In the meantime, government officials across the country should think long and hard before passing new regulations that would further add to the regulatory burden, making it even harder for young adults to become homeowners.
With more student forgiveness and "free college" policies in-store, presidential candidates are sure to make a government-created mess a catastrophe.
While those who put their hands on this money first, such as Wall Street junkies, do make a profit, everyone else loses in the long run as the government’s policy of expanding the money supply and artificially inflating the prices of resources, as a result, devalues the currency.
Crony capitalism comes in different shapes and sizes, with policies like bailouts, trade barriers, tax credits, and subsidies all benefiting certain companies at the expense of their competitors.
As with other matters, decentralization could be key in making things better — not only because it would benefit immigrants who want to move here to work, but also because Americans would reap the benefits of a prosperous economy.
These easy-to-assemble retail kiosks aren’t just a great example of the market’s ingenuity, they are also proof that the market provides an answer to customers’ needs, even if these needs are the product of artificial barriers imposed by the government.
Prohibition is nothing but an immoral act, as it intends to impose certain standards on individuals who should be naturally free to make their own decisions.
When companies are allowed to compete openly, without resorting to the government for special protections that keep competitors at arm’s length, some firms may even suffer as they try to adapt to better serve their customers. But in the end, it is the consumer who benefits the most as more companies means more options and more affordable prices.
The firm has been in the business long enough to notice that certain users just don’t like to chat with their drivers. In order to keep these users happy (and prevent them from using another service in the future), Uber is rolling out a new “Quiet Mode” feature that gives the passenger the ability to pay more for a peaceful and undisturbed ride.
Amazon is often portrayed as the big, bad corporation that helped kill brick-and-mortar stores nationwide. However, a recent report shows the online retailer has actually helped small businesses flourish, boosting their sales across state lines.
Millennials are drowning in debt — failing to pay off their student and auto loans. Despite this reality, if you ask millennials today whether they’ll ever be rich, they will tell you that yes, their futures are bright. But is their optimism warranted?
Private enterprise has long provided the government with efficient solutions, even if the government itself undermines private efforts by using technology ineffectively.