Tate Fegley, a 2018 Research Fellow, joined the Tom Woods show to discuss the perverse incentives that exist with government law enforcement, and how the private market would be a better approach to police services.
To read more from Tate on the topic, check out his Mises Institute author page.
In a recent article, New York Times columnist Paul Krugman was aghast at the draft memo outlining a Trump Administration proposal to subsidize nuclear and coal-fired power plants because of their superior resilience in the face of human or natural disasters.
The meat-grinder politics beginning with the 2016 campaign has triggered proposals to rescue us from a crisis of democracy. At least two authors — Jason Brennan, in Against Democracy and Dambisa Moyo, in Edge of Chaos — have suggested that letting more knowledgeable citizens’ votes count more might be a useful reform.
In an attempt to compete with California for the political jurisdiction with the most economically destructive policies, Seattle’s city council recently approved head taxes on large businesses in the city.
To this day, the Marshall Plan, that enormous government program for foreign aid and wealth redistribution, is still held up as a model of good government planning, and of the benefits of forcibly redistributing the taxpayers’ money.
A common criticism levied at the capitalist system is that resources are prioritized on the ability to pay. The wealthy are able to better compete for resources when compared to the poor, creating an inequitable distribution of resources in favor of the rich. A common solution presented to this perceived problem is to convert to a socialist society, where the State is responsible for provisioning and distributing goods. As the argument goes, if the government is responsible for this provisioning, the issue of inequitable distribution will be solved and everyone will have access.
