Senator Elizabeth Warren proposes a ban on stock ownership by members of Congress. “They can put their savings in conflict-free investments like mutual funds,” she explained last week, “or they can pick a different line of work.” Given that a…
Billionaire sports team owners are increasingly strong-arming local, city, and state governments into financing extravagant (and exorbitant) new stadiums. For example, in St. Petersburg, Florida, the Tampa Bay Rays, a Major League Baseball franchise, plans to build a pricey new…
The greed of Sin City may have finally caught up to it. Recent financial reports out of Las Vegas from the two heavyweights — Caesars Entertainment and MGM Resorts International — show declining revenues and stormy projections. Metrics are bad…
Something’s gotta give in Oakland. But this time, it might not be the government. The city hasn’t had a great few years when it comes to sports teams. The Oakland Raiders won’t be called that for much longer, bound for…
Luke Skywalker was tempted by the Dark Side — but didn’t give in to it. Elon Musk and Jeff Bezos did. Both began as promising free market Jedi — but have become Sith Lords of crony capitalism. Musk went from earning an…
(Debra Saunders is off this week.) American firms cheering for protectionism in the form of tariffs on their foreign competitors should be careful what they wish for. As they say, “What goes around comes around.” Case in point: The American…
Are you tired of all the winning yet? If you are a conservative who has followed the trajectory of the Consumer Financial Protection Bureau (CFPB), you might be getting to that point. From its inception, the CFPB has been a…
The chattering class is wedded to a view of Trump as the most blinkered of protectionists, who is just itching to foment trade wars. That’s why the media completely ignored his call to eliminate tariffs altogether, which he proposed at…
In a much anticipated, but not surprising decision, the European Commission just announced that Google has been fined $5 billion for abusing its market power in the Android world in order “to cement its dominant position in general internet search.”…