Asset Forfeiture and the Income Tax

May 10th, 2016 * RECOMMENDED READINGS, Government, Liberty, Taxes Bill B. May 1 min read

Tate Fegley writes:   While you are likely still recovering from Tax Day, don’t be lulled into thinking that the pain is over. Your property is never fully safe from government confiscation. One of the few areas of innovation in which the state excels is how to extract ever more wealth from the productive class, and one of the fastest growing sources of revenue for insatiable…

 

Capitalism rejected by majority of adults under 30

May 10th, 2016 * RECOMMENDED READINGS, Business, Democracy, Economics, Government, Politics Bill B. May 1 min read

Michael F. Haverluck writes:  With the self-proclaimed socialist, Sen. Bernie Sanders (D-Vt.) being the hands-down favorite for young Americans looking for a Democratic presidential candidate, the results from a recent survey confirms this Leftist bent, showing that more than half of American adults under 30 reject capitalism. The study conducted by Harvard University was a shocker for many Americans, showing that capitalism is dying in…

 

Democracy’s Death Spiral

John C. Goodman writes:  On Monday, Puerto Rico missed a payment on $422 million worth of bonds. If the United States doesn’t come to the rescue, this will be only the first of many defaults to come. In all, the island has $72 billion in debt and an additional $46 billion in unfunded pension liabilities — totaling more than the country’s annual GDP. As debt…

 

How the TSA Ruins Lives

May 7th, 2016 * RECOMMENDED READINGS, Government, Regulation Bill B. May 1 min read

Jeffrey Tucker says:  The agency has no stake in the profitability of the airlines.   Have you missed a flight recently due to a long security line? I have. So have tens of thousands of others. It used to be that you could get to the airport an hour before your flight. That might still work. Or maybe not. Maybe security itself will take an hour…

 

Why Moving Black Families Into White Neighborhoods Isn’t Justice

May 1st, 2016 * RECOMMENDED READINGS, Government, Racism Bill B. May 1 min read

Greg Sorrell writes:  Fifty-three years ago, Martin Luther King Jr. visualized a day when his children would no longer be judged by the color of their skin but by the content of their character. Today, with the help of the Obama administration, the U.S. Department of Housing and Urban Development (HUD) is working to make sure that day never comes.  

 

So Who Do You Want To Govern You?

Apr 29th, 2016 Government, Liberty, Politics, Property Rights, Regulation, Taxes Bill B. May 5 min read

by Bill B. May Whether you chose to or not, you were born into (or under) a government. You are governed, by somebody.   Have you ever sat down and asked, why do I need to be governed?   Think about it. Why does my daily life require an external force for me to function? A governance? Am I not capable of making my own decisions?   We…

 

The ‘Settled’ Consensus Du Jour

Apr 28th, 2016 * RECOMMENDED READINGS, Environment, Regulation, Technology Bill B. May 1 min read

George Will says:  Authoritarianism, always latent in progressivism, is becoming explicit. Progressivism’s determination to regulate thought by regulating speech is apparent in the campaign by 16 states’ attorneys general and those of the District of Columbia and the Virgin Islands, none Republican, to criminalize skepticism about the supposedly “settled” conclusions of climate science.  

 

Airbnb: Regulation without Government

Apr 25th, 2016 Uncategorized Bill B. May 1 min read

Robert P. Murphy writes:   Does Airbnb allow landlords to run unregulated hotels? A January report from the American Hotel and Lodging Association says yes: “From Air Mattresses to Unregulated Business: An Analysis of the Other Side of Airbnb.” But the terms chosen for the report assume a choice between political regulation and no regulation. This is a false choice.  

 

How the Minimum Wage Helped Wreck Puerto Rico’s Economy

Apr 25th, 2016 * RECOMMENDED READINGS, Business, Economics, Labor, Minimum Wage Laws, Money Bill B. May 1 min read

Jack Salmon writes:  Puerto Rico is in crisis and drowning in debt. Now it looks like the island’s Development Bank, set up to raise living standards in the territory, will collapse. Congress is rushing to provide some help, but it also needs to consider the effects of federal regulations on the island. Foremost among these is the federal minimum wage.