Walmart: A sufficiently advanced capitalism is indistinguishable from socialism

I came across a blog a while back that argued that Walmart’s size and distribution has put them in a state-like position vis-a-vis their workers, the communities in which their stores are based, and the regulation of their distributors. When you think about it, there’s a strong congruity between communist architecture and Sam’s Club chic.… Continue reading Walmart: A sufficiently advanced capitalism is indistinguishable from socialism

Cost-benefit analysis of drug policy

Here is why I love the economic analysis of policy. It’s an article by Mark A. R. Kleiman, detailing some simple rule changes and common sense redistributions of law enforcement budgets in order to maximize the efficiency and fairness of our drug enforcement policy. Imagine if we asked the DEA, the FBI, and the Army… Continue reading Cost-benefit analysis of drug policy

Is charity a good indicator of civic virtue?

Arthur C. Brooks is a professor of public administration at Syracuse University. His recent book Who Really Cares: The Surprising Truth About Compassionate Conservatism, develops a number of data sets to show that conservatives give a larger percentage of their income than liberals. There’s a review here, but it doesn’t answer some of the most… Continue reading Is charity a good indicator of civic virtue?