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MARKETS
Trump’s ‘Infrastructure’ Plan Versus Obama’s ‘Stimulus’: Part II
“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.”
Sacrifice, Price-Controls, and Statism vs. Self-Interest , Profit-Seeking, and Freedom
During the gasoline shortage that began in 1979, motorists were often waiting in long lines of cars at filling stations -- sometimes for hours -- in hopes of reaching the pump before the gas ran out. The ways that Ted Kennedy and Ronald Reagan proposed to deal with...
Government Created Scarcity: California’s “Affordable” Housing Problem
One of the staples of liberal hand-wringing is a need for "affordable housing." Last year, the standard liberal solution -- more government spending -- was proposed in a televised speech at the National Press Club in Washington, in a report billed as a "new vision."...
Republicans vs. The Free Market: Tariffs and Trade Restrictions on Imports
On Nov. 18, the Bush administration announced a decision to impose new trade restrictions on imports of some Chinese textiles. Although rationalized as a means of saving American manufacturing jobs, no trade expert thinks it will have more than a trivial effect in...
POLITICS
Incarceration, Monetization, and Nationalization Can’t Preserve Our Health or Wealth
Evidence is mounting that the Wuhan China virus (“COVID-19”) won’t prove as deadly as first projected; yet there’s still a high level of hysteria and an ominous spread of deleterious economic and public health policies, amounting to incarceration (indiscriminate quarantines), monetization (redistribution of wealth), and nationalization (socialism/fascism). What’s needed instead – if health and wealth are desired – is deregulation, tax relief, and capitalism.
The Separation of Medicine and State
The federal government in general, and the Food and Drug Administration in particular, increasingly inject themselves into direct control of every medical practice. The FDA is aggressively moving past its lock on the approval of every medication and all medical...
Zoning and Tyranny
In 2007, I served as a consultant to a group of citizens opposed to an attempt to bring zoning to Hobbs, New Mexico. During that time, I wrote a series of articles that were published in the local newspaper. This is one of those articles. In a referendum, zoning was...
The Moral and Financial Bankruptcy of Government Intervention
What do the United States Postal Service (USPS) and America’s educational system have in common? Most Americans are aware that both are government monopolies, neither is meeting its stated goals, and both are huge money pits for taxpayers. Fewer Americans are...
CULTURE
The Inca Elite and the “Communism” of the Common People
The Inca rulers imposed on almost all in society a compulsory equalitarianism in virtually all things.
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LAW
The Founders and the “General Welfare”
The Constitution limits the powers of the Federal government. However, even a perfect document cannot stand up to philosophical evasion and corruption. Without the proper moral base, the principles of the Constitution could not be defended, much less kept alive. To...
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SCI-TECH
A Government-Financed Mars Prize?
Replacing socialism–with another version of socialism.
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WORLD
Venezuela: A New Junket for a Dictator’s best Friend – Jimmy Carter
On the heels of his visit with Cuban dictator Fidel Castro, America's peripatetic ex-president Jimmy Carter has accepted a new invitation. On June 4, Carter was asked by the administration of embattled Venezuelan president Hugo Chávez Frías to help mediate floundering...
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