Mayor Lori Lightfoot chided businesses for not doing enough to protect themselves from theft. But Chicago's government does a lot to prevent private businesses from doing this.
With new mask and vaccine mandates, New York's Governor Kathy Hochul has reaffirmed the state’s status as the nation’s most zealous practitioner of covid cultism.
Regulatory powers have enabled government agencies to push vaccine mandates in new ways. But the welfare state also offers many ways to "encourage" compliance from nearly everyone.
It is clear that there are situations in which the unions’ interests diverge from the public’s interest in transparency and good policing. But the unions’ interests also often diverge from the interests of individual members.
“Africa doesn’t have the vaccines and the resources to fight COVID-19 that they have in Europe and the U.S., but somehow they seem to be doing better.”
Economics is not simply a series of transactions with hidden implications. Rather sound economics understands that long-term effects outlive the short-term effects of every economic principle or policy.
China's industrial policy has been marked by many failures and few successes. Rather, China's real growth has been fueled by the regime's limited turn to markets.
