Government by ideological fantasy – at the expense of actual facts – is a terrible idea. So too is government of, by and for the donors. Far too often government regulators and bureaucrats ignore Reality – to tilt at ideological windmills. And WAY too often government becomes one giant stenographer for contributors – writing laws and regulations to accommodate their check-cutters’ every whim and wildest dream.
Once in office, he backed that up with a March 2009, executive order that offered “$2.4 Billion in Funding to Support Next Generation Electric Vehicles” to “help meet the President’s goal of putting one million plug-in hybrid vehicles on the road by 2015.” He continued the electric-car drumbeat in his 2011 State of the Union Address: “We can break our dependence on oil…and become the first country to have one million electric vehicles on the road by 2015.”
In this episode of The Heartland Daily Podcast, managing editor Jesse Hathaway talks with Manhattan Institute research fellow Jared Meyer about a recent study commissioned by New York City Mayor Bill DeBlasio on the impact of Uber and other peer-to-peer transportation network companies on the city’s ever-present traffic congestion.
The purpose of any economic exchange is to better one’s position, whether a person buys or sells something for money or barters for something else. This is the essence of free market capitalism, where all economic transactions are voluntary because they are of mutual benefit. They are all “win-win” situations in the minds of the participants.
If advocates of freedom were to make up a list of New Year’s resolutions for 2016, one of the most important items should be ending government’s monopoly control over money. In a free society, people in the marketplace should decide what they wish to use as money, not the government.
It’s one of our most oft-cited quotes. George Santayana’s “Those who cannot remember the past are condemned to repeat it.” The reason it so regularly recirculates is because we far too often fail its tenet. Which is truly sad. Because if you pay attention to the past – you can make some reasonable, rudimentary predictions about the future. And avoid a whole lot of completely unnecessary errors.
Liberals love to extol their deep compassion for the poor, whom conservatives allegedly don’t give a fig about. Thus our Community-Organizer-in-Chief pontificates endlessly about income inequality, to justify his determination to “fundamentally transform” our nation, so that “everyone gets a fair shot, and everyone does their fair share, and everyone plays by the same set of rules.”
In today’s edition of The Heartland Daily Podcast, Jay Richards, assistant research professor at the Catholic University of America joins managing editor of Environment & Climate News H. Sterling Burnett to discuss the the misanthropic nature of modern environmentalism.
When the value of the Internet is threatened the entire ecosystem needs to respond. Success in the digital world is achievable when all parties understand that they cannot stand on their own, that in fact an economically thriving digital ecosystem requires good faith cooperation, within the bounds of the law, and with an eye towards what is best for the broader ecosystem.
For over a decade, now, the American economy has been on an economic rollercoaster, of an economic boom between 2003 and 2008, followed by a severe economic downturn, and with a historically slow and weak recovery starting in 2009 up to the present.
What this amusingly quantifies is that money is a vital component of any and everything we do. Certainly for how we (allegedly – used to) organize our economy. “Capital” is the fundamental element of capital-ism. It is the engine that drives our yachts – right up alongside the happiness we all pursue.
Congratulations Boston! Your rejection of the “honor” of representing the US as its candidate for the 2024 Summer Olympics is an inspiring example of government performing its obligation to taxpayers and their hard earned money. Those of us who think that government has a responsibility to wisely use taxpayer money sometimes forget that Massachusetts enacted Proposition 2 1/2 not long after California’s fabled Proposition 13.
As any parent knows, every child learns in a way that’s tailored to his or her personality. That’s a fundamental reason all parents should have the right to choose the education of their child. Unfortunately, the current public school system is based on your street address instead of how your child learns.
In rural North Carolina, Lyndon McLellan runs the L&M Convenience Mart, a small gas station and restaurant, half a mile outside the limits of Fairmont. In the summer of 2014, every last penny of McLellan’s business bank account was drained by Internal Revenue Service (IRS) agents, on the pretext McLellan was attempting to conceal evidence of money laundering.
Financial markets in the United States and around the world are all waiting with “bated breath” for when the Federal Reserve modifies its “easy money” policy and starts to raise interest rates. No one, however, asks a simple question: Why is the American central bank in the interest rate setting business?
They first tried to say the cause of the crash was a lack of government money. Except Amtrak has received over $30 billion since its 1970 inception. The last spending bill signed by President Barack Obama included $1.4 billion for Amtrak.
In today’s edition of The Heartland Daily Podcast, Managing Editor of Budget & Tax News Jesse Hathaway speaks with Veronique De Rugy. De Rugy is a Senior Fellow at the Mercatus Center. De Rugy is on the podcast to explain how Congress is attempting to increase spending and bypass sequestration spending caps in the coming 2016 budget.
At a time when the Louisiana legislature is facing a $1.6 billion budget shortfall with massive cuts in important programs like healthcare and education as a solution, legislators realize tough decisions have to be made—even when the choice may anger advocates who depend on the handouts they claim are essential for survival.
You may not have noticed it when out buying things in the marketplace in the context of your personal budget, but according to the Wall Street Journal (April 24, 2015) the world is awash with too much stuff. We seemingly have too much of, well, almost everything: too many raw material commodities, too much capital, and too much labor. The world, claims the Journal, is suffering from global gluts.