A consideration of price wars and corporate raiders. Pundits are accustomed to utilizing the language of war and strife to depict economic relationships. This is confusing, irrational and misleading. For the dismal science addresses mutual benefit, or positive-sum games. All participants gain whenever a trade, a purchase, sale, rental agreement, job, etc., gets ... MOREWalter Block: 'Economic Warfare"
A consideration of price wars and corporate raiders. Pundits are accustomed to utilizing the language of war and strife to depict economic relationships. This is confusing, irrational and misleading. For the dismal science addresses mutual benefit, or positive-sum games. All participants gain whenever a trade, a purchase, sale, rental agreement, job, etc., gets ... MOREA. Barton Hinkle: Obama's Thought Police
Police states rely on citizen informants. To whatever high school intern probably came up with the idea, the White House's "Attack Watch" website and Twitter account must have seemed a spark of genius. After all, they yoked together two trendy ideas—rapid response and crowd-sourcing—in service to the president. Give people the opportunity to report false and malicious ... MOREFive Myths About Social Security and Medicare
by Charles Blahous. The national discussion on entitlement programs is dazed and confused. The federal government’s largest two programs, Social Security and Medicare, are at the center of a vibrant national debate over our fiscal future. Each program faces a significant financial shortfall, the solution to which remains elusive. The following are five myths that have been ... MOREStephen C. Webster: Drug War Corruption
Drug cartels throw fundraisers for U.S. officials. Two former law enforcement officials who worked with the Federal Bureau of Investigation (FBI) as confidential informants on probes into police corruption have come forward with allegations of drug cartel ties to top cops, judges and elected officials. Greg Gonzales, a retired sheriff's deputy, and Wesley Dutton ... MOREThomas Sowell: The 'Ponzi' Sound Bite
Band-Aids don't cure cancer. Many in the media and in politics have gone ballistic over the fact that Texas Governor Rick Perry called Social Security "a Ponzi scheme." Although many act shocked, shocked, as if Rick Perry had said something unthinkable, Governor Perry is not even among the first thousand people to call Social Security a Ponzi scheme. Not only conservatives ... MORERalph R. Reiland: Toll Roads To Obamaville
Your cost: about $3 million per jobless mile. "Pass this bill now," President Obama is repeatedly demanding, regarding his new American Jobs Act. There's nothing new in the legislation, just more government spending, more transfers of money from "the rich" to Obama's political allies, more spending for infrastructure enhancement so we all won't allegedly be ... MOREJacob Sullum: Unbanned in Phoenix
States don't have to fight war on drugs. On May 27 Arizona Gov. Jan Brewer asked a federal judge to decide whether her state’s Medical Marijuana Act, narrowly approved by voters last November, “complies with federal law” or is “preempted in whole or in part because of an irreconcilable conflict with federal law.” Oddly, Brewer expressed no preference between those ... MORERobert J. Mack: Watergate Times Three
White House corruption surfaces. You think Richard Nixon's presidency was the worst scandal ever? Well, so far anyway. It all started with a tape holding a door open at the Watergate complex in Washington, D. C., discovered by a security guard 39 years ago on June 17, 1972. That discovery started a sinister chapter in America's history, fueled by the fervent investigative work of ... MOREJames E. Miller: TSA And Unproductive Labor
TSA is essentially a government make-work program. Last month, I attended the 19th annual State Policy Network conference in Seattle, Washington. Although the conference was informative and enjoyable, I took home a different lesson on free-market enterprise. This was my first trip on an airplane since President Obama upped the intensity of the screening process the ... MORECalifornia's Effort To Shackle The 2nd Amendment
Gun control bill seeks to ban open carry. On Gov. Jerry Brown's desk is a bid to bar Californians from openly carrying firearms, legislation that could open a new front in the state's decades-old gun control debate. The measure, aimed at an increasingly popular tactic used by 2nd Amendment activists, would make California the first state since 1987 to outlaw the ... MOREW. James Antle, III: Cafeteria Constitutionalists
Some thoughts for Constitution Day. Last week, in my inbox appeared an invitation to an event sponsored by a major Beltway liberal organization. They were putting on a talk about the dangers of the Tea Party subtitled "The conservative effort to make everything unconstitutional." In selling the shindig, my would-be hosts trotted out all the golden oldies made famous in ... MOREJohn Stosell: Ponzi! Ponzi! Ponzi!
A vote buying scam or a retirement plan? Ponzi! Ponzi! Ponzi! There, I said it. To the extent people believe there are trust funds with their names on them, Social Security is absolutely a Ponzi scheme. So is Medicare. People need to hear it. Many people think that when the government takes payroll tax from their paychecks, it goes to something like a savings ... MORE
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