Regulation

There can be no compromise between freedom and government controls; to accept “just a few controls” is to surrender the principle of inalienable individual rights and to substitute for it the principle of the government’s unlimited, arbitrary power, thus delivering oneself into gradual enslavement. – AYN RAND

Auto Insurance Chaos in California

In November 1988, California voters changed the rules of the game in the automobile insurance industry. In passing Proposition 103, they decided, among other things, to vote themselves a 20 percent reduction in automobile insurance rates and to remove the insurance industry antitrust exemption.

Biden’s California Dream

Biden’s California Dream

A good thing about America having 50 states is that when states fail, we can learn from their mistakes. People defeated by California’s rules move to Nevada or Texas. But if the federal government adopts California’s rules, where can we move?

Politicians Not Letting The Coronavirus Crisis Go To Waste

Politicians Not Letting The Coronavirus Crisis Go To Waste

In normal times the government supports many bad, irresponsible, and unjust policies, driven in part by perverse incentives. Not the least of these is an imprudent eagerness to please special interests. Emergencies and the resulting panic only further loosen whatever weak restraints there normally are against government misbehavior and malfunction.

Profit motive and private property—keys to preventing forest fire damage

Profit motive and private property—keys to preventing forest fire damage

While it is too late to prevent the damage in Fort McMurray now, the solution to minimizing losses from fires in the future is to sell the government forests and let private owners manage them for long-term profitability—by protecting their own property and respecting the property rights of others (through good property management to reduce the fire hazard).

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