Conservatives from key states recently voted for subsidies to sugar farmers. Realtors demand mortgage subsidies despite the disaster of the housing finance bubble. Food Stamps are advertised on TV as a “benefit” that you don’t want to miss, and now an astounding one...
Recent Events
Prohibition Created Criminals and Cost Tax Revenue. So Does The War on Drugs.
The effects of drugs and alcohol can be devastating. In an earlier post (May 18, 2011) we made the case for legalizing drugs as the least bad of all the bad options. If one could purchase drugs like one does alcohol, then all the crime and violence required to...
The Morning After Pill for Obamacare
I’m not sure how the Catholic Church’s revolt against its principles being trampled by the central government will play out. But here is a reflection. As simply as I can understand it, Obama’s first position was: Here is what you have to do, whether you like it or...
Economic Democracy
Any method of allocating resources other than the free market price system ultimately leads to tyranny. Yet the Occupy Wall Street Non-Leaders, presumably opposed to tyranny, have said many times that they want a “democratic economy”. There simply is no such thing....
Size Matters
I believe that many of our worst and very real problems are caused by the size of government, some businesses and some unions—they are all too big. Economies of Scale make sense, to a point. But Too Big to Fail, or close to it, makes no sense. Because then the...
Tinkering With Business
When I was a graduate student in London right after the earth cooled, 1968-1970, Harold Wilson was the Prime Minister, and Keynesian Economics ruled his Labor Party from Cambridge. At London School of Economics the teaching was more ChicagoSchool, so our professors...
Remembering on Memorial Day 2011
It is Memorial Day, set aside to remember all who have served our country in uniform, and especially those who have given their lives to protect our nation. Memorial Day is about honoring the individual and his or her personal decisions, not about the pros or cons of...
The Addictors: How Much Pain?
I am wrestling with and may change my position on legalizing drugs, which I never would have imagined just a few years ago. Let me explain. Addictions, when acted upon, usually hurt people, cost a lot, and destroy relationships. The worst addictors today appear to be...
The Time Bomb of a Nation without Fathers
Over the last several years I’ve worried about the underappreciated critical value of fathers to families, but a recent experience has multiplied that concern exponentially. Up until now I’ve been concerned about two situations: 1. In societies where multiple current...
2020 Vision: How to Fix the Next Ten Years in Ten Steps: Step Ten
10. Enact term limits for the House and Senate of three consecutive terms, to eliminate the current tendency toward a permanent political class which is out of touch with the rest of the nation.
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