Profit and loss is a powerful feedback mechanism
Daily Analysis
Government Run Amok at the Bureau of Alcohol, Tobacco, and Firearms
More government misbehavior escapes punishment.
Overcoming FDA Bureaucracy and Saving Lives with Expanded “Right to Try”
FDA red-tape kills.
Does Making Government Bigger Make It More Competent?
Smaller governments are more efficient.
Will Conservative Populists Save CFPB’s Gift to Trial Lawyers?
Senate should stand firm against pro-trial lawyer lobby.
India’s Disastrous War Against Cash, Encouraged by American Taxpayers
I wrote a four-part series about how governments are waging a war against cash, with the first two columns looking at why politicians are so interested in taking this radical step. In Part I, I looked at the argument that cash should be banned or restricted so…
By Making it Easier to Fire Workers, Macron’s Reforms Will Encourage French Employers to Hire More Workers
Workers suffer from rules that discourage entrepreneurs from creating jobs.
Taxpayers Are Getting Drowned by Government-Subsidized Flood Insurance
Perverse incentives encourage risky development.
Disagreeing with Liberal Socialism, Despising Marxist Socialism
The different flavors of socialism.
Limiting Taxpayer-Financed Vacations and Political Junkets
If only politicians would pause and think about whether they’re squandering other people’s money.