The Economics of $350 Wine
Outrage over Congressman Paul Ryan’s purchase of an expensive bottle of wine shows what’s wrong with leftists economics.
Opinion
What Do Taxi Drivers in Greece and DC Have in Common?
Whereas Greece is liberalizing its taxi market, the District of Columbia is making it harder for individual drivers to compete.
Drug Decriminalization Worked in Portugal
The small European country proves opponents of a liberal drug policy wrong.
Republicans Vote Against Free Trade Pacts
Republicans refuse to vote for trade agreements with Colombia, Panama and South Korea.
Non-Union States Have Better Workforces
States that do not allow workers to be forced into a trade union have a more efficient labor force.
Bloomberg Makes Case for Immigration Reform
The mayor of New York urges America not to turn immigrants away.
Just How Bad Are Britain’s Spending Cuts?
Unions protest, but no “reckless” cuts have yet been made.
The Distorted Legacy of Vietnam
Vietnam may have been mismanaged, but it is time to reappraise the need to intervene.
New York Times Columnist Blasts Fannie Mae
David Brooks describes the devastating affordable housing myth as “the most important political scandal since Watergate.”
Obama Undermines British Claims in Falklands
American support for Argentina in the Falklands dispute makes no sense.
Electricity Costs Rising in the United Kingdom
As coal and nuclear face scrutiny for environmental reasons, Britain becomes more dependent on natural gas, driving up the price.
Malthusianism for the Twenty-First Century
As the world once again faces its “limits to growth,” calls for population controls resurface.
Medicare Is Not Sustainable in Its Current Form
Paul Krugman pretends the system can be saved by rationing health care delivery substantially.
Germany’s Irrational Nuclear Energy Policy
The German government’s decision to abandon nuclear will worsen Europe’s energy troubles and increase the use of fossils.
The War on Drugs Has Failed
The drug war has failed, says a recent report, “with devastating consequences .”