“All government contracting and licensing is subject to these kinds of forces,” said Douglas Berman, a law professor at Ohio State University who authors a blog on marijuana policy. …“There’s a lot of deal-making between businesses and localities that creates the environment of everyone wo...
And nowentitlement spending is explodingbecause the baby boomers are retiring and Social Security, Medicare, and Medicaid expendituresare growing rapidly. The bottom line is that America is careening toward a fiscal crisis. Democrats want to step on the gas and most Republicans arehappy to go along...
But it’s also true that their economic policy wasa version of socialism(fascism involvesgovernment controlrather than government ownership, butthe result is the same). Here are two videos from Prager University for those who want more information. First, we can learn about communism and Nazism....
Here are some excerpts from a column in yesterday’s New York Times by two professors, Filipe Campante from Johns Hopkins University and Raymond Fisman from Boston University. Barely a day goes by before another corporate chieftain is cozying up to our new president. An early payoff has already...
I am terrified about the prospect of more protectionism. If Trump merely targeted China, it might be possible to justify his actions because of national security. But he wants to be “Tariff Man” for all cross-border commerce. Didn’t work for Hoover. Won’t work for Trump. I desperately...
Lawrence H. White of George Mason University, offers a different reason for this staying power in his instructive 2012 bookThe Clash of Economic Ideas: The Great Policy Debates and Experiments of the Last Hundred Years: namely, that Keynes’s alleged solution to the Great Depression offered hope...
The prospect of spending the rest of his life in Cuba, or Ecuador, or Venezuela seems like a poor alternative. Does Snowden really exist? I started to realize that we suddenly knew a great deal about very little. Virtually every photo we see of Snowden is from the interview. He can't ...
Libertarians – and economists – haven’t done a good job of explaining the benefits of free trade. Telling the man on the street that free trade is a fundamental truth has not worked. “Democracy” is anothermajorissue; people throw the word around like a baseball, but its fundamentals ...