A Libertarian Year Ahead?

As 2011 draws to a close, I wonder: Is freedom winning? Did America become freer this year? Less free? How about the rest of the world? I’m a pessimist. I fear Thomas Jefferson was right when he said, “The natural progress of things is for liberty to yield and government to gain ground.” That’s what’s […]

 

Obamacare Abominations

President Obama says his health care “reform” will be good for business. Business has learned the truth. Three successful businessmen explained to me how Obamacare is a reason that unemployment stays high. Its length and complexity make businessmen wary of expanding. Mike Whalen, CEO of Heart of America Group, which runs hotels and restaurants, said […]

 

Job Creators Fighting Back

Some politicians claim that politicians create jobs. Senate Majority Leader Harry Reid says, “My job is to create jobs.” What hubris! Government has no money of its own. All it does is take from some people and give to others. That may create some jobs, but only by leaving less money in the private sector […]

 

Ten Years to Greece

America moves steadily toward the cliff. When Greece blew up, its government debt was 126 percent of gross domestic product. Ours is on track to exceed that in about 10 years. If we haven’t learned from Greece, might we learn when other countries blow up? That may be about to happen, says Daniel Hannan, author […]

 

Blocking the Paths Out of Poverty

Have you noticed how often government takes sides against the little guy? Street vending has been a path out of poverty for Americans. And like other such paths (say, driving a taxi), this one is increasingly difficult to navigate. Why? Because entrenched interests don’t like competition. So they lobby their powerful friends to erect high […]

 


FDA Kills Smokers

“The FDA is responsible for protecting the public health.” That’s what the Food and Drug Administration tells us on its website. My intuition makes me grateful that the FDA is there to protect me — to make sure that every drug is proven both safe and effective — but “protection” kills people. Last week, I […]

 

The FDA Kills

It would be nice if politicians and regulators left us alone. But they don’t. They always want to do more. Recently, there have been shortages of some medicines. Cancer patients can’t get drugs they need. Why not? One reason is that a big drugmaker shut down for a year in part to meet Food and […]

 

The Stupidity of “Buy American”

One sign of economic ignorance is the faith that “Buy American” is the path to prosperity. My former employer, ABC News, did a week’s worth of stories claiming that “buying American” would put Americans back to work. I’m glad I don’t work there anymore. “Buy American” is a dumb idea. It would not only not […]

 

School Competition Rescues Kids

For years, American education from kindergarten through high school has been a virtual government monopoly. Conventional wisdom is that government must run the schools. But government monopolies don’t do anything well. They fail because they have no real competition. Yet competition is what gives us better phones, movies, cars — everything that’s good. If governments […]

 

Wall Street Protesters Half Right

What’s there to say about Occupy Wall Street? The answer isn’t so simple. Some complain about taxpayer bailouts of businesses. Good for them. In a true free market, failing firms would go out of business. They couldn’t turn to Washington for help. But many protesters say they’re against capitalism. Now things get confusing. What do […]

 

Government the Job Killer

President Obama says government will have to build the nation out of the economic trough. “We’re the country that built the intercontinental railroad,” Obama says. “So how can we now sit back and let China build the best railroads?” Ironic that he mentions the Chinese. Progressives used to complain that to build the railroad, bosses […]

 

Government Makes Us Poor

Here’s my fantasy: Libertarians are elected to the presidency and to majorities in Congress. What would happen next? Well, if libertarians were “in charge,” you’d have more freedom and prosperity. Freedom frightens some people. They say if no one is in charge there would be chaos. That is intuitive, but think about a skating rink. […]