5 Historic Examples of Foreign Aid Efforts Gone Wrong

In his 1850 essay, "That Which is Seen, and That Which is Not Seen," Frédéric Bastiat explains that "in the economic sphere, an act, a habit, an institution, a law, produce not just one effect, but a series of effects." Unintended consequences transform good intentions into bad policies, and one of the best examples of … Continue reading 5 Historic Examples of Foreign Aid Efforts Gone Wrong

Former McDonald’s CEO Just Explained How a $15 Minimum Wage Would Blow Up in Workers’ Faces

Proponents of a federal $15 minimum wage like progressive Senator Bernie Sanders argue that it would lift millions of workers out of poverty. But the former CEO of McDonald’s just warned that artificially spiking the cost of labor could hasten the drive toward automation and instead leave many workers replaced with machines.

9 Reasons Why Federal Unemployment Bonus Subsidies Need to Go

Now 15 months after Congress first responded to the COVID-19 pandemic, it’s evident that unprecedented federal unemployment insurance bonus benefits are hurting the recovery, making it harder for businesses to find the workers they need to recover, and harder for consumers to find the products and services they want at prices they can afford. Moreover, … Continue reading 9 Reasons Why Federal Unemployment Bonus Subsidies Need to Go

15 States Are Moving to Curb Public Health Agency Powers Following Lockdown Carnage

Mike Fratantuono grew up in a restaurant. Literally. For decades, Sunset Restaurant in Glen Burnie, Maryland, was the family business. Over the years, he’d done seemingly every job imaginable: busboy, bartender, and butcher; prep cook and plumber; handyman and manager. Fratantuono says that’s what made it so hard to watch the family’s legacy become a … Continue reading 15 States Are Moving to Curb Public Health Agency Powers Following Lockdown Carnage