Letters to the Editor

This letter is associated with the following article:
There's a new movement coming out of the University of Chicago. Austan Goolsbee, Obama's economic adviser, is a key disciple.
  • Why a new terminology?

    This is really a fundamentally old (and traditionally conservative) approach--creating incentives rather than directly regulating. The only tangible benefits to this would be in the marketing benefits of drawing in more people to their philosophy.

    I just really fail to see how this is new or groundbreaking in any way.