Economic mythology said governments must regulate markets to prevent monopolies. In reality, it is the government regulation itself that creates monopolies, which do not emerge in free markets.
The student loan program not only is saddling young people with huge debts, but it also encourages colleges and universities to charge higher tuition. When President Obama nationalized the program, it was supposed to end students indebtedness, not increase it.
When municipalities embrace new technologies, people often refer to them as “smart cities.” However, all too often these technological “revenue enhancers” are nothing more than shakedowns of local citizens.
It’s finally clear to everyone that President Biden is not running the federal government. Yet the government is carrying on as it always has. It’s important to understand why.
Kamala Harris is more than a continuation of the Obama-Biden progressive interventionism at home and abroad. She's an acceleration.
Under the regime of apartheid, South Africa's government engaged in legal discrimination. In the new South Africa, the government also engages in legal racial discrimination in the name of "equity."
Recently, the Biden administration introduced plans to limit increases in apartment rents to 5% annually.
Economic mythology said governments must regulate markets to prevent monopolies. In reality, it is the government regulation itself that creates monopolies, which do not emerge in free markets.
Many small colleges are shutting their doors, and it is largely the fault of overexpansion, government protectionism, and bureaucratic infiltration.
For all of the claims that governments “create jobs,” in reality, government jobs come at a greater cost than any value those jobs may create. Government jobs are a burden to the economy.
