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FEE

FEE - 2018-01-16 - Original post - cached version

This week I was denied a service because the company’s values are at odds with the values that Alliance Defending Freedom stands for — values I personally hold. And guess what? I’m okay with that.

FEE - 2018-01-16 - Original post - cached version

Poles and Ukrainians have every reason to hate each other, but they don’t. Quite the contrary, despite unsettled historical matters, the way these two big nations interact might serve as an example of peaceful, voluntary cooperation. And the market is playing a substantial role in the...

FEE - 2018-01-16 - Original post - cached version

Bankruptcy is the most important part of our economic system. Since we humans are prone to making mistakes, all of our economic systems are at risk. So we need a tool that will recognize the failures and then try to do something about them.

FEE - 2018-01-16 - Original post - cached version

Follow Rand’s advice or not. Your life is yours, as she would say. But the ones who listen and learn for themselves are the ones who achieve a life worth living.

FEE - 2018-01-16 - Original post - cached version

And so it is with concerns about the social consequences of media tech. The 17th-century French scholar Adrien Baillet fretted that “the multitude of books which grows every day in prodigious fashion” would destroy civilization just like the “fall of the Roman Empire.” The early days of radio...

FEE - 2018-01-16 - Original post - cached version

Dr. Robert Wang seeks relentlessly to improve his invention. He has read all 39,000 Amazon customer product reviews. He relies on customer feedback to design an ever-better user experience and adds cooking prowess to each new generation of the product. Since he doesn’t advertise, Wang credits ...

FEE - 2018-01-15 - Original post - cached version

So what is it about immigration? Why the outcry? Why does a nation of immigrants react so vehemently to whoever is the immigrant target group of the day/month/year? Working immigrants, legal or illegal, put into play two opposing forces on living standards of resident Americans.

FEE - 2018-01-15 - Original post - cached version

Rather than making unrealistic forecasts about the consequences of Brexit, it is much better to look at what has happened to the UK economy in the 18 months since the referendum. In the words of Aneurin Bevan, the founder of the NHS: “Why gaze into the crystal ball...

FEE - 2018-01-15 - Original post - cached version

With America’s incarceration rate increasing, the damage on the economy can only get worse. America needs able-bodied workers to fill labor demands, but criminal and regulatory policies hinder former prisoners from rejoining the labor market.

FEE - 2018-01-15 - Original post - cached version

Mercantilists see nothing beyond $$$ (or whatever currency they happen to obsess over). But here’s an odd fact: as much as mercantilists love money, they implicitly reject at least three of money’s four chief functions.

FEE - 2018-01-15 - Original post - cached version

As the union-backed “Fight for $15” movement has sought to enact mandatory minimum-wage increases in states and localities across the country, tax reform seems to have spurred wage growth using a different approach. 21 companies have announced raising their base wage to $15 per hour because of...

FEE - 2018-01-15 - Original post - cached version

Trudeau’s position seems to be that free trade is economically beneficial and protectionism is economically harmful. I agree, but if we pay close attention, we see that the Prime Minister is merely paying lip service to free trade.

FEE - 2018-01-14 - Original post - cached version

$1.3 billion in transportation funds was spent not to build or repair state roads but to finance other programs that were apparently more politically rewarding (i.e., generated more votes) than fixing bridges and filling potholes.

FEE - 2018-01-14 - Original post - cached version

Today’s men – whether they be current or future fathers – have been inundated with messages that they are unnecessary, ineffective, and even predatory at times. But is such a message encouraging men to abandon their all-important roles as present, active fathers?

FEE - 2018-01-14 - Original post - cached version

Yesterday's incident demonstrated the power of one person to cause mass suffering through what might have been the longest half hour of countless Hawaiians’ lives.

FEE - 2018-01-13 - Original post - cached version

New York saw murders drop to 290 in 2017, down 12% from the year before, and far below the 2,245 murders committed in 1990. Chicago had 650 murders, despite having less than 1/3 of NYC's population. The good news is that we don't need to curtail civil liberties to control crime.

FEE - 2018-01-13 - Original post - cached version

The politicization of businesses could be a response to demand from employees. The Economist reports that, "many bosses feel that they have little choice but to respond to their staff, who are increasingly vocal on political and on cultural issues. ... 44% of millennial American employees say...

