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FEE - 2017-11-21 - Original post - cached version

There’s an amusing ritual that takes place in Washington every time there’s a big debate about tax policy. A bunch of rich leftists will sign a letter or hold a press conference to announce that they should be paying higher taxes rather than lower taxes.

FEE - 2017-11-21 - Original post - cached version

In Lafayette, Indiana, 11 endangered historic properties have been identified by the Wabash Valley Trust for Historic Preservation (the Trust). The Trust has determined these properties be worthy of preservation. But what should be done and who should do it?

FEE - 2017-11-21 - Original post - cached version

My job suddenly got a lot easier, though, because Eduardo Porter of the New York Times wrote a column today that includes a graph very effectively illustrating why Japan is in trouble. Simply stated, the country is on a very bad trajectory of ever-higher taxes.

FEE - 2017-11-21 - Original post - cached version

Hayek’s whole purpose in writing this chapter, “The Totalitarians in Our Midst,” serves as a warning to his readers. The mass death of WWII had devastated and shocked the world. But unless individuals were able to identify how totalitarianism had taken over Europe in the first place, they would...

FEE - 2017-11-21 - Original post - cached version

The question is not which party is worse. The question is not which party shelters more rapists. The questions, for me at least, are these: why does there seem to be such a high correlation between power and it's abuse, and if it exists and is visible to all of us, why do we prop up a system...

FEE - 2017-11-20 - Original post - cached version

Just over a hundred years ago, in the early years of the 20th century, tens of thousands of people gathered at a series of rallies. Their cause was free trade; they were there to commemorate Richard Cobden and John Bright’s successful campaign to abolish the Corn Laws...

FEE - 2017-11-20 - Original post - cached version

It is the individual, above all things, and the philosophical outlook that defends his or her rights, who presents the greatest obstacle to totalitarianism.

FEE - 2017-11-20 - Original post - cached version

In other words, if tax rates change, does that incentivize people to alter how much they work, save, and invest, thus changing the amount of taxable income they earn and report? I’ve written about how the Laffer Curve has impacted revenue in nations such as France, Russia, Ireland, Canada, and...

FEE - 2017-11-20 - Original post - cached version

Robert Putnam, famed author of Bowling Alone, has spent much of his career regretfully publicizing the dangers of diversity. His most famous claim, of course, is that "social capital" - usually operationalized as "trust" - is vital for a good society. And though he's a liberal in good standing,...

FEE - 2017-11-20 - Original post - cached version

The prevalence of entrepreneurial activities such as street trading in developing countries testifies to the truth of entrepreneurialism among the citizens. These people, as much as in any developed country, remain alert about profit opportunities and act in accordance. So what then prevents...

FEE - 2017-11-20 - Original post - cached version

Customers who visit these New York bakeries come for the cookies and cake but they may not be aware that they are also supporting a revolutionary way to employ people who might not otherwise have a chance at a job.

FEE - 2017-11-20 - Original post - cached version

Music is not mere abstraction; it emerges from and is understood within the firmament of history and culture, what we see and what we experience. Beethoven composed the theme music for the world around him. Everywhere he looked, it must have seemed like the birth of something gloriously new.

FEE - 2017-11-20 - Original post - cached version

The American opioid epidemic reaches new highs every year. Last year, the number of Americans killed by overdosing on opiates surpassed the number of those killed during the duration of the Vietnam War. The proliferation of fentanyl – a synthetic opiate primarily used in medical care and in...

FEE - 2017-11-19 - Original post - cached version

Farmers markets are a blessed respite from the agricultural regulatory system in which every line of the code has a passionate defender. Consumers who want freedom of choice, great quality, and low prices are mostly powerless in the face of the regulatory/industrial machinery. The result is a...

FEE - 2017-11-19 - Original post - cached version

These arguments are not new. Robert Hessen, in this excellent short book In Defense of the Corporation (115 pages), sets out to demolish these arguments, and he does so with logic and rigor. The book came out in 1979 and was a response to the call for federal chartering and rigid control over...

FEE - 2017-11-19 - Original post - cached version

Today, as incredible as it might seem, it is legal for the federal government to read your emails without the pesky hassle of getting a warrant – as long as they are six months or older. The government can do this by exploiting a legal loophole in an outdated 1980s law.

FEE - 2017-11-19 - Original post - cached version

Government is often seen as society’s great equalizer. In education, nothing can be further from the truth. Indeed, it is almost impossible for one to imagine an aspect of society with greater inequities than those existing in the U.S. education system.

