Taxes and Spending

Sound money is the most important check on government spending.

If consumers are free to choose, any entrepreneur focused on serving customers can compete against even huge established corporations. Moreover, the market provides a way to reward the most innovative and customer-centered entrepreneurs.

Thanks to government loans, the price of college has skyrocketed in recent years because student loans mean colleges can raise their prices without driving away otherwise-price-sensitive students.

The Henry Hazlitt Memorial Lecture sponsored by Hunter Lewis

New York will legalize MMA, but plans to tax Mixed Martial Arts events at an even higher rate than boxing or wrestling matches.

Terrorism gripped the headlines again as terrorists struck Brussels, but this latest colossal security failure for Europe and the West is not likely to lead to an evaluation of the value of state security.

In an unhampered economy, we would measure economic progress by a need for fewer work hours and fewer jobs. In our mixed economy, it's impossible to say whether more jobs reflect an improving or a worsening economy.

Whenever government wants to raise taxes, it immediately threatens to cut the most popular government programs first, if it doesn't get its way. Thus, the governor of Louisiana says he'll cut LSU's football program.

For the Republican elites, it probably seemed like business as usual when the 2016 primary election started. But in a country where people are truly worried about their economic future, the old rules don't apply.

Imposing restrictions on trade is not a mere academic exercise. It requires government agents, courts, prisons, police, and the whole panoply of the punitive, coercive state. To oppose free trade is to support more jails, fines, regulations, and more.