Why socialism always fails
Mark J. Perry, AEI Ideas
Given the recent resurgence of socialism, especially as it is now being embraced by young Americans, I thought it might be a good time to re-visit my 1995 essay to review why socialism: a) failed in the 20th century, b) is failing in the 21 century (e.g. Venezuela, see photo above), and c) will always fail.
Capital ideas in a time of inequality
Tim Hartford, The Undercover Economist
‘The wealthy do not simply wallow in bank vaults like Scrooge McDuck. They spend their money’
Flint Water Crisis Inquiry Finds Cascade of Errors
Julie Bosman, New York Times
Among other problems, an independent task force charged with investigating the city’s tainted water cited poor communications and faulty equipment.
Holy Week at the Supreme Court — Impressions from Sister Constance, Little Sister of the Poor
Kathryn Jean Lopez, National Review
On Wednesday, the Little Sisters of the Poor had their day at the Supreme Court. It was oral arguments in Zubik v. Burwell, the religious-freedom challenge to Obamacare’s abortion-drug, contraception, female sterilization mandate.