The Seen and the Unseen: Implications of Biden’s New Tariff
Biden’s newest proposal for steel tariffs join a long list of tariff policies that ignore the unseen damage that will be done to the U.S.
Biden’s newest proposal for steel tariffs join a long list of tariff policies that ignore the unseen damage that will be done to the U.S.
On April 4, 2024, senior leaders of the Indian National Congress (hereinafter referred to as the “Congress”) either fa
One of the great myths of US history is that Herbert Hoover was a laissez-faire president. In truth, he intervened in the economy more than any of his predecessors, creating the crisis known as the Great Depression. His successor made things even worse.
There has been much hysteria over the rise of artificial intelligence, much of it overblown and downright silly. No, AI is not about to impose tyranny on helpless humanity. Like all other technology, AI is a tool that can be used for good or ill.
While politicians and bureaucrats always claim to work in the "public interest," the rewards they gain for making bad economic decisions are more important to them than any satisfaction they get from supposedly "serving the people."
For more than a century, elite progressives have imposed draconian measures to curb population growth, which they said would destroy the earth. The population has grown, but the earth seems to be doing quite well, thank you.
As artificially low interest rates damage the economy, progressives in Congress demand more of the same. In the vernacular, they want the economy to “take the hair of the dog that bit them.” Of course, this only makes things worse in the long run—which is where we are today.
When the government wants to make something more affordable, that usually means new subsidies, laws, and regulations that drive up the real price. Higher medical prices will mean more medical bankruptcies.
“The public be damned” is a statement by railroad magnate William Henry Vanderbilt that has been twisted out of context. While the American ruling classes insist that private enterprise is the enemy of the people, it really is our government that bears that distinction.
California’s legislature wants to combine the idea of two-part price discrimination with a soak-the-rich mentality in charging for utilities. What possibly could go wrong?