New York’s Ultra-Broad Definition of “Blight” Continues to Enable Eminent Domain Abuse

In this case, it enables the state to declare the area around Penn Station in New York City “blighted” and thereby authorize the use of eminent domain to take property for transfer to private interests.

In addition to harming local property owners, such condemnations often actually destroy more economic value than they create. Among other things, rendering property rights insecure undermines incentives to invest, and thereby impedes longterm economic development.

https://reason.com/volokh/2022/12/30/new-yorks-ultra-broad-definition-of-blight-continues-to-enable-eminent-domain-abuse/

Charity and Capitalism Are Better Than Government

When I was young, I assumed government would lift people out of poverty. But those policies often do more harm than good.

Businesses do better things because competition forces them to spend money well. If they don’t spend well, they disappear. Government never disappears. When politicians fail, they force us to give them more of our money so they can do it again.

https://reason.com/2022/12/28/charity-and-capitalism-are-better-than-government/

New York City’s Foie Gras Ban Once Again Deemed Illegal by New York State

The city has not yet announced whether it will fight the order in court.

The order blasts “the City’s effort to use its police powers and business regulatory authority to bar the sale of a lawfully produced farm product—not for reasons of the health, safety, or welfare of its citizens—but to change animal husbandry practices occurring on farms outside its jurisdiction to which it objects.”

https://reason.com/2022/12/24/new-york-citys-foie-gras-ban-once-again-deemed-illegal-by-new-york-state/

DEA Seizes Record Amounts of Fentanyl in 2022

The iron law of prohibition states that, all things being equal, as enforcement ramps up, smugglers prefer higher potency forms of a drug for the same reason those who sneak alcohol into a football game prefer hard alcohol in flasks to 12‐​packs of beer. The lethal logic of the iron law of prohibition means that we cannot enforce our way out of the opioid crisis. And if fentanyl smugglers become somehow easy to catch, there’s always carfentanil, which is about 100 times more potent than fentanyl and has already been showing up in America’s drug supply.

https://www.cato.org/blog/dea-seizes-record-amounts-fentanyl-2022

Reputation Works Better Than Regulation: Why Demand Should Determine Prices

As consumers, we must remember that in a market-based system, consumers determine what is of value, what is demanded, and what is consumed. To maintain such authority, we would be wise to use our wallets, rather than Washington cronies, to curtail costs.

https://www.aier.org/article/reputation-works-better-than-regulation-why-demand-should-determine-prices/

Subsidies To Help Workers Would Hurt Poor People

Some people would benefit. Others would lose money or be rendered unemployable.

Workers’ best friend is a labor market that’s free of harmful government distortions. Such a market will not only oblige employers to continue to pay workers according to productivity but will also intensify firms’ efforts to become more productive.

https://reason.com/2022/12/15/subsidies-to-help-workers-would-hurt-poor-people/

D.C.’s ‘Green New Deal for Housing’ Is Doomed Before It Begins

Social housing supporters hope that the city can get city-owned, city-operated housing right with a new office, a more expansive mission, and different branding.

https://reason.com/2022/12/02/d-c-s-green-new-deal-for-housing-is-doomed-before-it-begins/

Fearing Leviathans With Feet of Clay

…there is only one reason why residents of a free, or more or less free, country should feel economically threatened by a foreign authoritarian state. It is that the subjects of the latter …. will thus be poorer. And it is more beneficial to have trading partners… who are richer…

2022: The Year the “Lodger Evil” Came to Kansas and Made Housing Less Affordable

Housing restrictions might be politically inevitable, but they are almost always economically silly. To top it off, they reinforce the privilege and power of the already privileged and powerful…

Go With the Regs or Go to Jail

The Miller’s Organic Farm Case: Part 1

Last summer, armed federal agents sent by the USDA demanded that Miller cease operations and prepared to hit him with more than $300,000 in fines. … The farm was ordered to pay the fine within 30 days or face further penalties “including imprisonment of Amos Miller.”