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
Category: World
The politicians pushing this global tax scheme are no less corrupt because they hold elected office, and we should reject their efforts just as vociferously.
Imagine if oil companies got together and agreed to charge consumers no less than $3.50 per gallon for gas. Let’s call it a “global minimum price.” How long—in minutes—do you think it would take for the news media to cry foul and for the Justice Department to file an antitrust suit? In recent days, President … Continue reading What Makes Biden and Yellen’s “Global Minimum Tax” Push So Hypocritical
“They threw me to the ground [on the police station] and, without mercy, they began to beat and insult me … [then] a man stripped me of my uniform and sexually abused me and beat me.” These are the words of a police woman from Cali, one of the largest cities in Colombia, where violent protests have rocked the … Continue reading Far-Left Groups Are Inciting Violence Across Colombia, and the Media Is Providing Cover With a Disinformation Campaign
When President Barack Obama rejected a presidential permit for the Keystone XL pipeline, he concluded that “America is now a global leader when it comes to taking serious action to fight climate change. … And America is prepared to show the rest of the world the way forward.” Then-Vice President Joe Biden was at his side, assenting … Continue reading Biden’s Hypocrisy on Keystone XL vs. Nord Stream 2 Pipelines
In a recent joint letter to U.S. Trade Representative Katherine Tai, Sen. Tom Carper, D-Del., chairman of the Senate Finance subcommittee on international trade, customs, and global competitiveness, and Sen. John Cornyn, R-Texas, ranking member on the trade subcommittee, made a case for strategic trade reengagement in the Indo-Pacific region. The two senators pointed out, “Our current trade … Continue reading Time to Act on a Trade Deal With Taiwan
The Biden administration is making a stark departure from past administrations in how it talks about, and treats, religious freedom. In his remarks May 12 on the release of the 2020 Report on International Religious Freedom, Secretary of State Antony Blinken correctly asserted that “religious freedom is a human right,” one at the heart of what it means to be … Continue reading Biden Abandons Religious Freedom as First Among Rights
The World Bank recently released its latest “Women, Business and the Law” annual report that gathers some 50 years of data evaluating dozens of legal indicators regarding women’s rights in 190 countries. For each country, it answers questions such as “Can a woman choose where to live in the same way as a man?” and “Can a woman register a business in … Continue reading Women’s Rights Are Improving Worldwide
Almost 250 years ago, America’s Founding Fathers drafted the Declaration of Independence, cataloging the ways that King George III had infringed upon American liberties. King George’s offenses included “Transporting us beyond the Seas to be tried for pretended Offences.” Back then, the king presumed to have the authority to seize American colonists and prosecute them … Continue reading Biden Must Protect US Citizens From International Criminal Court
Andres Guilarte is a university student who lived in Venezuela under a democratically elected socialist regime. Guilarte says food shortages were a daily occurrence. Venezuelans also endure massive blackouts, political persecution, and a lack of access to health care due to the socialist government. Guilarte joins “The Daily Signal Podcast” to share his experiences of … Continue reading He Lived Under Socialism in Venezuela. That’s Why He’ll Never Support It.