Why looting is the worst kind of theft

The Mongol ruler Genghis Khan once asked his generals, “What is the greatest happiness in life?” When they answered that it was going hunting on a spring day while riding a beautiful horse, Genghis said they were wrong. Continue Reading...

Should credit-card interest be capped at 15%?

Democratic presidential primary contender Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez have unveiled a plan to cap credit-card interest rates at 15%: Under the “Loan Shark Prevention Act,” the annual percentage rate applicable to any extension of credit would not be allowed surpass 15% on “unpaid balances, inclusive of all finance charges” or “the maximum rate permitted by the laws of the State in which the consumer resides.” Consumer debt, and credit card debt in particular, is something many Americans struggle with and both the amount of total debt as well as the interest rates have escalated in recent years: The median credit-card interest rate was 21.36% as of last week, compared with 12.62% a decade ago, according to Creditcards.com. Continue Reading...

Should the Boston Marathon bomber get to vote?

During a CNN town hall on Monday, a student asked Democratic presidential candidates Bernie Sanders and Kamala Harris whether they would allow felons in prison to vote: You have said that you believe that people with felony records should be allowed to vote while in prison. Continue Reading...

The Left’s populist pushback

Simply defined, populism is the rebellion of the common man against the outsiders. This vague definition reflects the reality that there are populists of numerous different political persuasions; at its heart, populism is a strategy, not an ideology. Continue Reading...