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“The right of property…[is] the most powerful of all encouragements to the multiplication of wealth.” - early 19th century French political economist, Jean Baptiste Say
“There is getting to be so much public right, that private right is overshadowed and lost…danger exists that the ends of liberty will be forgotten.” -19th century American author, James Fenimore Cooper
Boston Restaurant Owner Says Minimum Wage Hikes Hastened Demise | Jarrett Stepman
Durgin-Park, a renowned Boston restaurant, has been around for a long time. It opened in 1827 when Massachusetts' own John Quincy Adams was president of the United States. Phil Klein of the Washington Examiner : "The restaurant, located in Boston's Faneuil Hall, was an institution and tourist attraction, serving New England staples such as chowder, shepherd's pie, prime rib, pot roast, and Boston cream pie.
4 Questions for Politicians Claiming Single-Payer Will Lower Health Care Costs | Jim Kelly
You've heard the US spends twice as much on health care as the rest of the developed world. Yet we're not twice as healthy. We're mentally ill for sure because we keep rejecting a "single-payer" system like sensible countries have. Don't you know, Citizen, that Medicare for All would drive huge efficiencies and slash costs?
South Korea's Plan to Raise Taxes to Spur Economic Growth Is Backfiring Badly | Daniel J. Mitchell
When I give speeches on the importance of public policy, I frequently share data showing that pro-market nations are relatively prosperous when compared to countries with statist policies. One of the most dramatic examples is South Korean prosperity versus North Korean deprivation. It's not that South Korea is perfect.
Why Steve Jobs, not Bill Gates, Was the True Education Visionary | Kerry McDonald
When it comes to education reform, there are generally two camps: those who want to improve the existing mass compulsory schooling system through tweaking and tuning and those who want to build something entirely new and different.
The Video Game That Proves Central Planning Can't Work | Ong Jia Yi Justin
In Tropico 5, you are El Presidente-the leader of a Caribbean island that is a semi-democratic banana republic. Your primary objective is to preserve your rule by micromanaging your country's economy to appease your citizens, the Tropicans. If they are dissatisfied with your rule, they can vote you out in the next elections or stage a coup d'état, costing you the game.
Universities Face Increased Pressure from Job Programs That Generate Results, Not Just Debt | Zak Slayback
Lambda School, a Y Combinator company that trains students in software engineering in exchange for a slice of their income for a few years, recently raised $30 million from investors in a Series B round. The core differentiator between Lambda School and its competitors is that Lambda operates under the Income Share Agreement (ISA) model.
Individualism: a social theory favoring freedom of action for individuals over collective or state control
- California spends about $98.5 billion annually on welfare--the most in the US—but has the highest poverty rate in America.
- California has the highest income tax rate in the US, at 13.3 percent, but the fourth greatest income inequality of the 50 states.
- California has one of the most regulated housing markets in America, yet it has the highest homeless population in American and ranks 49th (per capita) in housing supply.