FEE - 2018-01-13 - Original post - cached version

There are also socio-cultural challenges to the use of e-learning, particularly in Africa. Critics argue that the use of e-learning in African higher education could erode African culture and identity. They fear that e-learning platforms might prioritize Western culture and that this is somehow...

FEE - 2018-01-12 - Original post - cached version

Coveting and theft are the greatest threats to civilization. The latter, motivated by the former, undermines the fundamental arrangements that create civilization. Therefore, the essential function of government is to maintain the principle of “to each his own." Any time government fails to...

FEE - 2018-01-12 - Original post - cached version

The story of refrigeration is a common one: from a task done by many servants to a luxury good, and to now a common household appliance used by all. This type of progress exists with nearly all household appliances; from ovens to irons, from washing machines to dishwashers, and from air...

FEE - 2018-01-12 - Original post - cached version

Economists are interested in how a monetary system based on Bitcoin compares to a gold-standard monetary system. Both Bitcoin and gold are stateless and both provide a base money that is reliably limited in quantity. However, Bitcoin and the gold standard are obviously different in other ways....

FEE - 2018-01-12 - Original post - cached version

President Trump has reportedly expressed reservations about public-private partnerships, but White House economic advisor Gary Cohn is still enthusiastic about building the administration’s fabled infrastructure plan around them. Not everyone realizes, however, that there are two very distinct...

FEE - 2018-01-12 - Original post - cached version

The left’s fixation on reducing inequality is misguided. If they really care about the poor, they should focus on reducing poverty. Many folks on the left pursue policies that undermine prosperity and actually exacerbate inequality. I put together some examples back in 2015, and now it’s time to...

FEE - 2018-01-12 - Original post - cached version

Attorney General Jeff Sessions is actively lobbying Congress to overturn existing law prohibiting federal interference in state medical-marijuana policy. As someone who believes in strong constitutional limits on federal power and the rights of patients to choose, I am deeply disappointed. And...

FEE - 2018-01-11 - Original post - cached version

"Loneliness is a major social, educational, economic and health issue that will reach epidemic proportions by 2030," says Prof. Stephen Houghton, of the University of Western Australia. "At the moment there are no interventions. Where are they? I can't find any."

FEE - 2018-01-11 - Original post - cached version

Bitcoin’s value isn’t in its power to make transactions easily or its investment appeal. It is the power to make people think about money and the relations that happen around it and the necessity of it being controlled by the state or any other authority.

FEE - 2018-01-11 - Original post - cached version

Without net neutrality, regulations that prevent internet service providers (ISPs) from charging more for priority speeds and higher bandwidth-use sites would disappear. Most Americans are pretty confused by the revised rules but highly skeptical that this action could have any benefits. Many...

FEE - 2018-01-11 - Original post - cached version

In the old framework, patients needing some form of emergency medical transport had few choices besides an ambulance. Shifting some less urgent cases away from traditional ambulance services could free up those resources for the most serious cases and reduce response times. Ride-hailing...

FEE - 2018-01-11 - Original post - cached version

Havlíček, because of his liberal ideas and courageous fight for freedom, was accused of violating the press law. He was freed by the local court but the story did not end there. One month later he was arrested by police — without any charge or trial — and deported. For his ideas, which he...

FEE - 2018-01-11 - Original post - cached version

As we overcome obstacles and slay our proverbial dragons, we correct our failures in a very real sense by innovating our own lives. The tasks that once seemed hard or unbearable get easier and we learn to push through the moments of rejection and failure. But each time we do, we get stronger and...

FEE - 2018-01-10 - Original post - cached version

Despite its passage some time ago, recent attention has been brought to the impending implementation of a Washington, D.C., regulation that will require all professional childcare workers to have a college degree. This has raised a great hue and cry as it will ban a number of existing childcare...

FEE - 2018-01-10 - Original post - cached version

Baron Montesquieu’s ideas were particularly important for shaping America's understanding of liberty, property, voluntary arrangements, and the role of government. So I thought I would write a super-condensed version of some of Montesquieu’s key ideas, not as a substitute for reading his work,...

FEE - 2018-01-10 - Original post - cached version

The presidential mandate is based on the lofty claims that a majority of voters prefer the winner’s policies and that because the people prefer the president’s policies, the president’s policies should triumph if Congress and the president disagree. These claims presume a unique power that...

FEE - 2018-01-10 - Original post - cached version

With no property rights established, we find that next to no other rights can be reasonably protected. There is no enforcement of the right to life if someone decides he wants what you have. There is no free speech, no right to assemble, no worship if your exercise upsets a person who has no...

