A “Universal Basic Income” Costs More Than You Think
According to some media reports, the Universal Basic Income (UBI) party in Finland is coming to an end.
According to some media reports, the Universal Basic Income (UBI) party in Finland is coming to an end.
We’ve long been told that Cuba’s health care system is one of the greatest in the world. In spite of the fact that health usually correlates with wealth in national statistics, we’re assured that Cuba’s obvious poverty is offset, at least in part, by amazingly low infant mortality rates and life expectancy.
Congratulations to Israel Kirzner who received the Distinguished Fellow Award from the History of Economics Society at its 2018 annual meetings held in Chicago this past weekend.
In a time in which President Trump is saying that the U.S. government will lift economic sanctions against North Korea if it “denuclearizes,” why not lift the decades-old U.S. economic embargo against Cuba? After all, Cuba “denuclearized” back in 1962. Why is the U.S. government still punishing the people of Cuba with its brutal economic embargo?
The Trump Administration recently announced that the US will withdraw from the United Nations Human Rights Council. Their justification is that the council consists of human rights violators, such as Cuba, China, and Venezuela, and has demonstrated a bias against Israel.
UN Ambassador Nikki Haley took to the pages of the Wall Street Journal to further expand on the decision, writing:
The hypocrisy of the EU in two images.
“EU to impose duties on U.S. imports Friday after Trump tariffs”...
Really?
In a constantly changing media landscape, the value of the shock political poll continues to stand the test of time. Whether it comes in the form of man-on-street interviews, or the slightly more scientific polling firm, seeing a surprising number of Americans give their support to an outlandish position is an evergreen idea to spawn clickable blog posts and perhaps even a spot on Drudge Report.
Attorney General Eric Holder arrives today in Ferguson, Missouri, in response to the unrest after a local policeman shot 18-year-old Mike Brown. Holder assured the people of Missouri: “Our investigation into this matter will be full, it will be fair, and it will be independent.”
But Holder’s own record belies his lofty promise. As the U.S. Attorney for the District of Columbia from 1993 to 1997, Holder was in charge of policing the local police. When police violence spiraled out of control, he did little to protect Washington residents from rampaging lawmen.
What should politically vanquished people do? Should they resist the political status quo no matter what, or accept it in the spirit of civil comity and bide their time for the next election? What if their political fortunes are waning, and they are ever less likely to prevail politically? What rights and powers do seemingly permanent political minorities (e.g. libertarians) possess? At what point is open rebellion permitted in a supposed democracy, and how do we judge principled resistance as opposed to sour grapes from political losers?