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FEE - 2018-09-21 - Original post - cached version

We analyzed city-level data from states across the US and found that medical marijuana laws have little effect on violent or property crime in nearly all medical marijuana states. In the case of California, the crime rates actually show a substantial decrease of around 20 percent.

FEE - 2018-09-21 - Original post - cached version

A couple of weeks ago, Bernie Sanders introduced a new tax bill before the Senate. The bill is designed to alleviate the economic hardships faced by many near the bottom of the income distribution while also relieving some of the stress put on the federal welfare system. The problem is that...

FEE - 2018-09-21 - Original post - cached version

A couple of weeks ago, Bernie Sanders introduced a new tax bill before the Senate. The bill is designed to alleviate the economic hardships faced by many near the bottom of the income distribution while also relieving some of the stress put on the federal welfare system. The problem is that...

FEE - 2018-09-21 - Original post - cached version

Free markets worked well; government intervention usually failed.

Why is it, then, that for so many years, most historians have been teaching the opposite lesson? They have made no distinction between political entrepreneurs, who tried to succeed through federal aid, and market...

FEE - 2018-09-20 - Original post - cached version

For most of American history, the Farewell Address was required reading in grade schools across the nation and was continually invoked in the public discourse. 

Yet, in recent decades, the address has faded into obscurity. That’s a shame, as it is a treasure trove of wisdom from the man...

FEE - 2018-09-20 - Original post - cached version

Motorists should be skeptical of gas tax increases until policymakers stop diverting funds to unrelated government programs.

FEE - 2018-09-20 - Original post - cached version

As part of a generously endowed university, the administration and employees were among the first to stock up on additional supplies. My peers and I could walk into a fully stocked lobby shop and have our selection of snacks just hours before the storm.

Outside of our bubble, however,...

FEE - 2018-09-20 - Original post - cached version

Practically speaking, the process of proselytizing and mobilizing a population, consolidating power, and converting an economy to central planning—to say nothing of running it—starts and ends with a small, elite corps of ruling intellectuals. That over time they accord to themselves the...

FEE - 2018-09-20 - Original post - cached version

With two weeks to go before the end of the fiscal year, the House and Senate passed three appropriations bills last Thursday—ahead of the deadline for the first time in a decade. That $150 billion spending package provides funding for Energy and Water, the Legislative Branch, Military...

FEE - 2018-09-19 - Original post - cached version

California officials failed to convince a judge that a ban on handgun advertisements at gun shops effectively reduced the risk of “handgun suicide and handgun crime.”

FEE - 2018-09-19 - Original post - cached version

The public pension crisis plaguing multiple states could have dire consequences, so why isn't more being done to fix it?

FEE - 2018-09-19 - Original post - cached version

California officials failed to convince a judge that a ban on handgun advertisements at gun shops effectively reduced the risk of “handgun suicide and handgun crime.”

FEE - 2018-09-19 - Original post - cached version

“People want to live in a world where love motivates people to help others. And love does that. But there’s not enough love to go around. Love for strangers is not going to motivate enough people to get in their trucks, load them up with generators, and take them down to people who are cold and...

FEE - 2018-09-19 - Original post - cached version

Venezuela’s government ignored the most basic law of economics in raising the minimum wage: the law of supply and demand. But laws don’t go away just because you ignore them.

FEE - 2018-09-19 - Original post - cached version

When it comes to decisions about health, what’s best for us as individuals might not always be the best thing for the wider population, and vice versa. This can make it difficult for authorities to make decisions to protect the whole population. But there’s a way we can make sense of such a...

FEE - 2018-09-19 - Original post - cached version

California is on the verge of going down the slippery slope of placing authoritarian restrictions on speech. Whether Governor Brown signs the bill or not, a mindset—inimical to a free society—is on full display for the rest of America to see and, hopefully, reject.

