Third Order
Good regulatory management paves the path to abundance. I examine problems and solutions in the reg process. 1st order effects = intended consequences. 2nd order = predictable unintended consequences. 3rd order = unpredictable unintended consequences.
- Indexed issues, last 90 days
- 7
- Latest publication
- Sep 30, 2026
- Audience
- Checking…
- Earliest in this view
- Jul 23, 2026
Latest issues
State regulation, jobs, and wages (opens the original)
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How much does state regulation matter for employment and wages? James Bailey and I take up that question in a recent Center Square column, drawing on our study of 87 industries from 2016 through 2024.The headline finding: a 25 percent reduction in state regulatory restrictions is associated with 4.4 percent higher employment growth. For the average state, our estimates imply cutting red tape by 25 percent would create <a href="https://pacificlegal.org/research/states-of-stas
The NFL Has a Rule for That (opens the original)
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On Thanksgiving Day in 2012, Detroit Lions coach Jim Schwartz threw a challenge flag to get a bad call reviewed. Under NFL rules, throwing the flag meant the call could not be reviewed.Houston running back Justin Forsett had gone down, gotten back up, and continued to the end zone. The officials awarded a touchdown. Scoring plays were automatically reviewed, but a coach who challenged one committed a penalty that canceled the review. Schwartz had inadvertently ensured that the bad call would sta
The Fifty-State Tollbooth Problem for AI (opens the original)
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If you travel along the Rhine today, the castles overlooking the river look almost decorative. Historically, many served as tollbooths. Their owners could stop passing boats and collect a charge before letting them continue.Thanks for reading Third Order! Subscribe for free to receive new posts and support my work.<d
Empty pews and thicker rulebooks (opens the original)
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My new Tribune-syndicated column in the Miami Herald asks how a country built around skepticism of centralized power wound up with an administrative state reaching into nearly every corner of economic life. My answer concerns what has happened to the institutions between the individual and the state.A free society cannot live indefinitely on a choice between loneliness and bureaucracy.Churches, charities, neighborhoods, clubs, and local governments once did more to provide solidarity, moral form
The infrastructure bill’s hidden tax (opens the original)
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I have a new piece in the Washington Examiner on the BUILD America 250 Act. The bill could build useful roads, bridges, ports, and freight corridors while making those networks more expensive to use. <div c
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