President Trump has begun to flesh out his promise to rebuild America’s infrastructure. His planned “massive investment … will be matched by significant private, state, and local dollars,” Trump said on June 8. The administration has also pledged to of …
READ MOREBusiness decisions should be made in the marketplace, not in the halls of government.
READ MORELess than two weeks after being unmasked as Washington’s biggest producer of regulations, the U.S. Department of the Treasury issued a report calling for lessening regulation. If that’s not surprising enough, consider that the businessman-president and …
READ MOREThe Federal Register, the Bible of the U.S. regulatory state, grew by 15,634 pages in a single year — 2016 — showing the depth of costly rules flooding American commerce. In battling the regulatory state, cutting limbs off the octopus is the thing the …
READ MOREAdam Smith wisely pointed out what should have already been obvious: “Consumption is the sole end and purpose of all production.” Regrettably, many have not learned this truth. Observe: Republican House Speaker Paul Ryan and Ways and Means Chairman Kev …
READ MOREThe Panic of 1907, 110 years ago, was used to justify the creation of the Federal Reserve. From an economic perspective, the justification was a weak reed.
READ MORENo free-enterprise economy worth its name should tolerate government planning of energy, the master resource.
READ MORE“Black Swan” author Nassim Nicholas Taleb is forecasting a coming “libertarian’s dream” as the grip of the ruling classes weakens. In a May 19 interview on the podcast Ron Paul Liberty Report, Taleb said he is pessimistic about financial markets but no …
READ MOREFintech companies may become victims of their own successes as they increasingly come into regulatory crosshairs, but substandard economic growth rates and increasing banking sector concentration make a strong case for shifting in the direction toward …
READ MOREIn an earlier piece about student aid and student debt, I cited many studies that found increasing government-loan availability was the biggest contributor to the rising cost of college in recent years. Many students benefit from subsidized loans, but …
READ MOREPope Francis delivered a blistering attack on libertarianism in April. But, critics say, Francis, the Argentina-born Jesuit who became pope in 2013, confused libertarianism, which is characterized by noncoercive politics, with libertinism, which is ass …
READ MOREFormer Federal Reserve Chairman Paul Volcker is still regarded as a sage on Wall Street and beyond, but his contention that banking-sector competition hasn’t lessened is flat-out wrong, some say. The Dodd-Frank banking law, instituted two years after t …
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