Do you really think taxes and jobs are unrelated? One of the many false talking points of the Obama administration is that a rich man like Warren Buffett should not be paying a lower tax rate than his secretary. But anyone whose earnings come from capital gains usually pays a lower tax rate. How are capital gains different from ordinary ... MORE
Hamstringing the ability to make profits. A CEO stands in front of his crumbling, century-old factory and speaks to his employees. “I promise that no matter what, I will never renovate this place. No matter how many worn-out items break, no matter how much our out-of-date machinery slows us down, no matter how many people tease us for clinging to ... MORE
by Tyler Watts. “Looks like I picked the wrong week to quit amphetamines,” laments the gruff air traffic controller played by Lloyd Bridges in the ribald disaster-spoof Airplane! Facing the tense situation of helping a nerve-wracked pilot safely land a large passenger jet, “Steve McCroskey” could get a performance boost by popping some pep ... MORE
Business environment continues to deteriorate. Federal regulators are keeping America from moving forward. According to recent news stories reviewed by my colleagues at the conservative nonprofit organization Engage America, federal red tape has squelched at least 736,203 potential jobs. If these positions were filled, today's ... MORE
Expansion of photo-ticketing raises revenue. All around the nation’s capital, the use of robotic machines to dish out traffic tickets has surged. Starting next week, the District’s for-profit, Arizona-based vendor will begin mailing citations to unwary motorists from an additional two dozen hiding spots. The public thinks this is all about the money ... MORE
Stealing from babies is easy and low. Microsoft co-founder Bill Gates makes himself feel powerful while negligently ripping off babies. I am a capitalist. I defend entrepreneurs. However, I think young people and their parents should know that Gates is a sham entrepreneur. Gates openly uses his wealth and influence to push policies that will make entrepreneurial ... MORE
by Yaron Brook and Don Watkins. Just when Apple was introducing its latest iPad, the government announced that Apple was among six companies being investigated over ebook pricing. As that investigation appears to be nearing its conclusion, here are three things everyone needs to know about the case. 1. The government is targeting voluntary agreements ... MORE
Who are the REAL bad guys? Now that Mitt Romney is likely to be the Republican nominee, we can expect new attacks on his “vulture capitalism.” That’s how Rick Perry characterized his private equity work when he was still a GOP presidential candidate. As the campaign has unfolded, Newt Gingrich’s supporters ran an ad about Romney’s ... MORE
Lame campaign to discret the Austrian school. When a presidential candidate declares, as Ron Paul has, “We’re all Austrians now,” it’s inevitable that his critics would try to discredit him—whether they understand what he’s talking about or not. That’s what Matthew Yglesias does in his Slate piece “What Is ‘Austrian Economics’?” I recommend the piece because it's ... MORE
What human motivation gets the most wonderful things done?