Tag Archive | "Ronald Coase"

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Regulation of the Day 69: Owning More than Three Cats

Regulation of the Day 69: Owning More than Three Cats

A new ordinance in Dudley, Massachusetts makes it illegal to own more than three cats without government consent. (Hat tip: Drudge)

Having solved all of the community’s other problems, regulators now have the time to turn their attention to what is apparently a spat between neighbors. One resident is upset that the 15 cats (!) owned by a neighboring woman have been sullying his yard.

I might suggest that Coaseian bargaining might be a better solution than a law.

A fiat decision in favor…

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Posted in Deregulate to Stimulate, Economy, Nanny State, Personal Liberty, Regulation, Regulation of the DayComments (0)

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Rise of the Luddites

Rise of the Luddites

When it comes to things such as environmental policy, the Progressives have been rather successful at promoting their world view.  They realized that it would be futile to argue that property rights and human ingenuity could not solve anything - so they did not try (immediately) to socialize oil or other sub-surface minerals but they did succeed in derailing the evolutionary process by which institutions emerged to resolve emerging problems.  The economist Ronald Coase  noted this in an essay pointing out…

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Posted in Environment, Natural Resources, Odds & Ends, Personal Liberty, Precaution & Risk, Private Conservation, RegulationComments (0)

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