Reinforcing what economic theory tells us, evidence of the harm of price controls abounds in history, from the infamous 303 A.D. Edict of Emperor Diocletian in Ancient Rome to America’s 1970s gasoline price controls and, perhaps most infamously, New York City’s disastrous eight-decade-long experiment with rent control.
Condemning slavery is morally right. Slavery is an evil institution because it is a total violation of individual rights. However, before one judges America and its founding fathers, it is important to be aware of history.
The alternative to state licensing is free-market certification.
As Americans sift through the Twitter Files and learn the shocking truth about U.S. government involvement in social media moderation, they can take important lessons from Brazil’s recent foray into censorship.
For almost three years now, many wonderful artists, intellectuals, students, business professionals, and musicians have been locked out of US borders, even just to tour around and see this great land and meet up with friends. It’s simply barbaric and yet there it is.
Unionized workers effectively form a cartel that would be illegal under antitrust laws as an obvious “restraint of trade” if unions had not been specifically exempted from the rules.
American taxpayers remain stuck subsidizing prosperous, populous Europeans, superfluous Middle Eastern monarchs, and cheap-riding Asian defense dependents.
Abruptly decreasing domestic production of fossil fuels and shuttering of coal and nuclear plants have put Europe is an energy crisis exasperated by Russia’s invasion of Ukraine and its reduction of energy exports to Europe.
The problem isn’t so much that a company takes ideological considerations into account in its business practices so much as that governments — such as state-run pension funds — are imposing ideological agendas on businesses via this financial control.
