Regular readers of this blog know that big corporations often are enemies of free markets and individual liberty. So it is hardly suprising to know that the Business Roundtable, a lobby representing CEOs of major companies, supported the wasteful and ineffective…
Daily Analysis
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…
President Obama's Disastrous Response
President Obama used his first televised speech from the Oval Office, ostensibly on the topic of the BP oil spill, to run through his usual speech-making checklist, which includes blaming Bush and beating up on idealogical straw-men, like his long ago debunked…
The Way Healthcare Should Function
This article from the Weekly Standard almost makes me want to cry with frustration. It shows how the healthcare system generally would function in the absence of government-imposed distortions such as Medicare, Medicaid, and (especially!) the tax loophole for…
The Enduring Influence of Ayn Rand and Atlas Shrugged
In a review of two new biographies about Ayn Rand, Charles Murray explains what made her books – particularly Atlas Shrugged – so powerful and persuasive: In 1991, the book-of-the-month club conducted a survey asking people what book had most influenced…
Brazil’s President Is Wiser than Obama
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was…
Brazil’s President Is Wiser than Obama
Every so often, perhaps inadvertently, a collectivist says something very smart. In the case of Lula da Silva, Brazil’s socialist president, he made the common-sense observation that you can’t redistribute without first producing. He didn’t quite realize what he was…
Killing Jobs with Class Warfare Corporate Taxation
Richard Rahn’s Washington Times column makes several key points about corporate taxation, including the fact that excessive taxation of capital (the corporate income tax being just one example) is extremely foolish such taxes impose the most damage – per dollar…
Excellent Defense of Supply-Side Economics
I recently posted favorable comments about a National Review article that made two important points about fiscal policy and supply-side economics. First, the article reminded “supply siders” that the burden of government spending is very important (and…
Why Do I Hate Republicans? Let Me Count the Ways.
Apologies to Elizabeth Barrett Browning, but I had to paraphrase her famous line after reading this Bill McGurn column in the Wall Street Journal about how Republican poliitcal hacks in the Illinois state legislature voted to kill a voucher bill that would have…