Democracy + Bureaucracy = Idiocracy
Modern mass democracy, especially when coupled with bureaucracy, creates uniquely powerful incentives for the production, consumption, and institutionalization of unreality.
Modern mass democracy, especially when coupled with bureaucracy, creates uniquely powerful incentives for the production, consumption, and institutionalization of unreality.
While governments charge fees for just about everything, suddenly governments have decided that private fees are harmful. Illinois has been especially aggressive in trying to make certain transaction fees illegal, but the results are different than what politicians there anticipated.
Two US government interventions are impacting global aluminum’s supply, demand, and prices.
It is one thing to understand socialism on an abstract basis but quite another to spend an extended amount of time in a socialist country, this one being the former USSR. The failures of socialism become obvious when seen on the ground.
Despite opposition from the Trump administration and the backlash against its implementation, DEI still has not disappeared from our body politic. It takes on other names, but not other forms.
How do you turn a sound money bill into a big-government bill?
The democratization of urban planning, the politicization of the environmental movement, and the no-growth movement came together to erect enormous barriers to housing construction in California.
For many years, some economists and politicians have painted income equality as a major threat to our economy and well-being. As usual, they understand neither inequality nor economics.
The textbook model of "perfect competition" bans advertising, price cuts, and better products—the very things we mean by competing. Tate Fegley on why the mainstream picture of monopoly is upside down.
While many immigrants bring entrepreneurial skills, they often settle in US cities governed by leftists who are hostile to private enterprise.