Whenever a politician claims to be pro-business, stop to look at what they actually mean by it. The approach makes all the difference.
Capitalism—stronger than any border wall or immigration ban—remains a resilient and deeply American system.
Over 100 million Americans will turn their attention to Houston this weekend, as Tom Brady suits up against the Atlanta Falcons for his record seventh Super Bowl. But, according to the NFL, it’s not just the Patriots’ quarterback who will be looking to make it big in Houston. The real winner is supposedly the city […]
A president who truly understood Rand’s philosophy would not be cozying up to Putin, bullying companies to keep manufacturing plants in the United States, or promising “insurance for everybody.”
Trump-style economic nationalism, like the more full-throated fascism with which it shares much, aims to bring back the mythical glory days of the nation. But if we really want to make America great (again), we should learn the lesson of history, as well as economic theory, that prosperity comes from the free movement of goods, services, and people regardless of arbitrary political lines.
Every year the number of regulations, dictates, rules, decrees, guidelines, statutes, laws, and bylaws in the United States grows by leaps and bounds.
Solar power can only survive with an army of lobbyists dedicated to securing millions in taxpayer dollars.
Despite its health benefits, vaping faces strong opposition from the government and a variety of special interests.
It’s a useful illustration of the logic of political action when the state is in a position to dispense favors, whether those favors be subsidies or mandates or barriers to entry that protect special interests’ profits.
Musk brings to the conversation a vision of changing how we get around, how we power what gets us around, and where we live. In so doing, he is working to address some of the most important challenges facing our species.
Duke University’s great historian of thought and Hayek scholar Bruce Caldwell sent the following e-mail to me, which I share here with Bruce’s kind permission (link added): Has anyone in the blogosphere noticed the chilling similarity between Hayek’s description in the Road To Serfdom (in the chapter titled “Why the Worst Get on Top“) of […]
The recent document leak known as the Panama Papers suggests that numerous world leaders and their cronies as well as other powerful individuals avoid paying taxes by setting up shell companies in Panama, a country known for its banking secrecy. But it’s important to remember that just because people opened a bank account or created […]
The first time I ever voted, I voted badly: I voted for a plan to use government money to build a soccer stadium and hockey arena in Columbus, Ohio, where I grew up. A few months later, I moved to Tuscaloosa to start college. Along the way, I stopped in Birmingham for a few days […]
States compete with each other to attract film studios with subsidies that make the cost of filming cheaper. While politicians sell these subsidies as good for economic development, they often cost taxpayers quite a bit of money. This is one of the reasons that many shows and movies which take place in Washington, D.C., like […]