Epstein points out the development and use of fossil fuels has benefitted the poor far more than the rich, making available to the person of average means, food, goods and services which even the rulers of old could hardly dream of. Fossil fuels grant freedom and free up time.
Our politicians have placed any number of barriers in the way of prosperity, and one of the most costly has been the Dodd-Frank financial reforms (DF). Congress passed this 2,300-page law in 2010. It has since spawned a massive new regulatory environment with an impact reaching far beyond the nation’s $1.1 trillion financial services industry.
What is far and away the most important global trade commodity? Food. People have to eat. Before the world’s peoples can afford to purchase from us an iPhone, or a Ford pickup truck – they have to buy (hopefully our) food.
Champagne wishes and caviar dreams are coming true thanks to a government policy called net metering, which allows wealthy environmentalists who have installed solar panels on their roofs to profit unfairly at the expense of economically-disadvantaged people who can’t afford the technology themselves.
For several years, the Obama administration has been touting accountable care organizations (ACOs) as a big part of its proposed solution to rising health care costs, particularly in Medicare. Early results suggest yet another disconnect between the promise and the reality.
Recently two towns, Chattanooga, Tennessee, and the City of Wilson, North Carolina, have petitioned the federal government, via the FCC, complaining that state laws are constraining them from the municipal provision of broadband services, that is, from building a government owned network (GON). That is, these municipalities want to expend resources to build and operate broadband systems, without following any of regulations that govern private sector providers. To overcome the state’s rightful authority the city governments have proposed that the FCC preempt state law and empower municipalities in ways that upset the political structure of the U.S.
On August 6, 2014, Sean Parnell did a presentation about his new book, The Self-Pay Patient: Affordable Healthcare Choices in the Age of Obamacare as a part of The Heartland Institute’s Author Series. During the presentation, Parnell explained why he wrote the book, what it means to be a self-pay patient, why one might want to be a self-pay patient, and what the book means for the free-market healthcare movement.
In a more rational, moral, compassionate, scientifically literate world, this Cornwall declaration would not be needed. It assesses the “far-reaching, costly policies” that the world’s governments are adopting, supposedly to prevent global warming and climate change. It calls on governments to focus instead on protecting the poor, who desperately need the affordable energy that those policies circumscribe.
Today’s economy is driven by Washington in more than just determining the location of Maserati dealerships. We see the ramifications of current government policies in numerous obvious ways. Make full-time employment more expensive with required benefits, and suddenly there are more part-time jobs; provide ample benefits and low eligibility standards for defining disabled workers, and suddenly there are more long-term unemployed going on SSDI; keep interest rates at zero, and suddenly there are more elderly workers; end unemployment insurance, and suddenly you see people accepting jobs they were reluctant to take; and as we’ve seen at the state and local level, raise the minimum wage, and suddenly teens are struggling to find work.
It’s common for people to pretend public education is free. But it’s not. Parents buy access to certain public schools with their mortgage or rent check. A 2012 study of the nation’s 100 largest metro areas found houses near high-achieving public schools cost approximately $11,000 more per year, or 2.4 times as much, as houses near low-achieving public schools. It also found the typical low-income child attends a school that scores below average on state tests, whereas the typical middle- or upper-income child attends a school that scores above average.
The Environmental Protection Agency acts as if every new burdensome demand makes a huge difference for the health and wellbeing of humans, in addition to claims that its costly, excessive regulations upon private business are actual net job creators.
Ezra Klein has a lengthy piece taking apart my post from last July concerning the media’s oft-repeated “Republicans Have No Obamacare Replacement” myth. I’m glad he’s engaged on this point,[…]