Category Archives: Regulation

Cook with Olive Oil, Kill Birds

The theory of efficient markets, when applied beyond financial markets, is proposed by those who bridle against government regulation of business.  Their idea is that markets will punish bad behavior of individual firms or even whole industries and thus create incentives for firms to produce goods and services without harming employees, consumers, or the environment.  […]

Time for the State of Maine to Get Out of the Alcohol Business

Not that long ago the purchase of many types of alcoholic beverages in Maine required a visit to a State-run liquor store.  This was rooted in the 21st Amendment to the U.S. Constitution which ended the Prohibition era in 1933 and allowed states to regulate importation of liquor.  But no longer, Maine got out of […]

The Lesson for Maine From Hurricane Harvey

The pain and suffering of the residents of coastal Texas and Louisiana fill us all with feelings of empathy and concern for their future.  Most of us can only imagine losing all of our physical possessions and having to start over again. Hurricane Harvey brought an unprecedented rainfall event in U.S. weather history.  So the […]

Call Me a Luddite

Back in January I wondered out loud, Was the Internet a Good Idea?  To my way of thinking the information technology (IT) revolution of the past 25 years has been a mixed blessing.  It both created amazing tools for doing everyday tasks and introduced whole new means of mindless addiction and criminal opportunities. This IT […]