With the recent collapse of air traffic control systems at Newark International Airport, air safety again is in the news. The problem is that the US ATC system is run on socialist principles. To fix this problem, turn to private enterprise.
While Trump has not yet turned to price controls to address America‘s absurdly high drug prices, Monday‘s executive order suggests that he soon may.
Progressive supporters of USAID claim that the agency does vital work overseas to provide medical care and other necessities for the poorest of the poor. Yet, a careful look at its record reveals that USAID often is a hindrance to the very people it claims to help.
California economist and resident/victim William Anderson joins us to talk about the absurdity of California's bullet train plan, and how it ignores economic realities.
Like presidents before him, Donald Trump is using the IRS as a weapon against organizations he doesn‘t like. Richard Nixon did the same thing—and it helped bring down his presidency.
In the name of fighting income inequality, pundits in the UK and US are calling for wealth taxes as magic bullets that will restore an imaginary state of income equality that never existed in the first place. It is time to abandon this idea for good.
Oh, I know, you aren’t really against free trade per se. You just demand a “level playing field.” Demanding a level playing field for international trade is a complete waste of time.
In the world of private enterprise, business owners pay attention to costs already incurred that cannot be recovered, also known as “sunk costs.” Government officials, however, see sunk costs as an incentive to promote public projects where costs clearly outweigh benefits.
Real ID is the latest example of the government using 9/11 as an excuse to grab more power.
Free markets and free minds must push back against the mercantilist and populist policies associated with current Keynesians; we must draw upon the foundational ideas of economists such as Ludwig von Mises, Friedrich Hayek, Israel Kirzner, and Murray Rothbard.
