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...

Jim Crow, Racism, and the Free Market

It is often claimed that capitalism leads to all sorts of ills, such as racism and cartels (or monopolies). As with most attacks on capitalism, these claims attempt to blame capitalism for the consequences of government intervention into the economy. The Jim Crow laws...

Obama’s Kind of Immigrants

If America were a totally free country – with no entitlement state, no “progressive” taxation, no socialized medicine and no Barack Obama issuing extra-Constitutional executive orders by whim and at gunpoint – immigration would not be a threat. In a free country,...

EU Financial Tax Portends Loss of Market Leadership

Although it was barely noticed by the American press, on January 22nd, EU finance ministers approved a new “Financial Transactions Tax” (FTT) that has implications for market competitiveness around the world. The move was conceived as a Franco-German...

Interventions Beget Interventions

It has long been noted that government intervention seldom, if ever, accomplishes the stated purpose. When the failure of some regulation, subsidy, or program becomes clear, legislators respond with further interventions. As an example, consider the solar panel...

Pin It on Pinterest