by Brian Garst | Jun 19, 2010 | Big Government, Blogs, Competition, Free Market
The U.S. Postal Service has been hemorrhaging money for decades, and it’s not hard to understand why. As a government protected monopoly, the Postal Service cannot adjust to changing market conditions like an ordinary business. In addition, they are often...
by Brian Garst | Jun 18, 2010 | Big Government, Blogs
When you’re a government bureaucrat, it’s never a bad time to interrupt people with real jobs, doing real work, in order to apply pointless rules. Rather than deploying all resources to address the oil spill in the Gulf, the Coast Guard has been holding...
by Brian Garst | Jun 18, 2010 | Blogs, Minimum Wage
Our latest Econ 101 video is a must watch. If you haven’t seen it yet, Orphe Divounguy succinctly explains the role of minimum wage laws in creating unemployment in this video titled, “The Job-Killing Impact of Minimum Wage Laws:” Minimum wage laws...
by Brian Garst | Jun 17, 2010 | Bailouts, Big Government, Blogs, Tax Competition, Taxation
Big Government bailouts haven’t just been directed toward businesses and Wall Street, they’ve also been deployed to prop up Big Governments. Having taken “stimulus” money while fully aware that it was a one-time windfall, politicians in many...
by Brian Garst | Jun 16, 2010 | Bailouts, Big Government, Blogs, Europe
Britain’s Conservative MP Daniel Hannan, made famous in America for the viral YouTube video of his fiscal takedown of Gordon Brown, recently wrote of his regret for supporting Barack Obama in the general election of the 2008 presidential campaign. A European...