Mar 31
We all know health care prices have increased faster than the rate of inflation every year for more than 40 years, due to Medicare, Medicaid (and in the past couple years), the “Affordable Care Act.” Such government enactments increase demand without increasing supply, causing prices to rise. If markets were allowed to be free, health …
Mar 30
The FINANCIAL TIMES magazine is out yesterday with a brilliant article by by Edward Luce, “The great American disconnect.” Luce points out that while lawmakers and politicians everywhere are seeking to tax, regulate, control, classify, limit, and stifle every aspect of American life, entrepreneurs in the tech sector and industry are still “trying to make …
Mar 28
It is an article of faith among trusters of government that free-market capitalism is hard on “the environment.” Yet by every measure–total pollution per-acre of land, pollution per-capita, pollution per unit of GDP, etc., socialist societies produce more pollution and greater destruction of the environment. The great economist Julian Simon had this to say: Telling …
Mar 28
The White House’s April 10, 2013 Press Release on “Understanding the Threat of Global Climate Change” States that the federal government is diverting roughly 2.7 BILLION dollars taken from American taxpayers into “research” on manmade climate change. This is roughly the annual budget of states like Montana. This may explain why so many university scientists …
Mar 27
Government supremacists promoting the ‘manmade CO2 is causing catastrophic climate change and governments must be given more power’ alarmism tend to claim that “97 percent” of scientists agree with them, and tend to claim that the “3 percent” who disagree are “deniers” who should be likened to the “flat-earthers” of yesteryear. There is a significant …
Mar 27
The best solution to social problems is almost always for politicians to do nothing. As the great economic thinker Julian Simon demonstrated in his books, humans will solve all their problems if they are left free. But policymakers and government trusters tend to insist on political “solutions.” Now we learn that the deaths of 150 …
Mar 26
According to Herbert Spencer, “The Man Versus the State” (1982, page 60), In Gaul, during the decline of the Roman Empire, “so numerous were the receivers in comparison with the payers, and so enourmous the weight of taxation, that the labourer broke down, the plains became deserts, and woods grew where the plough had been.” …
Mar 25
We previously reported that the “Affordable Care Act” (“Obamacare”) was expected by the Congressional Budget Office to result in 1.5 to 2 percent fewer total hours worked by Americans. Now a survey shows the damage to American productivity is even worse. A survey by the Society for Human Resource Management of 743 human resources professionals …
Mar 24
The Business Insider is out with a chart showing that almost half of all Americans (47 %) save nothing and live paycheck to paycheck in response to decades of government policies that punish savers. Chief among the government’s anti-saver policies is the Federal Reserve system, which has set interest rates artificially low for more than …
Mar 24
Remember Michael Moore’s movie “Capitalism: A Love Story”? Or the book by socialist Naomi Klein called “The Shock Doctrine”? Both relied on a claim (which probably originated in Klein’s “Shock Doctrine”) that the free-market philosophy of economist Milton Friedman was instrumental in the Chilean coup in 1973 which enthroned fascist Augusto Pinochet. Naomi Klein claims …
