The Puzzling Consensus in Favor of the Genetic Information Nondiscrimination Act
The Genetic Information Nondiscrimination Act, which bans certain types of genetic discrimination by employers and insurers, passed the House by a vote of 414 to one, and the Senate by a vote of 95 to zero. That means it’s a good idea, right? Wrong.
Suppose an [...]
Every economist knows how important prices are. Lots of information can be backed into that one little scalar. Yet, in some areas, they just aren’t available. Certainly, a number of activities in ‘corrupt’ countries will cost a great deal more than their posted price due to tips, bribes, etc. This adds a great deal of [...]
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