The market always wins. For years, state and local governments have imposed hundreds of pages of regulations on cab companies. Cab companies often are made to get a “certificate of need” from the government before starting up. Cab companies must get government approval for all their rates, fares, routes and operating areas. In some places, […]
Connecticut is one of the wealthiest states in America. Its residents have a high per-capita income. Its corporations are some of the world’s wealthiest and most powerful. But Connecticut has been dominated by socialistic, pro-government extremist policymaking for generations. Today’s Connecticut taxpayers pay some of the highest tax rates in America. Now the State is […]
U.S. government agencies such as the FBI and CIA have been secretly funding pro-government “journalists” for years. But when government subsidies are stripped, pro-government media “news” sources frequently have trouble paying their bills. Here is a new report that the pro-government extremist news and commentary site “Salon.com” cannot pay its rent. Salon.com pushes a steady […]
The Chicago Public School District is $17 BILLION in debt. (That figure is greater than the annual State budgets of numerous entire states combined; Chicago’s “teachers” often retire as multimillionaires in a state that has experienced years of declining household incomes.) Years of corruption and government central planning have taken their toll. (And all measurements […]
Governments worldwide propose “energy policies,”–subsidizing some energy firms while taxing and overregulating others. Picking winners and loses by obstructing free markets. For decades, U.S. lawmakers have been subsidizing “alternative energy” schemes that would never work without government support. “The first justification was that internal combustion engines polluted too much. But emissions steadily declined, and today’s […]
The New York Times continues to lose customers, readers, advertisers, and money. Even with the secret payments of government agencies such as the FBI and CIA, the Times is having trouble staying afloat. People simply will not pay money to read the Times‘ tired, old, pro-government extremist content. Here is a recent report indicating that […]
Hartford, Connecticut is typical of eastern cities in that its voters have placed great trust in government management. Connecticut is a wealthy state with thousands of high-earners who work in the insurance industry, and in the greater New York City area. But the State’s tax rates are among the nation’s highest. Hartford, the capitol city, […]
Steven Greenhut of Reason Magazine is out with an interesting article about the gradual increase of homeschooling and other market responses to government school monopolies. See here. Greenhut writes that “Supporters of charter schools, homeschooling and other forms of school choice are so used to fighting in the trenches against the state’s muscular teachers unions […]
The market always wins. Every economic regulation creates a black market, and prices and distribution balance out in unpredictable ways. The brilliant economist John Goodman explains in a new column that Americans actually have ‘school choice’ but don’t realize it. For example, many parents deliberately locate or relocate into school districts with better schools. They […]