When the most liberal state in the United States becomes too liberal even for a liberal… that is pretty darn liberal. Elon Musk is probably America’s most popular entrepreneur these days. The founder of PayPal, Tesla, SpaceX and the new Boring company (that drills tunnels, not that makes people bored silly), speaks here about his […]
Greece’s main free-market think tank, the Center for Liberal Studies, published its annual Tax Freedom Day study last week. Besides extending Tax Freedom Day by 15 days relative to last year, the study also projects that Greece will end up with the third-highest Tax Freedom Day in the EU, after France and Belgium. The public is not happy with this continuance of their recent tax situation, and they're proving it at the polls.
More than 700 people from at least 19 countries converged at the Omni Hotel in Atlanta’s CNN Center last weekend for the largest and most ambitious event of FEE’s history. We are still buzzing here in the FEE office from the excitement and energy generated at the first-ever FEEcon. But FEEcon is not a one-off event. It’s a bridge to the future!
Mark these dates for next year: June 7-9, 2018.
No one loves the TSA. At all. It’s totally inefficient, very badly managed, and would be much better if it was privatized. It is the worst part of traveling, even more so than flying with a crying baby and a snoring man (which was my last flight). But this is the way it is right now, and it doesn’t look like it’ll change soon. So, without giving up the fight to make big strides to improve the TSA, perhaps we should also look at the little ways some airports are taking entrepreneurship as far as they can on their own.
When people think of Peru, they imagine archeological sites like Machu Picchu and delicious food, but few outsiders know that in Lima, the nation’s capital, is the largest film library in Latin America. The collection is housed inside a truly unlikely place: a shopping center. But not just any shopping center. Polvos Azules, a 30-year-old market, started when immigrants from rural regions of the country came to Lima and became street sellers in order to survive.
There are many trading platforms that people can use to purchase and sell bitcoin, but sometimes people don’t want to go through the hassle of registering with an exchange. On the other hand, some individuals also don’t want to use Localbitcoins as they may dislike the process of dealing with peer-to-peer traders. Many people don’t know that there are other types of methods individuals can use to purchase and sell bitcoin, and some of them may be at your local convenience store.
You guys, it’s finally happening. Twin Peaks, the cult TV murder mystery from the ‘90s, is coming back to finish what was started 25 years ago. The original show had a cultural impact far exceeding its meager two seasons worth of content and changed the feel of television forever; hopefully its revival will do as much for House of Cards as its preceding episodes.
It is vain to advocate a bureaucratic reform through the appointment of businessmen as heads of various departments. The quality of being an entrepreneur is not inherent in the personality of the entrepreneur; it is inherent in the position which he occupies in the framework of market society. A former entrepreneur who is given charge of a government bureau is in this capacity no longer a businessman but a bureaucrat.
Economist Mariana Mazzucato recently tweeted a complaint about the inefficiency of the Home Office. We've all come to expect government inefficiency, but the funny part is that she thinks government is responsible for innovation. Yes, that's right, the same government that took four months to notice a typo on her visa application, she argues, is the one which made the iPhone possible. Let's take a look at government's contribution to innovation.
By now, everyone is familiar with Pixar Animation Studios. Their endless streak of #1, globally popular films have provided audiences with highly creative entertainment for over 20 years.
