Businesses are increasingly unable to stay out of policy and politics. Continue reading Business Is Getting Political—and Personal
Ideological purity makes for better campaign slogans than successful governing strategy. Continue reading In Defense of the Center
On June 6, 2016, the New York Times ran this article claiming that Clinton had clinched the nomination the day before the California and five other states head to the polls to vote in the primaries. The article, based on … Continue reading Sanders Supporters: Why Fall in Line?
In his opus, Economics in One Lesson, Henry Hazlitt devotes an entire chapter to minimum wage laws. He’s quick to identify a semantic problem that lies at the heart of the debate on minimum wage. “…for a wage is, in fact, a price. It is unfortunate for the clarity of economic thinking that the price of labor’s services should have received an entirely different name from other prices. This has prevented most people from realizing that the same principles govern both. Thinking has become so emotional and so politically biased on the subject of wages that in most discussions of … Continue reading Of Course Minimum Wage Reduces Employment
The free college crusade represents a perfect collision of ignorance and entitlement. The movement is popular with self-interested students seeking debt forgiveness or a free ride and contributes heavily to the appeal of Bernie Sanders’ candidacy among them. While he is the most extreme in his rhetoric and supposed intentions, the venerable senator is only one among many high-profile Democrats to opine that higher education should be at least partially subsidized by federal money (or more accurately that federal subsidies should be expanded, since they already exist). Their argument is predicated on the idea that there is a moral or economic … Continue reading “Free” College Would be a Terrible Idea