FEE - 2017-11-18 - Original post - cached version

Therefore, it is appropriate to talk about how politics and private philanthropy are inextricably intertwined. Ironically, it is the morally indignant progressive movement that promotes policies that end up hindering voluntary efforts to help those in need.

FEE - 2017-11-18 - Original post - cached version

Nowadays, citizens and noncitizens alike have the pleasure of possibly having their personal devices searched and even retained for weeks on end by Customs and Border Patrol (CBP) or Immigration and Customs Enforcement (ICE) agents. That means your emails, texts, banking information, photos—...

FEE - 2017-11-18 - Original post - cached version

Many — if not most — of the Post’s recommendations from experts, artists, and writers are insipid or authoritarian. But they provide an excellent snapshot of progressive thinking after nearly one year of Trump era tumult.

FEE - 2017-11-17 - Original post - cached version

There he was dropping off packages in the mail room. I picked up mine and walked away. Then I did a double take. The patch on his shoulder was not USPS, FedEx, or UPS. It was the familiar lower case “a” of Amazon.

“Wait, do you actually work for Amazon?”

“Yes, sir.”

FEE - 2017-11-17 - Original post - cached version

Okay, I admit it. I’m not a sports fan. I don’t get the tribal celebration of one group of players over another, a grouping that can change every year at draft day and magically transform cherished heroes into hated villains. But for many Americans, team sports fandom is a way of life, and it’s...

FEE - 2017-11-17 - Original post - cached version

One of the most curious – and most mistaken – arguments that Ian Fletcher made during our debates on trade earlier this week at Hillsdale College occurred repeatedly during discussions of the trade deficit. One of the facts that I pointed out is that a U.S. trade deficit is good for the U.S....

FEE - 2017-11-17 - Original post - cached version

Have a side hustle? You might be breaking the law. The IRS requires anyone making more than 400 bucks a year from self-employment to report that income on their tax return. That means if you sell textbooks on Amazon, play gigs on Friday nights, or pocket the tips from a Saturday bartending shift...

FEE - 2017-11-17 - Original post - cached version

While there are surely some congenital socialist holdouts in our midst, most in the U.S. now acknowledge that socialism and communism don’t work. The 20th century revealed in bloody fashion what happens when governments become too powerful such that economic and personal freedom are suffocated....

FEE - 2017-11-17 - Original post - cached version

In his bestselling book Chasing the Scream, British journalist Johann Hari highlights a different study from the 1970s conducted by Bruce Alexander, a psychologist and professor from Vancouver. Alexander noticed something peculiar: the rats in these experiments were always...

FEE - 2017-11-17 - Original post - cached version

Those of us who have spent years advocating in favor of political and economic freedom in the Southern African country, not to mention millions of Zimbabweans, will rejoice at seeing the back of a corrupt and brutal dictator. But it would be a mistake to be too hopeful. The man who seems poised...

FEE - 2017-11-17 - Original post - cached version

The world we live in is full of unpredictable, individual actors. This alone has been enough to justify state intervention in almost every aspect of our lives since the very first governments were formed among men. Yet, even though the world is full of chaotic moving parts, there is an organic...

FEE - 2017-11-16 - Original post - cached version

American higher education is increasingly defined by an aimless mishmash of courses on trivial topics that present no clear view of what a human being must know in order to be considered liberally educated. The result: the liberal arts have been gutted and repackaged to serve various ideological...

FEE - 2017-11-16 - Original post - cached version

The new post-US draft of the agreement excludes the entire section on Intellectual Property – the most annoying and anti-freedom part of the deal that had huge prominence in all the treaty drafts. As it turns out, it was the US influence that explained why this treaty included the section to...

FEE - 2017-11-16 - Original post - cached version

"You see, Omer, the fundraising and logistics are not so hard. What drives me crazy are the high school principals. It is so difficult to get them to cooperate!  I do all the hard work for them; they don’t even have to pay for the trips! When I'm education minister, I'll make the trips mandatory...

FEE - 2017-11-16 - Original post - cached version

Smokers faced a 15-minute journey to smoke outside and non-smoking employees took issue with time smokers were on break. But management acknowledged these trips were not wastes of time but often used to discuss business. Rather than anger one side by implementing a ban or punishment, the company...

FEE - 2017-11-16 - Original post - cached version

The problem is not that we as a society do not know how to label or consider white men as terrorists. The problem we have as a society is we do not understand the definition of the word terrorism.

