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...

NHS forces mentally challenged Catholic woman to have an abortion

If it were possible to localize all the pathologies undermining the West into a single incident, a court ruling handed down on Friday might serve as the one. A British judge has ordered a young Catholic woman with “moderately severe” learning disabilities to have a second-trimester abortion against her will, in a case filed by the publicly funded National Health Service. Continue Reading...