For decades, the quality of life of the incoming generation of Americans has built on and improved on that of the previous generation. According to new data released by the United States Census Bureau, however, that is not the case for the current incoming generation, the Millennials. They have government to blame for their rotten economic conditions.
The U.S. was the world’s number one economy prior to World War II, but it took off bigtime after the war and there has not been a day of my long life in which we were not number one—until now.
Yet another ongoing government authoritarian problem is the rampant abuse of civil forfeiture. Which is where federal, state and local Leviathans seize personal property of all sorts. Often when someone is merely suspected of – not charged with – a crime. Often when the tie between the property and any criminal activity is at best tangential.
One of the lesser known attempts to prove that renewable energy, wind and solar power, can replace traditional energy sources–coal, oil, and natural gas–went belly up in much the same way current wind and solar companies depend on tapping the taxpayer for government subsidies in order to stay in business. Google’s Renewable Energy Cheaper than Coal initiative begun in 2007 and shut down four years later.
Co-Director of Heartland’s Center on the Digital Economy, Jim Lakely discusses Net Neutrality with guest host Mike Siegel on the Howie Carr Show. Siegel and Lakely talk about the latest Net Neutrality news and what it would mean for the Internet.
Last year, the U.S. Senate passed the Marketplace Fairness Act (MFA), a plan to allow local and state governments to collect sales taxes on retailers outside their jurisdiction, with 15 Republican senators joining 54 Democrats to support shaking down online retailers for more tax revenue.
“No. I — I did not. Uhhh, I just heard about this… I — I get well briefed before I come out here. Uh, th-th-the fact that some advisor who never worked on our staff, uhh, expressed an opinion that, uhh, I completely disagree with wuh, uhh, in terms of the voters, is no reflection on the actual process that was run.” — President Obama replying to a question about Jonathan Gruber at the conclusion of the G-20 Conference in Brisbane, Australia.
Americans’ rights and prosperity are being threatened by cronyism, Ayn Rand Institute’s Steven Simpson said last week during a symposium hosted by Heartland Institute in Chicago. “The issue is that government has too much power and has strayed far beyond its proper purpose of protecting rights,” Simpson declared.
Unless you only get your news via the Jurassic Press – or you are a government school victim who as a result doesn’t pay attention to anything at all – you are now intimately familiar with the on-camera stylings of Jonathan Gruber.
This November marks the 25th anniversary of the fall of the Berlin Wall. On November 9, 1989, as the shaky East German communist government resigned, the Berlin Wall came tumbling down. Large crowds formed on both sides of the Wall. East and West Berliners climbed on top, and then people began using sledgehammers and pickaxes to cut holes in it. People started to move back and forth through the Wall, capturing the spirit of a freedom to move without political barriers standing in the way.
Pundits largely agree that those who cast ballots last week had more or less one idea in mind – Washington is broken and must be fixed. So imagine the surprise that online customers will receive when Senators Reid and Durbin lead the just voted out Senate to massively expand government power in their last few days at the helm of Congress.
Ignoring the language of the law, the Obama administration decided to give tax credits through the federally established exchange. This triggered several lawsuits, with two courts ruling to uphold the law as written, thereby preventing tax credits from being applied to individuals who signed up through the federal exchange, while a third court sided with the administration’s argument Congress simply forgot to write into the law that tax credits could be given through federal exchanges.
Jim Lakely, communications director at The Heartland Institute, talks with journalist, author, and American”European socialist” Nina Burleigh about various topics including the results of the midterm elections, the economy and politics in general.
Why is it that government grows in size and scope, and is so difficult to stop or reverse? Political economist, Gordon Tullock, who passed away on November 3, 2014 at the age of 92, was a path-breaker is explaining how and why big government keeps getting bigger.
Writing in The New York Times on Monday, November 3, 2014, from Durham, North Carolina, Professor David Schanzer and his student Jay Sullivan suggest that, by U.S. Constitutional amendment, the country should eliminate midterm elections. Instead, they suggest, Congressional representatives and Senators alike should hold four- or eight-year terms coincident with the President’s and be elected only when American voters also elect a U. S. President.
Over a scholarly career that has spanned a half a century, Kirzner has enriched our understanding of the theory of the competitive process, the role of the entrepreneur in bringing about market coordination and innovation, the nature of capital and interest, the dangers resulting from the regulated economy, and the importance of individual freedom for the open-ended creativity that enhances the general human condition.
Thirty states, including Ohio, have renewable portfolio mandates. These laws require a certain percentage of electricity to be generated from renewable sources, primarily wind and solar power.
Suppose that there was a button in front of you that if you pushed it would, in one instant, abolish all the governmental controls and regulations on the U.S. economy. Would you push that button, and transform America into a society of free men associating with each other on the basis of voluntary exchange, with government limited to protection of life, liberty and honestly acquired property?
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.