Study finds Dodd-Frank harmed small business

The Dodd-Frank Act was passed by Congress in 2010 as a response to the 2007-2008 financial crisis. Its main goal was to make the banking system safer. Many people suggested that Dodd-Frank would harm small businesses. A new study by Michael Bordo and John Duca for the National Bureau of Economic Research (NBER) seems to confirm … Continue reading Study finds Dodd-Frank harmed small business

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Beer: an illustration of government control

Some readers probably think I exaggerate the risk of government power when I warn against Big Government. Maybe I do. But it’s probably also true that many people don’t realize the extent of government control in their lives. To illustrate what government can do, let’s zoom in and examine a brief history of one thing: … Continue reading Beer: an illustration of government control