Big business is better than you think (rooftops)
34 minutes ago
Blogging, every once in a while, from the United States of Whatever!
So, to summarize: Walz and his wife used a technique, IUI, that nobody opposes. But Walz saw political benefit in falsely alleging that Vance opposes a different treatment, IVF, which Vance does not, in fact, oppose. Then Walz embellished the accusation by giving a seemingly emotional personal account of his own use of IVF, which was false. Walz’s untruths left Vance mystified. “It’s just such a bizarre thing to lie about, right?” Vance said Tuesday. “There’s nothing wrong with having a baby through IVF or not having a baby through IVF. Like, why lie about it? I just don’t understand that.”
In the first part of his post he rightly skewers the awful Harris "price gouging" plan and then offers two hypotheses.
One is that the Harris campaign believes that the remaining persuadable swing voters are economically ignorant, so the campaign is offering them economically ignorant economic policies. Bryan Caplan's wonderful book The Myth of the Rational Voter documents a lot of mistaken beliefs among the general public, including an anti-market bias. Ms. Harris's political advisers may be steering her to pander to these mistaken beliefs,A second hypothesis involves campaign personnel. The people I see mentioned as Harris economic advisers are Brian Deese, Gene Sperling, Mike Pyle, Deanne Millison, and Brian Nelson. All smart people, no doubt. But as far as I know, none of these people is trained as a PhD economist. They all seem to be lawyers. Maybe lawyers are more inclined to see a problem and think, "I know what new law will fix that." True economists are more respectful of the invisible hand and more worried about the unintended consequences of heavy-handed regulation.