Higher education has become unaffordable and its curriculums hopelessly politicized. We should remember that all of this is a result of programs developed more than a half-century ago to make higher education more accessible.
"Modern medicine looks more like a religion than a science—and its priests are bureaucrats."
"Bureaucracies never had to prove they helped—they only had to follow the rules and demand obedience."
"In government, failure is success—and the worse you do, the more money you get."
The Green New Deal was proposed in 2019 and became the legislative centerpiece of the Biden administration. Like the first New Deal, it has garnered favorable media coverage, legislative hype, unkept promises, and a dismal track record.
Rather than engaging in futile debates about reparations and colonial grievances, developing countries should focus on forward-thinking policies that drive progress.
Economist Robert Higgs described the “ratchet effect” in which government either creates a crisis or responds to one, leading to a permanent expansion of government power. After the crisis ends, government retreats—but not to the point where is was pre-crisis.
Jamaica has emerged as a prime destination for investment under the leadership of Prime Minister Andrew Holness. The country has fostered a business-friendly environment.
College football has finally experienced an athlete‘s holdout in order to leverage a hoped-for payday. In the case of Nico Iamaleava, he tried to leverage more money from the University of Tennessee but failed spectacularly. There are economic lessons to be learned here.
One of the arguments given in favor of tariffs is that they will enable domestic manufacturers to better compete with producers abroad. While people may believe that to be true, the problem is that tariffs don't create a good foundation for capital development.
