Showing posts with label resources. Show all posts
Showing posts with label resources. Show all posts

How And Why Gov't Will ‘Borrow’ Your Retirement Savings

by Simon Black.    The stage is set. According to financial research firm ICI, total retirement assets in the Land of the Free now exceed $23 trillion. $7.3 trillion of that is held in Individual Retirement Accounts (IRAs). That’s an appetizing figure, especially for a government that just passed $19 trillion in debt and is in pressing need of new funding sources.  ... MORE

California Has Plenty Of Water — And Too Much Politics

by Steven Greenhut. Almost everyone knows California is running out of water as it enters the fourth year of a grueling drought. The results are stark, as massive reservoirs turn into mud pits, and state inspectors fine residents for watering their lawns. But in the state's second most populous county, there's a problem of a different sort. The San Diego   ... MORE

Walter E Williams: Squandering Resources On Education

Most college students do not belong in college.       I am not by myself in this assessment. Washington Post columnist Robert Samuelson said, "It's time to drop the college-for-all crusade," adding that "the college-for-all crusade has outlived its usefulness." Richard Vedder, professor emeritus of economics at Ohio University, reports that   ... MORE

Decriminalizing Possession of All Illicit Drugs

by Joao Castel-Branco Goulao.       Portugal did it 15 years ago. The overthrow of Portugal’s military dictatorship 40 years ago brought liberation after decades of repression. But along with political freedom and self expression, came another import from the free world that our citizens had long been denied, drugs. With little experience of   ... MORE

John Stossel: Thanks, Property Rights!

Prosperity and capitalism.      This Thanksgiving, I give thanks for something our forebears gave us: property rights. People associate property rights with greed and selfishness, but they are keys to our prosperity. Things go wrong when resources are held in common. Before the Pilgrims were able to hold the first Thanksgiving, they nearly ... MORE

Walter E Williams: Africa - The Tragic Continent

And why it is no surprise.     Here's how my Aug. 11, 2003, column began: "Anyone who believes President Bush's Africa initiative, including sending U.S. troops to Liberia, will amount to more than a hill of beans is whistling Dixie. Maybe it's overly pessimistic, but most of Africa is a continent without much hope for its people." More than a   ... MORE

Ronald Bailey: How to Slake California's Thirst

"Nature makes a drought, but Man makes a shortage."  That's the trenchant slogan that the Leiden University College water resource economist David Zetland uses to sum up how bureaucratic mismanagement of supply and demand misallocates water pervasively. California's current water crisis—exacerbated by a three-year   ... MORE