Congress can’t legislate away unintended consequences

Sometimes, bipartisanship is a wonderful encounter in the heart. It is also a mental encounter that does not understand economics. The latter is Recently proposed law It was introduced by Rep. Anna Paulina Luna (R-FLA.) and her surely erroneous counterpart, Alexandria Ocasio-Cortez (DN.Y.) to limit credit card interest rates. Let's start with commonalities. Most people […]