FEE - 2018-09-18 - Original post - cached version

Before people see more of their rights infringed or are otherwise harmed by unintended consequences, it would do us all a great deal of good to be more accurate and precise in our terminology. It would also help if lawmakers learned more about the matters on which they create policy.

FEE - 2018-09-18 - Original post - cached version

The state is, without a doubt, a destructive and formidable beast that exists at the expense of the individuals it claims to serve. It can be easy for liberty lovers to get caught up in anger and resentment for an unstoppable foe. But, if we are not careful, our loathing will consume us to a...

FEE - 2018-09-18 - Original post - cached version

A new report from the Census Bureau shows that all income quintiles tend to rise and fall together, contradicting the popular belief that policies that help the rich necessarily hurt the poor.

FEE - 2018-09-18 - Original post - cached version

A new report from the Census Bureau shows that all income quintiles tend to rise and fall together, contradicting the popular belief that policies that help the rich necessarily hurt the poor.

FEE - 2018-09-18 - Original post - cached version

Congress must reinstate their constitutional authority and hold executive branch agencies accountable. As such, members of Congress should work to rein in excessive government bureaucracy.

FEE - 2018-09-18 - Original post - cached version

As Milton Friedman insisted, the most efficient corporate governance method we’ve got is one in which shareholders' interests predominate.

FEE - 2018-09-18 - Original post - cached version

According to the so-called gender equality paradox, countries with the highest levels of gender equality tend to have the lowest ratios of women to men in STEM education. Why might this be?

FEE - 2018-09-17 - Original post - cached version

Speaking before the National Asian Pacific American Bar Association at the George Washington University Law School, Justice Ruth Bader Ginsburg called the Kavanaugh hearings a "highly partisan show."

FEE - 2018-09-17 - Original post - cached version

The Constitution has constrained government from excessive interference with our economic freedom. As a result, entrepreneurs, inventors, innovators, and industrious Americans have created an abundance of goods—from washers and dryers, air conditioners and automobiles, to personal computers, jet...

FEE - 2018-09-17 - Original post - cached version

In learning to reimagine something as seemingly simple as garbage collection and city sanitation, we can more fully honor the contributions of others, making that civilizational fabric all the more strong and sturdy.

FEE - 2018-09-17 - Original post - cached version

Trump hasn’t been in office nearly long enough for his policies to alter the earth’s greenhouse gas levels. In fact, his plan to repeal Obama’s “landmark“ climate change regulation has not yet been implemented.

FEE - 2018-09-17 - Original post - cached version

Not all moments in time are ripe for founding a nation. Nor is every citizenry equally prepared to receive new modes and orders. The Founders’ time and generation presented just such an opportunity. Our time would not.

FEE - 2018-09-17 - Original post - cached version

Prosperity requires entrepreneurship and innovation, but bad tax policy can be an obstacle to the economic choices that create a better future.

FEE - 2018-09-17 - Original post - cached version

Governments are not especially skilled at thinking outside the box. It is quite remarkable then, that so many turn to the government to innovate and fix health care when it has already abundantly proven incapable of doing anything except making it worse. Luckily, those who work in the health...

FEE - 2018-09-16 - Original post - cached version

As with child labor and working hours, government regulations tend to affirm that which is already happening in the labor marketplace

FEE - 2018-09-16 - Original post - cached version

The bottom line is that Trump simply doesn’t understand trade. He thinks a trade deficit is bad when it’s really just the flip side of a capital surplus.

FEE - 2018-09-16 - Original post - cached version

May 2018 marked the 200th anniversary of the birth of Karl Marx, the most destructively influential writer on economics in world history.

FEE - 2018-09-15 - Original post - cached version

Though the 2008 financial crisis remains fresh in many people's minds, the world experienced several economic downturns throughout the 20th century, some of which had long-lasting effects on the affected countries

FEE - 2018-09-15 - Original post - cached version

Beneficiaries of tariffs can increase their prices without improving their products or losing out to cheaper competitors. 

