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James Tift Champlin (1811–82) was born in Colchester, Connecticut. He enrolled at Brown University in 1830, where the president, Francis Wayland, greatly impressed him.
Wayland was a staunch defender of private...
Cronyism and CorporatismPoverty
There are two kinds of inequality. One develops as societies innovate and become more productive. The other kind results from government corruption and intervention.
PovertyProtectionism and Free TradeWorld History
Protectionism is often most damaging when it prevents entrepreneurs from accessing products and services that would have increased domestic capital and worker productivity. The result is poorer workers and less productive domestic industry.
Decentralization and SecessionProtectionism and Free TradeWorld History
EU membership is a sort of bait-and-switch for states that were sold on membership as an opportunity to join a free trade bloc and a chance to participate in a more cooperative Europe.
Bureaucracy and RegulationEconomic FreedomSocialism
Free the liquor stores to sell what products they want, what days of the week they want, what hours they want, and to whom they want.
Decentralization and SecessionHealth
The fight against COVID-19 would benefit from a comprehensive deregulation of the market for testing. A brief look at India shows the damaging roadblocks to solutions that regulations impose.
Chile, like many other countries, needs to do this: cut taxes, deregulate, and limit spending.
Efforts by US policymakers to boost crude prices and to throw a lifeline to high-cost US crude producers is the exact opposite of what prices are telling us the market needs at this time.