Why We Get More Policing Than We Need: It’s “Free”
Because policing is heavily subsidized by taxpayers, people call the police far more than they would otherwise.
Because policing is heavily subsidized by taxpayers, people call the police far more than they would otherwise.
Private policing isn't some fantasy, and it isn't just a luxury enjoyed by the rich.
Many encounters will police escalate to the point of violence because the list of criminal offenses is so long, and the penalties are so draconian.
Minimum wage laws increase joblessness, so French and German workers use minimum wages to drive Eastern European workers out of the market.
Our monetary system favors those who are already-wealthy at the expense of those who are only beginning the wealth-building process.
An "I voted" sticker is no substitute for a simple receipt.
James Grant has shown us how the only sure cure for depression is deflation and liquidation of overblown resource and asset prices.
There are two sets of rules that function in America. One set for the political class, and another set for everyone else.
The delinquency rate is an indicator for "credit stress," but few are paying attention to its sudden rise. Is a new banking crisis imminent?