FEE - 2018-09-15 - Original post - cached version

The methods they advocate for achieving their ends are such that they forfeit any claim to benevolence. Socialists do not “mean well.”

FEE - 2018-09-14 - Original post - cached version

Right after Chairman Grassley set a Judiciary Committee vote on Brett Kavanaugh, I read that Democrats were expected to try to delay it until as late as September 27. That was consistent with Democrats’ “leave no stall untried” approach at his hearings and the subsequent Feinstein-FBI finesse....

FEE - 2018-09-14 - Original post - cached version

The result of the government’s expansion into the subprime mortgage market was that by the time of the financial crisis, more than half of all mortgages in the United States were subprime or otherwise low-quality mortgages.

FEE - 2018-09-14 - Original post - cached version

Security officials told a student that handing out her handwritten valentines constituted “soliciting” on campus beyond a designated free speech zone, as well as potentially offending others with valentines that quoted Bible verses.

FEE - 2018-09-14 - Original post - cached version

To show that this intuition is false, economists recite the theory of comparative advantage. Unfortunately, trying to explain what has been called the most counterintuitive idea in social science is not a winning debate strategy.

So here’s a different strategy: tell the story of the cocoa...

FEE - 2018-09-14 - Original post - cached version

At the end of the day, the regime can rely on force. And Venezuela’s politicians cleverly have put the army in charge of graft and shakedowns, thus earning at least temporary loyalty. 

Moreover, it’s difficult for people to revolt since the regime has followed the totalitarian playbook...

FEE - 2018-09-14 - Original post - cached version

As you can imagine, I was pleasantly surprised by the level of support for alleged “price gouging” even as a hurricane was bearing down on us. In fact, there was so much pushback on the anti-price gouging post that the author deleted it. So, I am happy to report from North Carolina that there is...

FEE - 2018-09-14 - Original post - cached version

By three different measures—income shares of the top 5% and 20% and the Gini coefficient—there is no evidence of a significant rise in income inequality over the last 25 years; all three measures have been remarkably flat for more than two decades.

FEE - 2018-09-13 - Original post - cached version

The American higher education system splashes out nearly $27,000 per student on core and auxiliary educational services, but the United States could take steps to promote competition and greater efficiency in the higher education sector, harnessing the power of market discipline to bring tuition...

FEE - 2018-09-13 - Original post - cached version

Without a bold strategy for increasing the supply of kidneys for transplant, thousands will continue to suffer while Medicare’s budget balloons. Fortunately, unlike many problems we face, we know how to solve the kidney shortage and save taxpayer money in the process.

To do so, we should...

FEE - 2018-09-13 - Original post - cached version

201 years ago, Domingos José Martins was shot in Recife, the capital of Pernambuco, a Northeastern state in Brazil. His last words, interrupted by his executioners, were “I die for liber...”

FEE - 2018-09-13 - Original post - cached version

Large multi-national corporations like Apple, although many are headquartered in the USA, operate in global marketplaces for inputs, parts, production, and sales and have to operate with a global mindset to be competitive and remain in business. To force those global companies like Apple to...

FEE - 2018-09-13 - Original post - cached version

Slack, a “unicorn” startup, is taking matters into their own hands by launching a new program to help make it easier for former convicts to pursue fruitful careers.

FEE - 2018-09-13 - Original post - cached version

This is the sort of bill only someone with virtually no understanding of economics would concoct. Sanders claims that thousands of Amazon workers rely on welfare to survive. Amazon counters that Sanders exaggerates by including part-time and temporary workers in his calculations. This dickering...

FEE - 2018-09-12 - Original post - cached version

Today (September 12th) is H.L. Mencken’s birthday. The “Sage of Baltimore” was born in 1880 and is regarded by many as one of the most influential American journalists, essayists, and writers of the early 20th century. To recognize the great political writer on his birthday, here are 12 of my...

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