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...

10 facts about homelessness in America

The homeless represent the most vulnerable portion of Americans living in poverty. The latest U.S. government report on homelessness shows that a culture of secularism and statism is depriving Americans of church philanthropy, curbing the free market’s ability to provide, and leaving the most vulnerable reliant on the government – or the mercy of the streets. Continue Reading...

Sohrab Ahmari’s biggest mistake

The debate between Sohrab Ahmari and David French has sparked a useful conversation about the means and ends of liberty. In that discussion, both men make valid criticisms and both sometimes fall short, but a recent column by Ahmari reveals perhaps the most glaring error in his perspective. Continue Reading...

New ‘Religion & Liberty’ focuses on the student loan crisis

The newest issue of Religion & Liberty has been uploaded. You can view it here. This issue of Religion & Liberty focuses on higher education in all its fulness. Two statistics throw the college tuition crisis into stark relief: Since 1978 – the year the federal government offered subsidized loans to all students – the cost of college tuition has risen by 1,375 percent. Continue Reading...