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Quebec’s subsidized daycare program is a prime example of policies that sound good for political campaigns but are detrimental when implemented.
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Instead of virtue signaling to constituents and turning to the federal government to solve every problem under the sun, policymakers should work to find more decentralized solutions.
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Lost in the talk about autonomous cars and trucks are discussions of the of advances in automation on the high seas. In coming years, the world’s first autonomous boats will leave their dry docks.
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The crucial answer: the federal government has access to a printing press that can run without limit. The Federal Reserve is the reason. This is why their default risk premium on US debt is completely unlike that of Illinois, Microsoft, or you and me.
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For retail giants such as Amazon and Walmart, an internet sales tax is a dream come true in their quest to crush the competition.
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For the sake of progress and common decency, it’s high time that policymakers reconsider the FDA’s role in the approval process for medical treatments.
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I seriously doubt there will ever be another Facebook. The solutions of the future will be decentralized. Already, most of us run a half dozen – or maybe several dozen – apps in our suites of software that allow chat, sharing, conversations, groups, and so on. The competition will never end, and we will all learn to find joy in the ongoing process of innovation and choice. This is how it should be. Maybe at the end of this, we’ll find the right balance between the privacy we desire and the notoriety we crave. For impossible jobs such as this, I wouldn’t trust the FTC to fix the problem. You have to leave it to the market.
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The Politically Incorrect Guide to American History raised considerable controversy at the time of its release, above all, from mainstream academic circles. This comes as no surprise, considering that the field has been dominated by statist intellectuals of all stripes over the past century or so.
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Louisiana should make it easier for low- and moderate-income workers to become florists, bartenders, barbers, and many of the 77 occupations that require an occupational license.
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Sell drugs, get the death the penalty—just the latest policy proposal that politicians are desperately scurrying to in their futile attempt to win the Drug War. Simple economics of prohibition illustrates why this plan would be a disaster.
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Ten years after the financial crisis that triggered a global economic downturn, many Americans are still struggling to get back on their feet. It’s no surprise then that resentment against Wall Street bailouts continues unabashed.
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If Trump wants to make America great again, he can start by closing the Ex-Im Bank. America’s success was built by free-market capitalism, not government privilege.
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