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 […]

 




America: Land of Free Speech — Sometimes

We’re proud that America is the land of free speech. That right is recognized in the First Amendment, and we usually take it seriously. It wasn’t always the case. In John Adams’ administration, the Sedition Act made it a crime, punishable by fine and imprisonment, “to write, print, utter or publish … any false, scandalous, […]

 



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 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. […]