It is seventy years, now, since near the end of the Second World War Austrian economist, and much later Nobel Prize winner, Friedrich A. Hayek published his most famous article, “The Use of Knowledge in Society,” in September 1945, demonstrating why it is impossible for a system of socialist central planning to effectively manage a complex and ever-changing economy better than a functioning, competitive free market order.
In today’s edition of The Heartland Institute Daily Podcast, Research Fellow Isaac Orr speaks with Jessica Sena. Sena is the communications director at the Montana Petroleum Association. Jessica Sena and Isaac Orr discuss the impact drilling setback regulations and more.
Elon Musk and his fellow barons of Climate Crisis, Inc. recently got a huge boost from Pope Francis. Musk et al. say fossil fuels are causing unprecedented warming and weather disasters. The Pope agrees and says Catholics must “ask God for a positive outcome” to negotiations over another UN climate treaty.
How many times has government royally messed up something? And not fired anyone? Or done anything that remotely resembles improving their performance? Oh so very often. In part because they don’t care – once they have the power, they don’t care what happens to us. In part because they are too busy planning their next grabs.
Many Social Democrats believed that democracy was both compatible with and an essential complement to a humane socialism, a socialism that did not reduce humanity to obedient cogs in a giant collectivist wheel directed by a “dictatorship of the proletariat.” They wanted socialism with traditional civil liberties, personal freedom and democratic politics.
In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with Bill Bergman. Bergman is the vice president of Truth in Accounting. Bergman joins Hathaway to talk about a new report on the federal government’s “credit card statement.”
Government is just another organism. Just like any other other organism, its first priority is self-preservation. Its second – is to grow. The most it possibly can. It wants to be bigger, do more – control more.
In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with Tom Lampman. Lampman is a fiscal policy fellow at the Buckeye Institute for Public Policy. Hathaway and Lampman talk about a new report about billions of dollars in wasteful spending by the Ohio state government.
American “progressives” portray themselves as “forward-looking,” advocates of a higher and better freedom than the traditional American conception of liberty as freedom from government coercion and control. In fact, they are the intellectual great-grandchildren of the “reactionary” nineteenth century Imperial German “Iron Chancellor,” Otto von Bismarck.
In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with Matt Mayer. Mayer, a Heartland policy advisor, is president of Opportunity Ohio as well as Chief Operating Officer of the Liberty Foundation. Mayer joins Hathaway to help explain the world of prevailing wage and project labor agreements (PLAs).
“Trade Wars” actually aren’t about trade — they are about government trade policy. If peoples are trading freely, there isn’t a “War” – there’s commerce. The “Wars” only happen when governments get involved, placing tariffs, regulations and subsidies in the way of the flow.
A little more than a year ago, it was Jonathan Gruber of MIT disparaging the American voter. Now, it’s Paul Krugman formerly of Princeton. In a recent interview, trying to explain why Republicans won the elections of 2014, he said “people have impressions that are often not right and they can be gamed.” Presumably, all would be right in the world if Democrats just talked more slowly. “Vote … for … me … and … I … will … give …. you … more … free … stuff.”
In today’s edition of The Heartland Daily Podcast, Kenneth Artz, managing editor of Health Care News speaks with Seton Motley. Motley is the president of Less Government, a DC-based non-profit organization dedicated to reducing the power of government and protecting the First Amendment from governmental assault. Motley and Artz discuss the ongoing meltdown of the Oregon state health insurance exchange.
There are currently four patent “reform” bills being considered by Congress. Patents are a way innovators protect their ideas – which is how we as a society protect our continued economic viability. If people who invent cool stuff can’t protect their cool stuff from thieves – they’ll stop inventing cool stuff.
Net-metering subsidies for solar power are running up large deficits and proving too costly for Louisiana. It is time for Gov. Bobby Jindal (R) and the state legislature to pull the plug on these subsidies, which merely add to the mountain of federal government favoritism bestowed on the solar power industry.
In today’s edition of The Heartland Daily Podcast, Jesse Hathaway, managing editor of Budget & Tax News speaks with John Berlau. Berlau is a senior fellow at the Competitive Enterprise Institute. Hathaway and Berlau talk about the U.S. Department of Labor’s proposed conflict-of-interest rule, a regulation on retirement investment brokers that would put professional investment advisors out of the reach of millions of investors, and rack up billions of dollars in compliance costs.
More government means more expensive everything. Every second and penny spent paying government taxes and complying with government regulations – raises the prices of the goods and services people proffer.
As I previously discussed in Townhall Finance, real and sustainable private investment is being held back in large part due to the regime uncertainty caused by such regulations as Dodd-Frank, Obamacare and climate change. In fact, I first pointed this out publicly as one of the guest speakers at a large Tea Party rally on Tax Day 2010 in Appleton WI.
On climate, EPA relies on computer models and discredited IPCC reports to predict global catastrophes that it insists can be prevented if the United States slashes its fossil fuel use, carbon dioxide emissions and living standards, even if China, India and other developing countries do nothing. Meanwhile, real-world temperatures, hurricanes, tornadoes, polar ice and sea levels continue to defy the fear-mongering. So now the rhetoric has shifted yet again, to alleged national security and asthma threats from climate change.