Author Archive | Todd Zywicki

Former Fed Governor Mark Olson says “CFPB Stepping Into Vigilante Territory”

Mark Olson says that CFPB is raising additional concerns as it ramps up in practice: Two disturbing bits of recent information give us a taste of how the CFPB plans to operate. Representatives from the CFPB have acknowledged that lawyers from the bureau’s enforcement division are accompanying CFPB compliance examiners on their routine examinations…. The second disturbing bit […]

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The Affirmative Action Racket

One of the obvious questions prompted by the public recognition that Elizabeth Warren’s claimed Native American ancestry is what it takes for someone to avail themselves of the preferential treatment afforded to racial and cultural minorities in hiring–and in particular, can someone assert the identity if they are only 1/32 and have absolutely no cultural […]

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Apply for Public Choice Outreach Seminar

If you are interested in learning more about public choice economics a great way to get introduced is by attending the annual Public Choice Outreach Seminar held at the George Mason Public Choice Center in Fairfax.  Information and application material is available here.  I’ll be lecturing again this year again on the topic of “Public […]

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The Failure to Award a Fiction Pulitzer This Year

Max Stearns has an interesting take on the much-publicized failure to award a winner of the Pulitzer Prize in Fiction this year, arguing that it was likely the result of a flawed set of voting rules that led to none of the finalists receiving a majority, rather than statement of unworthiness of all the candidates […]

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The “Penny Plan” to Balance the Budget

James Carter and Jason Fichtner describe it here: Any viable solution must cut spending growth. Sen. Mike Enzi of Wyoming and Rep. Connie Mack of Florida have introduced legislation in their respective chambers to do just that. Their “Penny Plan” – recently updated to reflect the latest budget developments – calls for reducing federal spending (excluding interest payments) 1 […]

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The Cordray Index

As readers know, my concern about regulation of consumer credit and retail banking is that inefficient efforts to “protect” consumers by regulating prices and terms of credit can have severe unintended consequences by reducing access to higher-quality options (such as credit cards and debit cards) and push consumers to use less-preferred options involuntarily (such as […]

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A Right to Bring Your Guinea Pig to School?

Perhaps. My daughter has been insisting for months that she should be allowed to take her guinea pigs to school.  Looks like I might have to start preparing a new reason why she can’t…. Update As usual, the brilliant VC readers come through with Plan B for fending off my daughter’s request.

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Liberals, Conservatives, The Mandate, Recess Appointments, and a Testable Hypothesis

I have a question prompted by Ken’s interesting post commenting on Jonathan’s post on the blindness of the academy to the validity individual mandate challenge. My question based on the debate around the mandate, but also the question of the Cordray and NLRB Recess Appointments (which I’ve also followed).  On both issues, on the “conservative” […]

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Question for Readers about Preferential Tax Treatment for AIG

There’s an op-ed by Elizabeth Warren and other former COP-TARP members in today’s WaPo criticizing the preferential tax treatment given to AIG as part of the bailouts.  I agree, of course, with their criticism of preferential tax treatment for bailed out companies.  But isn’t the favoritism under the tax law about which they are complaining the […]

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Congratulations to Maureen Ohlhausen

Congratulations to Maureen Ohlhausen, who was unanimously confirmed for a seat on the Federal Trade Commission.  Maureen worked with me as Deputy Director of the Office of Policy Planning at the FTC when I was Director then took over as Director.  A great choice and I am happy for both Maureen and the Commission.

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