Daily Analysis

Five Things We Should Worry about in 2011

The mid-term elections were a rejection of President Obama’s big-government agenda, but those results don’t necessarily mean better policy. We should not forget, after all, that Democrats rammed through Obamacare even after losing the special election to replace Ted…

Great Moments in Local Government

The South Los Angelos City Council is not satisfied with the culinary choices of the people of South Los Angelos. While consumers have been voting one way with their wallets, the City Council has voted to use government force to override their preferences. How many…

Free Labor For Me, But Not For Thee

Government bureaucrats think it is their business to prevent individuals from entering voluntary contracts with companies or organizations if the level of compensation does not meet some arbitrary threshold. Congress has used minimum wage laws to prevent certain…

Government Insurance Meddling Costs Kids Coverage

Consider this a prelude to Obamacare: Tens of thousands of Texas children will be directly affected by the 11th-hour decision of a number of major health insurance companies to stop selling child-only policies rather than comply with the new federal law that requires…

The Environmentalist Death Toll

National Review has a column reviewing a new book, 3 Billion and Counting, that dissects the harsh human cost of banning DDT. There are things that should be banned, of course, but such decisions should be based on sound science and cost-benefit analysis. Sadly,…

Fannie, Freddie, Basel, and the Fed

George Melloan’s column in the Wall Street Journal discusses the new Basel capital standards and correctly observes that 22 years of global banking regulations have not generated good results. This is not because requiring reserves is a bad thing, but rather because…