The modern health insurance industry, a by-product of government regulation and tax policy, has led to a system in which the consumer of medical services doesn’t know the costs or final prices charged for services. Without a functioning system of price signals, prices cannot be contained.
The trucking industry has historically offered many opportunities for small-scale owner-operators and laborers alike. Government management of the industry, however, from environmental regulations to labor guidelines, have cut deep into trucker productivity, all the while raising prices for both...
One of the most common ways in which cronyism manifests itself in Serbia is when professional degrees and employment positions are awarded based on political party membership , and not on the basis of professional expertise.
Republicans are certainly not in a position to legislate radical monetary reform. But that is no excuse for a careless decision by the would-be reformers to veer into a cul-de-sac under the misleading directions of Professor Taylor.
An increasing percentage of migrants to the US-Mexican border are from Central American countries. It is not merely a coincidence that these same areas have been devastated by the American war on drugs, which has destroyed economies and increased crime in much of the region.
Industrious low-income people often must turn to doing business in the black market to avoid the burdensome costs of government regulations. The creation of a cashless society would ensure that even these opportunities to make a living will be abolished forever.