by Jim Powell
The International Brotherhood of Teamsters has been a hotbed of violence and corruption ever since it started in 1903. Cornelius Shea was the Detroit-based union’s first president, and he constantly battled rivals. He was charged with graft, criminal libel, and mail fraud, and was indicted for conspiracy to restrain trade, commit violence, and prevent nonunion people from working. During ... [click for more]
by Wendy McElroy
Legal and political trends in the United Kingdom often parallel or precede ones within the United States. For example, the politically correct crusades against smoking and child obesity raged in Britain prior to jumping the Atlantic.
A particularly interesting trend is currently unfolding in the UK and, for once, its spread might bring welcomed change. The new coalition government is ... [click for more]
by George Leef
The Housing Boom and Bust
by Thomas Sowell (Basic Books, 2009); 192 pages.
Throughout Thomas Sowell’s long career, he has tried to get Americans to grasp some simple but crucial truths about economics and government policy. One of those lessons is central to this book, namely that it is a mistake to judge policy enactments on the basis of their stated, ... [click for more]
by Jacob G. Hornberger
I was a liberal back in my late 20s. I was practicing law in my hometown of Laredo, Texas, where I was serving on the board of trustees for the local Legal Aid Society, a government agency that provided free legal services for the poor. I also served as the local representative for the ACLU. I believed that government’s ... [click for more]
by David R. Henderson
Few of us relish paying for health care, but when we do, amazing things happen: Strangers listen to us and try to give us what we want. Theres a simple economic rule that what we pay for, we control. Insurers, hospitals, doctors, nurses, and drug companies listen to us when their livelihood depends on it. ... [click for more]
by Sheldon Richman
It may be possible to look into Americas future. How? Watch whats going on in Greece. According to the Washington Post, Greece needs to raise about 23billion in April and May to pay debts coming due. Greek officials say that either is impossible, or would require punitive interest rates making it harder to bring the budget ... [click for more]
by Jacob G. Hornberger
Part 1 | Part 2
When it comes to economic policy, liberals suffer from two major weaknesses.
One, they believe that all that matters with respect to policy are good intentions. As long as liberals mean well, they think that the policies they implement, especially with respect to the poor, are justified.
Two, they have a woeful lack of understanding of ... [click for more]
by Edmund Contoski
Through the company where I worked more than 35 years ago, I had an opportunity to meet an unusual man. I had not seen him since, but his recent obituary caught my eye. His name was Wayne Field, a name I’m sure few, if any, of you will recognize.
In his 87 years he accomplished a great deal. He founded ... [click for more]
by Jim Powell
How likely is it that a big government-spending program — Obama’s or anybody else’s — won’t be manipulated by politicians pursuing their special interests?
In two of his recent New York Times columns, Nobel Prize-winning economist Paul Krugman claimed that Franklin Roosevelt’s New Deal was free from corruption. Consequently, he thought it was likely that Obama, too, can have an ... [click for more]
by Scott McPherson
You think you’ve private lives
Think nothing of the kind
There is no true escape
I’m watching all the time
I’m made of metal
My circuits gleam
I am perpetual
I keep the country clean...
— Judas Priest, “Electric Eye”
England’s Daily Express reported on August 4 that “thousands of the worst families in England are to be put in ‘sin bins’ in ... [click for more]
by David Dorn
As I was standing in a long line at the Post Office in Scottsdale, Arizona, at about 4:30 p.m., I said just loud enough for those around me to hear, “If you like this, wait until National Health Insurance.” There were some chuckles.
But what I was really thinking about in ... [click for more]