Who Needs Regulation?
The debate about rules for the sharing economy creates its own kind of disruption.
There have been two great waves of the American deregulation debate. The first was during the Carter-Reagan era, when entire industries airlines, railroads, trucking, natural gas, long-distance telephone service were freed from government constraints on what markets they served and what prices they charged. And the second? Youre experiencing it right now. You might not…
Economic Outlook 2015: Proving the Theory
Sixty years ago, in the Journal of Political Economy, University of Washington Professors Douglass North and Charles Tiebout engaged in a debate on the nature of regional economic growth. North went on to win the Nobel Prize in Economic Sciences; Tiebout might have contended for it had he not died at the age of 43….
A Hard Fall
The Washington state economy will build steam through the spring and summer of 2010, but total employment won’t return to peak levels of 2008 until well into 2011, analysts forecast. And for many residents and businesses, the gloomy outlook will persist. “Economists say they see a recovery, but try to tell that to the 7…