People are innovative—if government doesn't get in the way. Entrepreneurs in developing countries find alternatives for people cut off from commercial banking services.
All too often we are told that government employment equals selflessness and working for profit constitutes greed. It's time to reassess the meaning of certain words.
Because police protection of students is inadequate, Temple University of Philadelphia has hired private police to help keep students safer from crime.
As crime rates rise and government policing fails, more and more people are turning to private security, which is more effective in preventing crime than government police.
Following the attack on Paul Pelosi, the Capitol Police office has demanded a big budget increase. This is not to increase safety but rather to increase the agency's bureaucratic reach.
Last year, Powell was full of confidence. Now what we have from the Fed and FOMC are increasingly vague statements about "soft landings" and inflation.
