Free the Market
by | Dec 12, 2019

Imagine what it must be like for private companies that have invested in a new technology and suddenly find out they have to compete with a tax-supported government agency — the very one that also regulates the industry. That’s what…

by | Nov 28, 2019

At a time when our country seems as divided as ever and many are talking as if the end times are coming, it’s more important than ever to look at what we should be thankful for. Unemployment is at its…

by | Nov 14, 2019

Here we go again. We’re approaching another deadline to pass a government spending bill or risk a government shutdown. Legislators routinely manufacture this sort of “crisis” to ram through provisions that wouldn’t survive scrutiny standing on their own. Congress is…

by and | Nov 8, 2019

American politics are nasty and often counterproductive because we have tried to solve too many problems politically, through government programs, rather than socially, through civil society. We have substituted bureaucracies for individual and community initiatives. Historically, America was built by…

by | Oct 31, 2019

It’s time for the annual congressional fight over the Renewable Fuel Standard, or RFS. In one corner sit corn farmers and their representatives, who fight tenaciously not just to preserve the RFS but also to expand it. In the other…

by | Oct 29, 2019

A decade after the 2008 taxpayer bailout, Americans remained skeptical of banks. According to a 2018 survey, one-third of the public had “hardly any confidence in bank leaders” as compared to 10 percent before the bailout. In reality, the rescue…

by | Oct 24, 2019

It’s open season on wealth and those who create it. Candidates for the Democratic presidential nomination like Sen. Bernie Sanders, for instance, say that “Billionaires should not exist” and the wealth disparity in America is “a moral and economic outrage.”…

by | Oct 23, 2019

When one spends any time criticizing the U.S. patent system or those who profit from it while offering dubious benefits to the consumer, one inevitably runs up against a particularly annoying rhetorical tactic employed by those same profiteers. “How can…

by | Oct 22, 2019

There’s a concept in business called the “decoy effect,” whereby crafty marketers present an unfavorable option to manipulate consumers toward a more profitable one. The classic business-school example is movie theaters providing three sizes of popcorn: the price of the…

by | Oct 10, 2019

The U.S. trade deficit in goods and services increased to $54.9 billion in August, up from $54.0 billion in July. That’s because imports grew more than exports overall. While President Donald Trump will see this higher trade deficit as a…

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