Peter Moskos: Collars For Dollars

Sacrificing real policy for easy arrests. When I was a police officer in Baltimore, one sergeant would sometimes motivate his troops in the middle of a shift change by joyfully shouting, “All right, you maggots! Let’s lock people up! They don’t pay you to stand around. I want production! I want lockups!” He said this while standing in front of a small sign he most likely authored ... MORE

VIDEO: Unintended Consequences of Price Controls


Prof. Antony Davies explains that prices are not levers that set value, but rather, are metrics that respond to value. Therefore, since government cannot legislate value, attempts to control prices will generate unintended consequences. Using the minimum wage as an example, Davies demonstrates that minimum wage laws increase unemployment rates amongst low-skilled workers.

Thomas Sowell: The Fourth Of July

The Fourth of July may be just a holiday for fireworks to some people. But it was a momentous day for the history of this country and the history of the world. Not only did July 4, 1776 mark American independence from England, it marked a radically different kind of government from the governments that prevailed around the world at the time —  and the kinds of governments that had prevailed for thousands ... MORE