Monthly Archives: August 2016

Please Get Your Russia Conspiracies Straight

Another public hacking episode is in the news this week, and naturally, Russia is being blamed for it.

Not that there appears to be much evidence as of yet that Russia is truly responsible. And such evidence is unlikely to be found, even if they did do it. Hacking cases are notoriously difficult if not impossible to definitively attribute. And attribution becomes even more unlikely if you’re assuming the hackers have the effectively unlimited resources of a nation-state to fund very sophisticated attacks.

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EpiPen Price Hikes Are a Product of Government Failure, Not Market Failure

The EpiPen price hike story is tailor-made for political outrage. It involves a large for-profit corporation, a life-saving device, triple-digit price hikes, and as usual, poor people and their children are the ones that suffer the most.

For many people, it’s a textbook example of market failure that demands government intervention.

In fact, it’s a perfect example of government failure, and the best solution will be found in freer markets, not increased regulation.

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Iran ‘Ransom’ Scandal Is Back…and It’s Still Nonsense

The purported Iran “ransom” scandal is back in the news after the State Department confirmed that it didn’t allow Iran to take possession of the cash until the release of the American prisoners was confirmed. The State Department called it “leverage” while anyone looking for a reason to disparage Iran or President Obama calls it “ransom”. The question is who is right?
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The Obama Administration Did Two Great Things This Week

It appears to be legacy-polishing time at the White House. This is the time late in the second term where presidents start to recall the various terrible decisions they made over their tenure in office, and start looking to balance out the ledger so they’ll still be remembered favorably. And since they aren’t standing for reelection anyway, they tend to undertake actions regardless of their popularity politically.

For this reason, it’s a time for both anxiety and cautious excitement, assuming there are at least a few issues where you share common ground with the president.

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