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We take so many things that make daily life easier for granted. But entrepreneurs are usually behind what often amounts to revolutionary changes.
SocialismCalculation and KnowledgePhilosophy and Methodology
Hard-left "democratic socialists" think they figured out how to make government planning possible: use prices. But there's a problem in their argument: prices are impossible without markets.
Financial MarketsGlobal EconomyMoney and Banking
Pumping yet more credit into the Eurozone is as effective as giving adrenalin to a dead horse.
Democracy works best at a small scale. The electoral college's nod to this reality is much too weak. But it's better than nothing.
Big GovernmentBureaucracy and RegulationGlobal Economy
Europe is falling behind North American and China in the tech sector. This is not by chance or bad luck, it is by design.
Abuse of power by police won't magically disappear if racism does. There are still plenty of reasons for police to abuse power, and few reasons for the public to believe that police will be held accountable.
Big GovernmentThe EnvironmentGlobal Economy
The Eurozone's massive "green" policy plan has the EU facing high unemployment, stagnating growth, and energy bills of twice as much as seen in the US.
The US government once destroyed an entire industry because an anti-drug bureaucrat was too ignorant to understand the difference between hemp and marijuana.