In July, the mayor of San Francisco frankly stated that poverty in the city is so bad, that “there is more feces on the sidewalks than I’ve ever seen.” And it’s not just her – the local NBC investigative unit found a “dangerous mix of drug needles, garbage, and feces throughout downtown San Francisco.” While … Continue reading Why California Cities Are Becoming Unlivable
Category: Economy
Venezuela’s inflation may hit 1 million percent by the end of the year, the International Monetary Fund announced in July. This incredible hyperinflation is reminiscent of Weimar Germany during the years immediately after World War I, in which wheelbarrows full of cash were required to buy bare essential items, like a loaf of bread. To counter the … Continue reading Inflation to Hit 1 Million Percent in Collapsing, Socialist Venezuela
How did our nation go from having a high-growth economy in the 19th and early 20th centuries, to struggling in recent years to achieve 3 percent annual growth? The American economy today is mixed: It is partly free, vibrant, prosperous, and entrepreneurial and partly unfree, obstructed, and lethargic. The free part is governed by the … Continue reading How the Left Misunderstands Free Markets
Some economists want to make it more expensive for the less well-off to enjoy a clear revealed pleasure: eating red and processed meat. The average household in the poorest fifth of the income distribution dedicates 1.3 percent of spending towards it. That’s over double average household spending in the richest quintile. Yet meat is now a new “public … Continue reading Why plans to impose a ‘Meat Tax’ are going to be a disaster
Last week’s election results show that health care is still a top concern for many Americans. Members of Congress must now decide how to move forward. Their task: providing a coherent answer to our national anxiety over health care. Americans care, immensely, about health care. A Washington Post study found that health care was the … Continue reading How conservatives can win with voters on health care
Most people agree that women deserve the chance to advance up the economic latter. The real question is, how can that be achieved? What many don’t realize is that women’s advancement doesn’t require gender quotas or affirmative action. What’s needed, above all, is free market policies that allow women to make their own choices. Ivanka … Continue reading Why Free Market Policies Are Key to Empowering Women
“It’s time for a coup in Venezuela.” That statement appeared in Foreign Policy magazine on June 5, two weeks after Nicolás Maduro was re-elected as Venezuela’s president on May 20 in an election widely considered to be rigged. José R. Cárdenas, the former Bush administration official who wrote it, argued that “the United States … Continue reading 5 reasons why Venezuela’s nightmare could get worse
Three minors have been euthanised in Belgium since euthanasia for children was legalised in 2014. According to the latest report from the government agency (PDF in French) which tracks euthanasia deaths, the children were 9, 11 and 17 years old. Two died in 2016 and 1 last year. Under the existing law, their request for death has to be … Continue reading Three children euthanised in Belgium
Social Security is on track to run out of money by 2034, at which point the program will be able to pay only about 79 percent of its scheduled benefits. The Pension Benefit Guaranty Corporation—a government entity that insures private pension plans—will run out of funds almost a decade earlier, in 2025, and will be able to … Continue reading Meet a Government Entity That’s in Worse Shape Than Social Security
Have your kids ever asked you if they could set up a lemonade stand in the neighborhood? If so, don’t be so quick to give permission—it could be conspiracy to commit a crime. Across America, parents and children are learning that the hard way. From Louisiana to Colorado, families set up makeshift lemonade stands, hoping to teach children … Continue reading How Your Child’s Lemonade Stand Could Land You in Jail
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