Last week, a New York Times piece by Floyd Norris, Chief Financial Correspondent for the NY Times and The International Herald Tribune, claimed government spending has gone down under President Obama. The claim, which relies on half-truths and incorporates only certain areas of spending in the … [Read more...]
Portland Protects Taxicabs from Luxury Competition
In 2009, officials of Portland, Oregon, instituted protectionist regulations on the city’s limousine and sedan service companies to protect larger taxicab companies from luxury competition. The regulation requires limousine and sedan services to 1) charge a minimum price of $50 from downtown … [Read more...]
Mythbuster: Americans are Undertaxed
Last week, Laura Ingraham talked on her show about how the wealthy pay more taxes than any other taxpayers, both as a percentage of their income and as a percentage of the federal government’s tax revenue. Also last week, during a Senate debate over the Buffett Rule (which failed in a vote soon … [Read more...]
Via RomneyCare: Do States Have Unlimited Powers?
Originally Published on American Thinker [T]he action of the state legislature is said to be valid and constitutional unless it comes into conflict with some provision of either [the] state or national Constitution. -W.F. Dodd, Yale Law Journal, 1919 Do state legislatures have unlimited powers? It … [Read more...]
John Stossel Hits the Road in ‘No, They Can’t’ Book Tour
Last Wednesday, I had the pleasure of attending a reception at the Reason Foundation in Washington, DC. The occasion was to celebrate the recent release of John Stossel’s latest book, No, They Can’t: Why Government Fails—But Individuals Succeed. John Stossel was an anchor on ABC for two decades and … [Read more...]
The Awakening: Fighting for Religious Freedom
All that is necessary for the triumph of evil is that good men do nothing. – Edmund Burke The final count has arrived. The Stand Up for Religious Freedom rallies on March 23 attracted over 63,000 Americans in over 140 cities – more than six times the initial estimates of participation. The rallies … [Read more...]
Honduras and the Future of Competitive Governance
If you’re familiar with Honduras, you’ll know the country has more than its share of challenges. In addition to the 2009 constitutional crisis—a conflict between different branches of government—the nation struggles with the world’s highest murder rate, drug trafficking, and systemic … [Read more...]
The ObamaCare Absurdity and the Creation of New Powers
An applicable individual shall[,] for each month beginning after 2013[,] ensure that the individual and any dependent of the individual who is an applicable individual, is covered under minimum essential coverage for such month…. If an applicable individual fails to meet the requirement…for [one] or … [Read more...]
Business Ethics and Environmental Economics in ‘The Lorax’
Last month marked the release of the blockbuster, “Dr. Seuss’ The Lorax,” which became the top grossing film of 2012 with a draw-in of $122 million in its first weekend. Based on the book by Dr. Seuss, “The Lorax” is set in a city entirely made of plastic, where Truffula trees only exist in the … [Read more...]
Ezra Klein “Misses the Boat” with CBO Report
In a recent post, The Washington Post’s Ezra Klein says Conn Carroll of The Washington Examiner erred in declaring a new Congressional Budget Office (CBO) report showed the costs of the Patient Protection and Affordable Care Act (PPACA) has nearly doubled. According to Klein, Carroll and other … [Read more...]