In his inaugural speech, New York Mayor Zohran Mamdani declared an end to “rugged individualism” and the embrace of “the warmth of collectivism.” New Yorkers are about to find out that collectivism will not produce what they need to have better lives.
Although New York mayoral front-runner Zohran Mamdani has made some very popular promises, his litany of free stuff will run headlong into economic reality soon enough.
Landlords have been using AI tools to get a better idea of market conditions and changes in the rental market. Naturally, the government is trying to end this practice under the false belief that such tools involve collusion.
The standard line for passenger rail travel in the US is that we need a government-subsidized entity like Amtrak because while there is a “need” for such service, it is impossible to provide it profitably. However, profitable travel is possible, but would require the end of Amtrak itself.
Apparently, Ireland's government has not learned any lessons from rent control disasters elsewhere. Thus, the Irish will have to learn this hard lesson and face the consequences of their economic folly.
Apparently, Ireland‘s government has not learned any lessons from rent control disasters elsewhere. Thus, the Irish will have to learn this hard lesson and face the consequences of their economic folly.
By introducing legislation to raise the federal minimum wage to $15 an hour, Republican Sen. Josh Hawley is demonstrating that while Republicans like to talk about free markets, they are statists and interventionists like their Democratic colleagues across the aisle.
By introducing legislation to raise the federal minimum wage to $15 an hour, Republican Sen. Josh Hawley is demonstrating that while Republicans like to talk about free markets, they are statists and interventionists like their Democratic colleagues across the aisle.
As housing prices have skyrocketed in Ireland, the government did what governments do all too often: impose rent controls. Such interventions into the housing market have created downstream effects that continue to encourage even more intervention.
As housing prices have skyrocketed in Ireland, the government did what governments do all too often: impose rent controls. Such interventions into the housing market have created downstream effects that continue to encourage even more intervention.