FEE - 2018-01-10 - Original post - cached version

In the former Yugoslavia, governments have created four supposedly different languages out of one single language. The people of Serbia, Croatia, Bosnia, and Montenegro all speak the same language, the Serbo-Croatian language, yet their respective governments claim that they speak Serbian,...

FEE - 2018-01-10 - Original post - cached version

History is replete with entrepreneurs and inventors who have pushed the envelope of innovation to the very edge of human imagination and beyond. But new ways of doing things have a natural tendency to obfuscate the old ways, and there are always individuals who benefit from the status quo and...

FEE - 2018-01-09 - Original post - cached version

Leading up to the election in 2016, Lin Manuel Miranda’s musical, showcasing his flair for the sappy-hip-hop-dramatic, was selling for over $1300 a seat. The people climbing over each other to get their hands on these hot tickets were almost unanimously wealthy people from coastal urban centers...

FEE - 2018-01-09 - Original post - cached version

While each of us has the right to decide who to let enter the property we own, none of us has the right to dictate the same to others. If I wish to allow a Mexican citizen to live in my house and work in my garden, what business is it of yours to stop me? And if you want to house and employ a...

FEE - 2018-01-09 - Original post - cached version

If the United States is going to continue to see its economy grow and the living standards of its citizens improve, it is important that students are taught the basics of the economic system that has allowed them to experience Adam Smith’s “universal opulence.” Without this basic knowledge, they...

FEE - 2018-01-09 - Original post - cached version

Yesterday, federal judge Gloria Navarro dismissed all charges against the Bundys, ending their long courtroom clash with the FBI, BLM, and Justice Department. Navarro found “outrageous” government misconduct and that “A universal sense of justice has been violated.”

FEE - 2018-01-09 - Original post - cached version

Over the festive season, the conversation in my household inevitably turned to the phenomenal rise – and fall – in the US dollar price for Bitcoin during December. The roller-coaster ride of the blockchain-based currency has been front-page news for the mainstream media, where it has been both ...

FEE - 2018-01-08 - Original post - cached version

We talk a lot these days about how young people are infantilized and live in a type of Neverland until they are well into their late twenties and early thirties. Would we see students act like knowledgeable, well-rounded adults far sooner if we gave them more responsibility at...

FEE - 2018-01-08 - Original post - cached version

In the fight for the ideas of individual liberty and limited government, we often, and rightfully, argue about legislation. But while we go back and forth on the initiation or the repeal of laws and the regulations that surround them, we tend to forget to think about their enforcement. You could...

FEE - 2018-01-08 - Original post - cached version

In the fight for the ideas of individual liberty and limited government, we often, and rightfully, argue about legislation. But while we go back and forth on the initiation or the repeal of laws and the regulations that surround them, we tend to forget to think about their enforcement. You could...

FEE - 2018-01-08 - Original post - cached version

An increase in the minimum wage doesn't magically make low-wage workers more productive, so we predict that employers will reduce other components of the compensation package: reduce paid breaks, reduce their contribution to benefits such as health and dental insurance, and reduce other...

FEE - 2018-01-08 - Original post - cached version

Towards the end of the book, Hayek deals with the undeniable authoritarians of his time and casts the national-socialist movement as one built on disgust with liberalism. Born in Vienna and educated at the University of Vienna, he draws on an intimate education in the German socialist tradition...

FEE - 2018-01-08 - Original post - cached version

Not only are people committing crimes because of hunger, children are being recruited into gangs because that is the way to eat.

 

FEE - 2018-01-08 - Original post - cached version

The vast majority of officers seem to be using a great deal of restraint, especially when there are so many systemic forces encouraging them to pull the trigger and ask questions later. Raeford Davis, former police officer and outspoken critic of modern law enforcement, says, “It is not because...

FEE - 2018-01-08 - Original post - cached version

Here are two statements that seem in conflict:

1) I don’t like marijuana.

2) I want marijuana legalized.

There’s actually no conflict because we can decide that some things are distasteful without wanting to infringe on the freedom of others to partake nonetheless. 

FEE - 2018-01-08 - Original post - cached version

Free market economics hasn’t been faring well lately, or so it might seem. A 2016 Harvard poll purported to show that young Americans reject free market capitalism. Senator Bernie Sanders almost won the 2016 Democratic party nomination. Are these signs that government planning and economic...

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