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We all want the safety and dependable quality that “regulation” is supposed to provide. Government can provide it to some extent, but markets can do it better, if we let them. Howard Baetjer of Towson University explains.
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The Most Dangerous Monopoly: When Caution Kills (video): All of us want assurance that the things we buy are safe. What’s the best way to get it? Howard Baetjer of Towson University explains that when products undergo third-party certification processes to determine their safety, market forces are able to optimize the amount of testing conducted and consumers can use the information provided by certification firms to make their own decisions.
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Free Market Economics: Uber, Airbnb, & Feastly vs Government Regulation (video): The sharing economy connects people with services like Uber, AirBnB, and Feastly. Despite these new ways to connect, many regulators would like to stop it in its tracks. Chris Koopman explains why this approach to regulation is becoming increasingly irrelevant.
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How Food Regulations Make Us Less Healthy (video): Why do we consume so much high fructose corn syrup? Why does America suffer from an obesity epidemic? And why are fruits and vegetables so expensive? Prof. Dan D'Amico argues that government regulations designed to serve special interests are partly to blame.
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