Brazil’s carnival celebration is a huge event that also is heavily subsidized by government at all levels. Yet carnival would do very well if the subsidies were replaced with entrepreneurial investment.
While progressives tout foreign aid to poor countries as socially and economically beneficial, in truth it makes poor nations even poorer. Foreign aid is a poor substitute for free trade and free markets.
Ryan and Zach talk about the signs that the West is slowly abandoning its goal of total victory over Russia in Ukraine.
The recent raid on an Amish family farm is the direct result of government protectionism of big agriculture through needless and cumbersome regulations.
Critics of Boeing are blaming free markets and the profit and loss system for recent safety failures. However, Boeing hardly operates in a free market anymore, given that half its revenues come from taxpayers.
In the early republic, debates over constitutional rights were centered on state bills of rights. But, over time the state charters were gradually co-opted by federal judges and courts.
“The public be damned” is a statement by railroad magnate William Henry Vanderbilt that has been twisted out of context. While the American ruling classes insist that private enterprise is the enemy of the people, it really is our government that bears that distinction.
One of the great myths of US history is that Herbert Hoover was a laissez-faire president. In truth, he intervened in the economy more than any of his predecessors, creating the crisis known as the Great Depression. His successor made things even worse.
While Vivek Ramaswamy was unsuccessful in his Republican presidential primary bid, at least he helped to demystify the Federal Reserve. This is not the usual political rhetoric the public receives.
California’s legislature wants to combine the idea of two-part price discrimination with a soak-the-rich mentality in charging for utilities. What possibly could go wrong?
