Florida Senator Bill Nelson is seizing on the BP oil spill as an excuse to pass federal “price gouging” legislation. It’s certainly nothing new to see anti-market politicians stirring up populist rage with these so-called “price gouging” laws. Many states already have them on the books, and politicians are quick to warn greedy capitalists against […]
read more...Eline van den Broek probably is not happy today since she was in South Africa watching her team lose a high-scoring battle with Spain, but she should be very proud of the new video she narrated that urges the repeal of Obamacare – and also points out some of the other reforms that are needed to […]
read more...This CF&P Foundation video explains that repealing Obamacare is just the first step if we want to genuinely restore a free market and create an efficient and cost-effective healthcare system.
read more...Shakespeare would likely describe the latest major legislation winding its way through Congress as a piece of legislation crafted by idiots, full of sound and fury, signifying nothing. Rather than address the systemic distortions created by prior government policies, and which caused the financial meltdown, policy makers are now “[putting] a lot of faith in […]
read more...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 stimulus pprogram in 2009 and the bloated new healthcare entitlement in 2010. Big companies, […]
read more...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 subject to political pressure and must make decisions on factors other than economics. The obvious […]
read more...Here’s a cheerful story I saw linked on Drudge, which shows that sometimes rich people are not guilt-ridden statists and instead stand shoulder to shoulder with ordinary people to fight bad government policy. In Australia, the leftist government wants to impose a class-warfare tax on the mining industry, but the scheme is backfiring as opponents […]
read more...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 contention that there was significant “deregulation” during the previous decade. He also continued […]
read more...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 employer-provided insurance. Sadly, Obamacare will push the system even further in the wrong direction. And when […]
read more...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 their lives. The Bible ranked number one and Ayn Rand’s Atlas Shrugged was number […]
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