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Cases Quote by Bob Frank

“As the great naturalist Charles Darwin saw clearly, individual and collective interests often coincide, as in the invisible hand narrative. But he also saw that in many other cases, interests at the two levels are squarely in conflict, and that in those cases, individual interests generally trump. That simple observation suggests that market failure is often the result not of insufficient competition (the traditional charge from social critics on the Left), but of the very logic of competition itself.”

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More by Bob Frank

Prescriptive regulations, such as telling electric utilities what kinds of coal to burn or what kinds of scrubbers to install on their smokestacks, were…

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A flat tax is roughly the same as a sales tax.

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Commercial roadways in communities that lack zoning laws, for example, are often an aesthetic nightmare not because of insufficient competition, and not because merchants…

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In almost every instance, air and water quality goals were met more cheaply and quickly when we taxed pollution than when we tried to…

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Ever since the Great Depression, economists have known that demand shortages tend to persist in the wake of severe financial crises like the ones…

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In the long run, greater investment would mean greater productivity and income growth.

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Once firms had to pay to pollute, they became incredibly inventive at figuring out cheaper ways to eliminate their SO2 emissions.

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There's no indication that middle-income families feel resentful about the bigger mansions and yachts. But the near-rich, whose social circles intersect those of the…

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Every group spends more when its income grows.

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The upshot is that to send its children to a school of even average quality, a family must outbid half of other similar families…

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Virtually all families in the middle of the earnings distribution aspire to send their children to a school of at least average quality. (We'd…

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More Cases quotes

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It can sometimes make people fold into themselves and kind of run away, but I think in this case these characters are being forced to face issues and emotions, feelings, that they have. So it kind of forces them to face it head on, which I think is a really interesting dynamic. And I think it should be interesting and…

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I think we've all had enough of Coltrane saxophonists. There's a case of someone ruining a generation of saxophonists, as Louis Armstrong may have…

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Every wife ought to answer for her man. If the husband be engaged in a seditious club, or drinks mysterious healths, or be frugal of his candles on a rejoicing night, let her look to him and keep him out of harm's way; or the world will be apt to say, she has a mind to be a widow before…

The world around us is an increasingly hostile and sinful place. Occasionally that splashes onto us, and perhaps, in the case of a few of you, it may be nearly drowning you. To anyone struggling under the burden of sin, I say again with the Prophet Joseph that God has ‘a forgiving disposition’ (Lectures on Faith, 42). You can change.…

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If you followed the media you'd think that everybody in Africa was starving to death, and that's not the case; so it's important to…

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[As in the case of] alcohol prohibition, illegality has driven organized crime, sent countless people to jail, and killed many thousands. Repression does not…

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He emphasised basic truths: you are not dying yet, you have to live your life until you are. Underpinning them was the belief that the grim reality of impending death can be talked away by trying to invest in the present reality of life. I didn’t believe that at the time, but now I do. By definition, you have to…

Athletes at all ages are bigger and stronger than ever before. And they are being encouraged - sometimes even incentivized, as we recently learned…

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