Category: law

  • Rent Seeking, Teeth Whitening, and Grapes

    George Will has an interesting column today about rent seeking as it applies to teeth whitening. Rent seeking is an economics term used when someone attempts to achieve additional profits without creating actual value. It often is used to describe situations when someone uses the government to implement policies that reduce competition to allow this…

  • A Discussion of the Hobby Lobby Case

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    This last week, the Hobby Lobby case was argued before the Supreme Court. For those unaware of the case, the owners of the Hobby Lobby company feel that the requirement under the Affordable Care Act to provide certain kinds of contraceptive coverage violates their religious beliefs. The case brings up, once again, the intersection between public…