"New York's Progressive Rent Regulations Having the Exact Same Negative Consequence That Skeptics Predicted"
"An Orwelexicon for Bias and Dysfunction in Psychology and Academia"

"If the Only Way You Can Get Your Great Idea Implemented . . ."

Bryan Caplan is so very, very correct:

Once you pay proper respect to public choice theory, however, you cannot simply continue on your merry way.  You have to ponder its central normative lesson: Don’t advocate government action merely because a clever-and-appealing policy proposal passes a cost-benefit test.  Instead, look at the trendy-but-awful policies that will actually be adopted – and see if they pass a cost-benefit test.  If they don’t, you should advocate laissez-faire despite all those shiny ideas in the textbook.

Related: "Prohibition and the Great Society show that the government should not legislate vast social trends".

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