An Analogy One of the most important things to consider when buying a house is the quality of the grocery district. As the name implies, the grocery district determines which public grocery store you and your family get to use. District maps are drawn by the...
Economics
Taming IRS Imperialism
by WSJ editorial | Feb 13, 2017 | Economics, Featured Articles
In the tiny Caribbean nation of Trinidad and Tobago, Kamla Persad-Bissessar, the leader of the opposition coalition in parliament, recently did something no other world leader has done: She read the U.S. Republican Party platform. There she discovered that the GOP had...
Federal Spending Grew More Under Bush and Reagan than Under Obama
by Ryan McMaken | Feb 12, 2017 | Economics, Featured Articles
Now that 2016 is gone and President Obama is a thing of the past, we can take a look back at just how much government spending grew during his tenure. It seems that in his eight year tenure, Obama never managed to top the enormous increases in government spending that...
Would you like the $9,400 CT scan or the $450 CT scan?
by M. Todd Rice, MD | Feb 12, 2017 | Economics, Featured Articles
We're not all careful. Some of us ride motorcycles on the highway,… recklessly. A nephew ended up at a Level I trauma center in Houston, Texas, in March of 2016 as a result. He was patched up and lived to ride another day. Ten months later, his dad gets the final...
Highway Robbery Gets Presidential Seal of Approval
by Brittany Hunter | Feb 10, 2017 | Economics, Featured Articles, Justice
Donald Trump is going after one of the few issues proven to be a unifier across party lines: civil asset forfeiture. This legal tool allows law enforcement to seize money and physical property from those merely suspected of criminal behavior. Unfortunately, there is...
The Heart of Nazism Was National Self-Sufficiency
by Ludwig von Mises | Feb 9, 2017 | Economics, Featured Articles
The essential point in the plans of the German National Socialist Workers’ party is the conquest of Lebensraum for the Germans, i.e., a territory so large and rich in natural resources that they could live in economic self-sufficiency at a standard not lower than that...
Into the Abyss: Is a U.S.-China Trade War Inevitable?
by Daniel J. Ikenson | Feb 9, 2017 | Economics, Featured Articles, Foreign Policy
Never have the U.S. and Chinese economies been more interdependent than they are today. Never has the value of the bilateral trade and investment relationship been greater. Never has the precarious state of the global economy required comity between the United States...
Why Duterte’s Drug War Will Fail, Based on Economics, Experience
by Tricia Aquino | Feb 9, 2017 | Economics, Featured Articles, Justice
President Rodrigo R. Duterte’s war on drugs is doomed to fail, based on the experience of other countries that have taken the same approach to the illicit trade, as well as on economics. This is according to Dr. John Collins, the executive director of the...
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