocktail napkin memorialized Arthur Laffer’s eponymous curve (if tax rates are too high, tax revenue declines), which was adopted by Jack Kemp and motivated Ronald Reagan’s 1981 tax cut; and Jim Tozzi, who in the 1960s pioneered the cost-benefit analysis of regulation, which has since become the corporate sector’s most powerful weapon against government oversight.”
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James Kwak is a professor at the University of Connecticut School of Law and the author, most recently, of “Economism: Bad Economics and the Rise of Inequality.”

The Free State Foundation Views on CRE

Editor’s Note

The Free State Foundation is a nationally recognized think tank which focuses its activities on the communications and related high-tech industries. It is lead by Randolph May, a recognized expert in telecommunications law having served as the Assistant General Counsel of the FCC. The Free State Foundation and the Center for Regulatory Effectiveness share the common goals of working to ensure that federal regulations are economically sound, comply with existing statutes and promote free markets. To this end the Free State Foundation is a leader in conducting forums which analyze in detail proposed regulations and often meld the views of divergent parties into a workable solution to a pending regulatory issue. The Center for Regulatory Effectiveness is most appreciative of its review of the activities of our organization as noted in this post on its website which is reproduced below.

Rob Fairweather, Former Acting Director of OMB, Describes OMB’s Exercise of Power

The Inside Story of OMB

                                    

                               How the President’s Swiss Army Knife Wields Power

Rob Fairweather
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