An evergreen story: "So, the Food and Drug Administration, tasked with proving the safety and efficacy of medication, was either bought off by the drug company or failed in their due diligence."
"The Windy City is using complex bonds to delay a financial reckoning and avoid cleaning up its fiscal mess."
A fine piece by Richard Ebeling. He makes the vital points but simply enough that a high schooler could appreciate them. Give the piece to a young person you know who's being taught some bad antitrust economics.
My eyes usually glaze over when I hear talk of "net neutrality," but this piece is short, to the point, and consistent with what I already believe: unless protected by the heavy hand of government, private sector businesses' power to impose things on customers that the customers don't want is quite limited.
Interesting, if true, point:
Missing from the arguments of Republicans’ critics is acknowledgment that we already have what is, by most measures, the most progressive national tax system in the world. Other advanced countries tend to rely more heavily on regressive sales (value-added) taxes, and many have less steeply graduated income taxes.
Nice explanation by Donald Boudreaux: "It's easy to say that Americans as a whole would be richer if Americans owned businesses that are currently foreign-owned, but that's based on faulty reasoning."
"In 2018 Illinois will have the nation’s most important, expensive, and strange election."
It's not settled yet of course, but it's a good start.
“The city knowingly violated several laws in imposing this tax,” said Brian T. Hodges, a senior attorney for the Pacific Legal Foundation, which represented several Seattle residents challenging the law. “This ruling is probably the worst scenario for the city and the best scenario for the opponents of the income tax.”
There’s a lot to like about this idea in theory, but it also has a lot of obvious potential negatives if it is not implemented correctly and, since implementing it correctly would impact so many special interests, it is almost certain that it would not be done right and therefore would fail horribly.
I don't know about you, but the answer almost surely would surprise most in the mass media and on the Left.