Government funds bring corruption to Mayberry

Front Royal, Virginia, is just 70 miles from Washington, D.C., by road but a million miles away by culture. One resident described the town, which bills itself as “the northern gateway way to the Shenandoah Valley,” as “sort of like Mayberry.” This author, having visited the city many times, can confirm that description. Continue Reading...

Bailouts, moral hazards, and the scapegoating of the taxpayer

If pandering is the politicians’ pastime, then we owe a special debt of gratitude to those who resist this seemingly irresistible force. Today, UK Prime Minister Boris Johnson confirmed that he refused to extend a £150 million government bailout to prevent Thomas Cook, the world’s oldest travel agency, from going bankrupt. Continue Reading...

Understanding America’s anti-market soccer system

The United States is globally known as the “father” of free enterprise. Even though the United States does not follow the same classical liberal principles implemented in its foundation, it still serves as a role model of a successful capitalist nation for many countries around the world . Continue Reading...

Is income inequality acceptable?

In the past few weeks, democratic presidential hopefuls outlined income inequality fixes anywhere from $1,000 per month basic income to free college and single payer healthcare. While many operate on the assumption that income equality results in a fair economic system, I do not. Continue Reading...