YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: Tyler Cowen
  • Rational Insurance, Not Health Care Reform

    Is it logical or rational for a person to enter into a risk pooling plan with someone who has a money consuming disease?  It makes no sense.   To make it illegal for insurance companies to pick and choose eligible clientele based on costs associated with coverage means that those who do not have pre-existing diseases must …

  • Tyler Cowen: Fed Independence Not Necessarily Good

    Prominent George Mason University Professor Tyler Cowen writes: Why are more independent central banks better at fighting inflation than less independent central banks?  There is nothing magical about independence that makes for low-inflation.  Suppose we pick someone at random and give them complete power over monetary policy.  Such a central banker would be very independent but …