Author: Craig Newmark

Economist Michael Rizzo: Yes, so no tax internet shopping harms some local retailers. The solution? Harm the internet retailers too. That’s government in one lesson. Hobble everyone.

Tim Kane for the Hudson Institute. Discouraging. Three samples: “Since 1977, newly born companies usually create a net 3 million jobs per year, but the most recently released data report as falling to 2.34 million in the year 2010. The Commerce Department will not release annual 2011 or 2012 data until after the election, but […]

This: list: gets about 2.5 out of 10 correct. A better list: 1. People want far more at zero prices than they can possibly produce: goods and services have been, are, and almost surely always will be scarce. 2. People respond to incentives. 3. The cost of doing something is the value of the next best alternative […]

You can say that again. For the last couple of years, some of the state’s most influential business titans and elder statesmen have taken time off to grapple with the mess in Sacramento. Former Secretaries of State George Shultz and: Condoleezza Rice, Google Inc. Chairman: Eric Schmidt, Los Angeles philanthropist: Eli Broad: and other heavyweights have all attended an […]

Newmark’s Rule #4: if you see something weird in the market, check to see if government is involved. It is,: here.

They’re not happy predictions. Advice? If you run a business, get a lot of lawyers and lobbysists. He who writes the regulations will make a lot of money. He who does not will lose. : Make sure you make the right political contributions and don’t say anything critical of those in power.