Courtesy of IZA Teacher markets, like most public sector labor markets, are often characterized by a large bureaucracy and lack of flexibility. Teacher pay typically follows schedules tied to tenure and does not reward teaching performance. What happens when such heavily regulated labor markets […]
Tag: standards
U.S. sits out this free trade round, looks tired
Like an aging jock, the U.S. is sitting on the sidelines as other countries move the ball forward on a field it once dominated. A number of the world’s biggest economies are striking free trade deals, threatening to form regional trade blocs excluding […]
With All Eyes On Crypto, Let’s Get Smart On Regulation
By George Nethercutt, Jr., former U.S. Representative (WA 5th) One of the biggest names in tech could be on a path toward entering the cryptocurrency space. At a recent event, Apple Pay vice president Jennifer Bailey related, “We’re watching cryptocurrency. [. . .] We think it […]
Trump takes the keys back from California on auto standards
By Mike Palicz, Americans for Tax Reform President Obama’s special waiver allowing California to set and enforce its own greenhouse-gas regulations for cars beyond federal standards has been a complete disaster. California’s waiver from the federal fuel economy rules, the so-called Corporate Average Fuel Economy (CAFE) standards, kneecaps […]
She’s baaaack: Vestager returns, more powerful than ever
Executives at Facebook, Google, Apple and other Big Tech firms would probably be happy to never again hear the name of Margrethe Vestager, the Danish competition supremo at the European Commission, who won fame (or infamy, depending on your point of view) as the […]