Topic: Research Briefs

Privatization Is the Best Infrastructure Program

– June 26, 2017

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 …

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Mandated Paid Family Leave Harms Its Intended Beneficiaries

– June 26, 2017

Business decisions should be made in the marketplace, not in the halls of government.

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Treasury’s About-Face Means to Teach New Dance to Regulatory State

– June 26, 2017

Less 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 …

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Regulatory Binge Creating Thin Wallets

– June 21, 2017

The 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 …

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Scrap the Border-Adjustment Tax

– June 16, 2017

Adam 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 …

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Panic of 1907: The Short Crisis That Began Money’s Long Fall

– June 16, 2017

The 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.

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Withdrawal from the Paris Accord Won’t Impede American Business

– June 12, 2017

No free-enterprise economy worth its name should tolerate government planning of energy, the master resource.

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Swan Song for the Elites: Taleb on Government Failure and the Libertarian Dream

– June 7, 2017

“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 …

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Fintech Wave Could Flood “Too Big to Fail”

– June 7, 2017

Fintech 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 …

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The Excelsior Scholarship: Who Gets a Free Ride?

– June 2, 2017

In 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 …

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Pope Francis’s Misunderstanding of Libertarianism

– May 30, 2017

Pope 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 …

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Banking Regulation and Competition in the Eyes of Volcker

– May 30, 2017

Former 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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