The Great Reversal: How America Gave Up on Free Markets
According to Philippon, in some industries Europe has a freer market than America does. The solution is somehow more regulation.
According to Philippon, in some industries Europe has a freer market than America does. The solution is somehow more regulation.
Hacking off soldiers' limbs was a favorite technique of Civil War surgeons, largely because doctors wanted to avoid blame for later cases of gangrene. So doctors erred on the "safe" side. Many patients may have disagreed.
Hacking off soldiers' limbs was a favorite technique of Civil War surgeons, largely because doctors wanted to avoid blame for later cases of gangrene. So doctors erred on the "safe" side. Many patients may have disagreed.
New York and New Jersey have produced more COVID-19 deaths than the rest of the country combined. So politicians have repeatedly claimed that the nation is "two weeks behind New York" to drum up support for extreme lockdown measures.
On the 250th anniversary, we recall that the Americans were willing to disperse, but not to disarm. In 1775, they took up arms against one of the most powerful regimes on earth.
In an effort to defy Donald Trump, Andrew Cuomo, NBC, and CBS have suddenly embraced what they have long hated: state sovereignty and the extensive decentralization mandated by the Tenth Amendment.
The costs of this government-forced economic collapse—in terms of lost lives and ruined health—are likely to be devastating.
Although it doesn't explain everything, it's always a good idea to ask "who benefits" whenever governments step in to "solve" a crisis.
Rose Wilder Lane was one of the past century's most ardent proponents of liberty. Give Me Liberty, which traces her evolution from communism to a devotion to liberty, is as relevant to the present as it was in 1936.
If we insist on "collective" responsibility assigned to entire nations, then we must naturally punish the innocent along with the guilty.