December 14, 2017 is increasingly looking like a day that could go down in history for all the right reasons — namely, as the day when the tech industry’s stranglehold on Washington, D.C. policymakers was broken. That day, Ajit Pai’s…
William Ackman’s campaign against vitamin supplement company Herbalife came to a halt recently, following a years-long campaign to use a government apparatus meant for protecting consumers to bankrupt a stock he had bet against. While Ackman ended up losing money…
More than 40 years ago, Japan flooded the U.S. market with inexpensive small cars — their manufacture directly subsidized by the government of Japan, their manufacturers working in close concert with the government of Japan. Meanwhile, American cars were effectively…
Under the leadership of Scott Gottlieb, the U.S. Food and Drug Administration (FDA) has the potential to embrace innovation and shed its reputation of being a slow-moving, politically manipulated agency. But there are problems that need to be addressed. For…
The best rackets are legitimate. A century ago, the people accepted flagrant public corruption. Dim cynicism the popular spirit, it’s likely they’d still be so disposed today. But the politicians and their swarms of supplicants have acquired subtlety and subterfuge….
The Institute for Justice (IJ) recently released an updated edition of its report on the state of occupational licensing in the country. The report, which examines the licensing requirements for 102 different occupations across all fifty states and the District…
“America First” apparently isn’t supposed to apply to American workers who don’t work for an American company. At least, it’s hard not to reach that conclusion based on recent events surrounding washing machine manufacturer Whirlpool’s complaint to the United States…
Crony capitalism is one of the biggest problems the American economy faces today. In order to gain an artificial advantage over competitors, cronyistic businesses push for economically damaging regulations, restrictions on trade, and market-distorting subsidies and tax breaks. Confronting such…
Should the American taxpayer be required to subsidize an industry that could not survive on its own? Following news that President Trump’s draft budget repeals the $7,500-per-vehicle federal tax credit for electric cars, Tesla’s share price took more than a…
Last week Colorado Senator Michael Bennet proposed a soil conservation measure that would end a loophole, whereby taxpayers are again subsidizing the plowing of fragile grasslands that are highly susceptible to erosion. Good for him. He is right about the…
