Reforming vs. Defunding the Police
What would rational police reform look like?
Unstoppable
Anti-fossil-fuel politicians, like Rep. Cori Bush, tried to discredit Alex Epstein’s Congressional testimony on energy security using 100% false personal attacks. They failed, and all such future attempts will fail.
California Gasoline Price Gouging Bill Does Not Address Root Problem
California’s gasoline prices are higher than the rest of the country because of the state’s taxes and regulations.
Education Cannot Be Improved by Simply Giving Public Schools More Money
So, what could we do to improve education? Here are some ideas.
Capitalism and The Exploitation of Third World Countries
To then accuse capitalism of causing the poverty — while in the very act of eradicating it — is to commit both a historical error and a profound injustice.
Fake Banks and Real Banks
We observe a run on deposits in a commercial bank, then observe that the same thing can happen to other financial institutions, then mistakenly assume these institutions are essentially the same.
Big Tech and Monopoly Power: Freedom is a Virtue, Antitrust is a Vice
So, whether it’s Lina Khan at the FTC or Sens. Amy Klobuchar and Elizabeth Warren in Congress, antitrust advocates should take a hard look in the mirror. The only true monopoly within the US marketplace is where these politicians are fulfilling their posts.
Understanding Bank Failures and the Objective Role of the Lender of Last Resort
Since government regulatory practice has gone beyond making loans to illiquid-but-solvent banks, to paying back all the deposits of insolvent banks, the result is that there is no reason for depositors to care about whether their bank is taking excessive risks.
Federal Deposit Insurance Corporation (FDIC): No Banking System Savior Then or Now
Scaling back deposit insurance, combined with a credible policy of putting failure costs onto their rightful owners, stockholders, instead of onto taxpayers is the proper solution to preventing mass bank failures.