FEE - 2017-11-16 - Original post - cached version

I knew my phone use was getting to be a problem. I was beginning to feel as though I was missing out on many opportunities to connect with real people. Over the years, I had learned that while integral in our modern day, social media friendships are not always as they seem. Someone liking your...

FEE - 2017-11-16 - Original post - cached version

There are always opportunity costs. Essentially these are: we can’t do this thing here because we’ve just gone and done that thing over there. For example, if I have a pound, and apples and pears are a pound each, then if I have an apple, I cannot have the pear – my...

FEE - 2017-11-16 - Original post - cached version

In the United States alone, there is over $58B in unclaimed property. That’s right, the amount of unclaimed assets is approximately the size of Luxembourg’s GDP. According to the National Association of Unclaimed Property Administrators (NAUPA), in fiscal year 2015, of the $7.63B unclaimed...

FEE - 2017-11-16 - Original post - cached version

Republicans are also virtually identical to Democrats in their Marxist view of society. For Republicans, just like Democrats and communists, it is made up of different “classes” of people, competing with each other in a zero-sum game for pieces of a static, finite “pie.” This is explicit in...

FEE - 2017-11-15 - Original post - cached version

Liberalism is liberal. It is an emancipation philosophy and a joyous celebration of the creative energy of diverse peoples near and far. The liberal order is about a framework of rules that cultivates that creativity, and encourages the mutually beneficial interaction with others of great social...

FEE - 2017-11-15 - Original post - cached version

Bastiat is perhaps most famous for his caution that we should not merely consider the observable consequences of public policy, but the hidden and unintended consequences as well—what he called "what is seen and what is unseen."

Few areas of public policy better illustrate what he was...

FEE - 2017-11-15 - Original post - cached version

I periodically get hit with the argument that high tax rates don’t matter since America enjoyed a golden period of prosperity in the 1950s and early 1960s when the top tax rate was more than 90 percent. But the US experienced four recessions during the 1950s which were really a period of tepid...

FEE - 2017-11-15 - Original post - cached version

Two things in life are certain: death and taxes. So goes the saying. And yet despite that, the idea of the necessity of taxation is largely undisputed, “consent” to its use is, historically seen, new. How did it come about that tax evasion, first an act of protection against the abuse of...

FEE - 2017-11-15 - Original post - cached version

The World Fair Trade Organization has declared this week to be World Fair Trade Week. "Fair trade" is quite the buzzword in commerce these days and is generally associated with agricultural products. Chief among those is coffee. The popularity of fair trade coffee is undeniable. But what even is...

FEE - 2017-11-15 - Original post - cached version

The rise in black market activity in North Korea led to the millennials of the nation being dubbed the ‘Jangmadang (장마당)’ generation, named after the Korean term meaning ‘market grounds’. Initially, these markets consisted of disorganized traders meeting in fields, facing seizure from police if...

FEE - 2017-11-15 - Original post - cached version

Legend has it that tea became a thing 4,000 years ago in China when the god/emperor Shennong asked his servant for a cup of water and some tea leaves blew into his drink.

FEE - 2017-11-15 - Original post - cached version

Perhaps the most remarkable thing about cryptocurrency is that it unleashed competition without any reform of the system that still operates from the top down. No law was repealed, no plan was enacted, no new reforms were passed. It was as if a Maserati had sudden driven up alongside a fleet of...

FEE - 2017-11-14 - Original post - cached version

Twenty metro areas are competing to become the new home of Amazon's HQ2. Many of these cities suffer from housing affordability problems and would benefit from reforming the regulations which drive up development costs and crush residents' ability to innovate, work, and live affordably.

...

FEE - 2017-11-14 - Original post - cached version

Figure that there are profit-motivated businesses of all kinds in the U.S., and that serve the needs of every income class. What’s crucial is that the good businesses, as in the businesses that enjoy relentlessly rising stock-market valuations, are the ones constantly pushing down the price of ...

FEE - 2017-11-14 - Original post - cached version

In the early twentieth century, concern about children’s welfare in oppressive factories was a primary catalyst for enacting child labor laws and simultaneously tightening compulsory schooling laws. Yet, for many of today’s children, the time they spend in forced schooling environments is both...

FEE - 2017-11-14 - Original post - cached version

Now imagine you're visiting South Asia and see a group of natives strolling around in swastikas. How should you react - and what should you do? There are two main routes.

FEE - 2017-11-14 - Original post - cached version

It’s become fashionable to malign millennials for killing everything from dinner dates to department stores. If the results of a recent survey are anything to go by, there’s another victim that can be added to that lengthy list – fiat currency. According to a newly released survey, over 50...

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