NAACP, Hispanics Fight Government Intervention

Last September the New York City Board of Health approved a measure that would ban the sale of sugary drinks over 16 ounces. Politicians justified the action because of the city’s escalating obesity rate and research linking sugary drinks to weight gain. Continue Reading...

History Shows Freedom Drives a Car

If you want to improve the material conditions of the poor and working classes, what is the one economic metric you should consider most important? For progressives the answer is income inequality, since a wide disparity between the incomes of the rich and poor is considered by them to be an obvious sign of injustice and a justification for using the force of the government to redistribute wealth. Continue Reading...

Why Would Anyone Choose Twitter Over Indoor Toilets?

Do most people value electricity and indoor plumbing more than cell phones and the Internet? In his article, Is U.S. Economic Growth Over?, economist Robert Gordon argues that they obviously do, and offers this thought experiment to prove his point: A thought experiment helps to illustrate the fundamental importance of the inventions of [the second industrial revolution] compared to the subset of [computer age] inventions that have occurred since 2002. Continue Reading...

Freedom for Kiwis, But Not for Thee

There are more people living in the city of Los Angeles than live in New Zealand. Yet the small country in Oceania beats out the the U.S. in several key areas, such as on the production of movies about hobbits, ratio of sheep to humans (9 to 1), and . Continue Reading...

The Fiscal Cliff Deal and Intergenerational Justice

So … what happened? With regular coverage of the US “Fiscal Cliff” running up to the new year, PowerBlog readers may be wondering where the discussion has gone. While I am by no means the most qualified to comment on the matter, I thought a basic summary and critique would be in order: With six minutes to read this 157 page bill, the US House of Representatives passed it. Continue Reading...

Three Ways to Defend the Free Market

Nicholas Freiling offers three helpful suggestions for how advocates of liberty can defend the free market: 1. Raising questions is always better than giving answers. Capitalism defends itself. It is logical, coherent and well-supported. Continue Reading...

Combatting Textbook Tyranny

In addition to my post in late November about the textbook bubble (spurred by this post from AEI’s Mark Perry), the Atlantic‘s Jordan Weissmann joins the discussion, asking, “Why Are College Textbooks So Absurdly Expensive?” (also the title of his article). Continue Reading...

Economic Justice IS Social Justice

All good people are concerned about the plight of the poor, and there are a multitude of ways to address this. The umbrella of “social justice” seems to get bigger every year, with Millenium Development Goals, the ONE campaign, and a host of other foreign aid projects that seek to remove the scourge of abject poverty. Continue Reading...