New York’s future does not lie in further centralization or state control. Its vitality has always derived from individual freedom, entrepreneurial energy, and the rule of law. The Big Apple became great because it allowed people to build, innovate, and prosper—not because government directed them.
To be clear, Trump is not pursuing traditional socialism, where the means of production are owned by the state. Nor is he trying to copy exactly China’s state capitalism—but he is applying its methods with what the Journal calls “American characteristics.”
The civilian workforce makes Washington D.C. “the nation’s single largest employer, with even more workers than Walmart, Amazon, or McDonald’s.”
Politicians who support tariffs and other forms of government intervention in the economy frequently emphasize reshoring, trade deficits, cheap imports, and national security, but they rarely talk about consumers.
Nowhere in the Constitution does it say Congress should fund a national media.
In Build, Baby, Build, a graphic novel, Caplan uses Bastiat as a character in the present day to show us “what we’re missing”—what is not seen—when it comes to housing deregulation. I
On his first day as president, Trump signed an executive order to suspend the United States Refugee Admissions Program (USRAP), barring potentially thousands of Christian refugees from entering the United States.
It would not matter whether NPR was liberally biased or conservatively biased. The bottom line is that if politicians (bureaucrats) control the funding of the news, then the news likely will be politicized.
Although the incoming Trump administration says it will cut taxes, reduce regulations, and slash wasteful government spending—all of which are good things—it also intends to enact an industrial policy to bolster US manufacturing, using interventionist tools such as tariffs, subsidies, Buy American rules, and similar commands—all of which are bad things and inherently anti-liberty.
California’s minimum wage law for fast-food workers is, like any such law, a price floor; it is a price control on labor.
President George Washington was right then, and he is right now. Let’s end NATO expansion and bring the boys back home.
Free nations as such don’t gain or lose from trade; only individual traders do.
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