A real reason for Americans to be frightened.
Daily Analysis
Switzerland’s Improbable Success and the Important Role of Federalism
On the benefits of decentralization.
Balancing IP and Competition in the Auto Parts Market
A Congressional hearing tomorrow will consider issues raised in a new CF&P paper.
Government Regulation Will Ruin the Internet
The President is no doubt still reeling from the electoral drubbing his party took in the recent midterm elections. He shouldn’t take his anger out on the internet.
Debunking the Sloppy and Inaccurate Economic Argument for Export Subsidies
The Export-Import Bank is noxiously corrupt example of crony capitalism. It never should have been created. But that’s something we could say about most government programs. So the real question is how to reverse the damage. If we reform a big program such as…
The Real Problem With the “Christmas Tree Tax”
Yesterday evening, Heritage spotted a conspicuous entry in the day’s publication of the Federal Register, defining a new tax on Christmas trees, which would fund a Christmas Tree Promotion Board. The story quickly blew up and went viral, and now the…
The Only Fair Trade Is Free Trade
Walter Williams explains why politicians and bureaucrats shouldn’t have the power to tell us what we’re allowed to buy. At first blush, the mercantilists’ call for “free trade but fair trade” sounds reasonable. After all, who can be against fairness? Giving the idea…
Postal Service Reform is Easy
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…
America Will Now Be the Unquestioned World Leader…But in the Wrong Way.
The United States has a very anti-competitive corporate tax regime. The federal tax rates is 35 percent and the average of state corporate tax systems brings the rate to nearly 40 percent. In Europe, by contrast, the average corporate tax rate is about 25 percent….
The Sleazy Combination of Big Business and Big Government
There’s an article in the Wall Street Journal showing how already-established companies and their union allies will use the coercive power of government to thwart competition. The article specifically discusses efforts by less competitive supermarkets to block…