Democracy: the matching up of people who want free stuff with politicians who promise free stuff. Problem: free stuff as they all imagine it does not exist.
However, it does exist in the market, as explained by Frédéric Bastiat in Economic Harmonies, chapter 8, “Private Property and Common Wealth.” See my discussion of that chapter.
Recent
The U.S. Court of Appeals' rejection last week of the Trump administration's global "emergency" tariff program was a welcome affirmation of the separation-of-powers doctrine. Next stop: the U.S. Supreme Court. I'm keeping my fingers crossed for a 9-0 ruling that Trump...
Gord is back to discuss the problems being exposed in the trucking industry.
In July 2024, Rand Paul (R-KY) was one of only three senators who voted against the Kids Online Safety Act (KOSA), legislation that sought to protect children from harmful material online. The other two were Senator Mike Lee (R-UT) and Senator Ron Wyden (D-OR)....
