Teachers Unions vs. Students

Labor unions can be a force for good, especially in protecting the interest of workers against exploitation. But as with any human institution, unions can become harmful to the common good. Continue Reading...

Why Lawmakers Should Read and Understand the Laws They Make

“I’m still floored that it’s controversial or debatable to say that politicians should read and understand bills before voting them into law.” That quote, from a tweet by Washington Post writer Radley Balko, might provoke sympathetic nods of agreement or sneers of derision from Americans familiar with D.C. Continue Reading...

Explainer: The Obamacare Subsidies Ruling (Halbig v. Burwell)

What just happened with Obamacare? In a two-to-one decision, the U.S. Court of Appeals for the District of Columbia Circuit dealt a serious blow to Obamacare by ruling the government may not provide subsidies to encourage people to buy health insurance on the new marketplaces run by the federal government. Continue Reading...

The Idle Rich

Over at his blog, Peter Boettke writes, “The idle rich are never really idle in a free market economy.” Now while we might want to distinguish between the rich and their riches, could it be that even in their consumption, conspicuous or otherwise, the rich are contributing to a rising tide that lifts all boats? Continue Reading...

Why Bootleggers and Baptists Align on Regulation

“Politics makes strange bedfellows,” said Charles Dudley Warner. And nowhere is that more true than in the political alliances that form around regulation. In a 1983 paper, regulatory economist Bruce Yandle coined the catch-phrase “Bootleggers and Baptists” for the observation that regulations are often supported by peculiar alliances who have very different end-goals in mind. Continue Reading...