Claims of “market failure” are founded on an arbitrary assertion of how the market should operate. And when the market fails to meet this arbitrary standard, it has “failed.”
POLITICS
ObamaCare Phase One: Bring On the Freebies!
Like peeling back the layers of a rotted onion, the gradual impact of ObamaCare becomes more revealing by the day. The latest? Insurance companies who spend more than 20 percent on administrative costs will be forced, under the new law, to send rebates to...
China Has Lower Shareholder Taxes Than America?
If shareholders in communist China are allowed to keep more of their earnings than shareholders in capitalist America, which nation is more communist and which more capitalist?
The Productive and The Unproductive
The only classes in a free society, if you want to call them “classes,” are the productive and the unproductive.
Santorum: The Republican Obama
If Santorum wins the Republican Party nomination, then people who want a limited government will quite literally have no place to go. They must choose between the imposition of liberal religion, or traditional religion. A “choice” between the God of Rick Santorum’s imagination, or the secular God of Barack Obama’s socialist-fascist state.
“Defenders” of Capitalism
One of the primary defenders of capitalism during the latter nineteenth century was the English philosopher John Stuart Mill. Ethically, Mill was a Utilitarian, which holds that the moral is that which benefits the greatest number. Seeing the practical benefits of...
“Bipartisanship” Means Only One Thing
Bipartisanship? I don’t think so. In Washington-speak “bipartisanship” means only one thing: When small government and deficit-cutting advocates give in to Big Government advocates.
The Food Police, Immigration, and a “Living Wage”
In August 2011, armed federal agents raided Rawsome Foods, a food cooperative in Venice, California. Agents seized computers, cash, and an estimated $70,000 worth of perishable food. The owner was arrested and charged on thirteen criminal counts. Was he selling...
Republican Allen West and the Redistribution State
Republican Rep. Allen West decried government "handouts" as the worst form of modern "slavery" during a recent speech to Congress. In modern times, West said, this has meant fighting to prevent black Americans "from being trapped in a permanent underclass through...
Individual Rights and Government Wrongs: The Pursuit of Happiness
An excerpt from Chapter 4 of Individual Rights and Government Wrongs. What does happiness mean to you? Does it mean a career that you love? Does it mean a family? Does it mean discovering a cure for some horrible disease? Does it mean building your dream house? No...
Obama on Capital Gains: No Winners
“If you make more than $1 million a year, you should not pay less than 30 percent in taxes,” asserted President Obama in his State of the Union speech. For those with predominantly investment income, that would effectively double their capital gains tax...
Individual Rights and Government Wrongs: Property
An excerpt from Chapter 2 of Individual Rights and Government Wrongs. Like many Americans, Chantell and Michael Sackett wanted to build their dream house. They bought a small parcel of land on Priest Lake in Idaho. Shortly after excavation began, the...
Individual Rights and Government Wrongs: Liberty
An excerpt from Chapter 2 of Individual Rights and Government Wrongs. Imagine, for a moment, the response if government announced that it would prohibit manufacturers from making more than one type of toothpaste. Such a prohibition, government officials might argue,...
“Negotiating” From a Position of Blackmail
According to Fox News, Iranian President Ahmadinejad would not elaborate on the announcement, but said within the next few days Iran will unveil "big new" nuclear achievements and that his country is ready to revive talks with the West but not "enemies" who act...
Individual Rights and Government Wrongs: Life
An excerpt from Chapter 1 of Individual Rights and Government Wrongs. Once upon a time, there existed a nation that respected and protected individual rights. In that nation, individuals were free to live their lives as they judged best. Nearly half of the mail was...
Individual Rights and Government Wrongs
An excerpt from the Introduction to Individual Rights and Government Wrongs. This book was written for those who love the United States of America and the principles upon which it was founded. America was founded on an ideology—the right of each...
The "One Percent" We Should Really Fear
There is a great threat to medical care in America from a small group of our fellow citizens. They are not the top one percent of the wealthy, but a group of elitists and their allies who see government power as the means to determine what every American is allowed to...
Good or Bad Economy? Win-Win for Obama
Obama says the unemployment numbers -- down slightly -- are good news. Critics say these unemployment numbers are mostly a reflection of the fact that more Americans are giving up on employment permanently, and therefore are no longer figured in the statistics. Don't...
Crony Communism
It's not like the old days in China when the top guys in the Communist Party at least pretended to be pro-equality. Back then, "poor peasants" were encouraged to denounce and kill "rich peasants" for the crime of being too productive, too individualistic or...
Obama and Iran: Making Peace With Bullies Never Ends Well
Associated Press reports: "Iran's powerful Revolutionary Guard began military exercises Saturday in the country's south, the latest show of force after threats to close the strategic Strait of Hormuz in retaliation for tougher Western sanctions. The latest military...
The Grand Illusion of Medicare
National Journal online reports: "According to the Congressional Budget Office, which released its new Budget and Economic Outlook report [last week], a 10-year repeal of the growth-rate formula that froze doctors' rates [for Medicare reimbursement] at current levels...
A Divided America? If Only!
Senator Jim DeMint of South Carolina says: “I can guarantee you in the Super Bowl this year the two coaches are not telling their teams to go out and work with the other guys because the other team has an opposite goal. In politics —unfortunately now in...
Obama's America: One Big, Gigantic Soup Kitchen
Several months ago, Obama referred to what he considers the essence of America: He said, "This sense of mutual responsibility – the idea that I am my brother’s keeper; that I am my sister’s keeper – has always been a part of what makes our...
Ending the Commons
What do government schools, the post office, waterways, and roads have in common? Besides being in sorry condition, each is an example of the tragedy of the commons. The tragedy of the commons, according to Wikipedia, occurs when multiple individuals, acting...
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