Sports are often defined as much by their controversies as they are their highlights. For college football, when debate is not focused on the proper way to crown national titles, the topic of player compensation is one of the most heated — and perhaps important — debates. It’s also one frequently plagued by bad economics, highlighting common misunderstandings about capital and labor.
Writes James Bovard in USA Today:
The Justice Department was caught in another high-profile travesty last month that continues to reverberate through the western states. On Dec. 20, federal judge Gloria Navarro declared a mistrial in the case against Nevada rancher Cliven Bundy and others after prosecutors were caught withholding massive amounts of evidence undermining federal charges. This is the latest in a long series of federal law enforcement debacles that have spurred vast distrust of Washington.
Star Wars: The Last Jedi is now the only topic more controversial than Trump, and certainly the only one causing a larger number of pointless debates. Given this dubious distinction, it’s fitting that The Intercept’s Kate Aronoff has brought the two issues together in a recent commentary on the film.
Through November of 2017, the State of Colorado collected more than $226 million in revenues from cannabis taxes, licenses, and fees. That’s a lot for a state government with total discretionary spending of about $10 billion.
In modern America, government schools are one of the last remaining truly socialist institutions. And when I use the term socialism, I’m using the technical and old-school definition: government ownership of the means of production.
Although private schools do exist in America, schooling in general — especially at the pre-college level — is overwhelmingly delivered by government-owned institutions called “public schools.”
According to multiple sources, Attorney General Jeff Sessions is going to revoke the Obama-era Cole Memo, which directed federal law enforcement to respect states’ marijuana legalization laws.
Readers of Ludwig von Mises appreciate not only the depth and breadth of his insights, but also the elegance of his language. Even writing in English, a language he adopted in middle age, Mises conveyed dense conceptual theories and big ideas with a vigorous style not normally associated with economists. Nothing in his writing is dry or technical. This is why, for example, opening Human Action to any random page can yield immediate benefits.
