Government
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When Federal Interest Payments Come to Exceed the Military Budget: Time to Stop Defending the Rest of the World
“The US economy no longer can sustain a policy of endless war. Rising interest rates highlight the dismal state of Uncle Sam’s finances. Fiscal reality, as well as good sense, tells the US to focus on its own security.” ~ Doug Bandow
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Economic Reality Is Far Too Complex to Be Improved By Trade Restrictions
“Unlike market participants guided by prices, politicians and administrators literally have no reliable information to guide them. They will therefore be guided exclusively by their own biases and hunches.” ~ Donald J. Boudreaux
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What Deeper Lessons Can We Learn From Southwest Airlines’ Meltdown?
“The lesson of Southwest Airlines’ debacle is not that it was ‘dumb’ or ‘shortsighted.’ Rather, it should make all of us think more deeply about the opportunity costs and benefits of small, or marginal changes in this efficiency-resiliency tradeoff.” ~ Craig J. Richardson
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A Key Lesson in Education Policy: You Don’t Make Peace with Termites
“As important as issues like taxes and regulations are, their most important (and most difficult) task is to restore control of education to people who actually want to educate.” ~ George Leef
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Conquistadors and Indian Rights
“Though this counters today’s understanding of colonialism generally, and the conquest in particular, the fact is that Spanish treatment of Indians in the Americas was not the monolithically brutal affair it is so often portrayed to be.” ~ Paul Schwennesen
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FOMC Ratchets Up Inflation Projection
“FOMC member projections suggest that inflation will come down only gradually over the next two to three years and that the price level will remain permanently elevated.” ~ William J. Luther
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A Secret War in the Making: Americans Should Not Die to Defend Taiwan
“The better strategy would be aid short of war. Today the US and democratic states should be making conflict less likely by arming Taiwan, insisting that it take its own defense seriously.” ~ Doug Bandow
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Pilot Shortage: A Story of Stalled Supply and Rising Demand
“Overzealous regulation of pilot credentialing (by Congress, rather than carriers, insurers, or other stakeholders) have ensured the budget-conscious and the small-town traveler will both be getting a lot less service from airlines.” ~ Laura Williams
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Freedom’s Future Requires Understanding the Past
“When confronted with issues regarding the necessary extent of the state, liberty-lovers need not rely solely on economic theory, nor hypotheticals, because the historical record often can light the proper path towards smaller, more-efficient government.” ~ Robert E. Wright
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The New-Normaling of Blackouts
“Before, rolling blackouts were a California problem, then they also became a Texas problem. Blackouts are spreading faster than even Imperial College London modelers would find believable.” ~ Jon Sanders
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Every Flaw in Consumers is Worse in Voters, Part Deux
“A ‘good’ industrial policy is impossible in a democracy. Progressives who want industrial policies don’t have that position only because they mistrust markets. Progressives mistrust democracy, and always have.” ~ Michael C. Munger
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Stanford Fails to Master Clear Thinking
“Ironically, it should be Stanford itself that helps less-enlightened organizations master the techniques of clear thinking that were at least partly developed at that great university.” ~ David R. Henderson & Charles L. Hooper
