Like bad money driving out good money, government intervention can also create Gresham’s law conditions for entrepreneurs. Using the political process, bad entrepreneurs can get government to regulate entrepreneurial competition out of business.
As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool that can be used for good or ill.
The expansion of "civil rights" places emphasis upon "positive rights" that apply to specific groups with political privilege. This is a far cry from the concept of rights that helped build a free society in the United States.
The tainted blood scandal in the UK should be a warning to people about the dangers of the National Health Service. Instead, we hear endless promises of reform that never will happen.
In order to vastly expand the regulatory state, the Biden administration is using fake cost-benefit ratios to make its regulations seem less costly and more beneficial. This is clearly fraudulent, but no bureaucrat will be charged with any crimes.
Long before government mandates and pressure infected businesses and universities with the DEI virus, Ludwig von Mises explained how bureaucracies infect the decision-making process.
The abolition of chattel slavery was a great advancement for human liberty. But many of those celebrating Juneteenth today still accept the core assumptions that underlie slavery.
The Tennessee Board of Regents for higher education is finding that their DEI efforts are not successful, and the Tennessee legislature has become skeptical. It might be better to scrap the DEI collectivist “solutions” altogether.
As AI continues to develop, the prophets of doom claim that it will “take over” and create a dystopian society. Far from being an “existential threat,” AI is a tool that can be used for good or ill.
Even though our legal authorities treat smugglers as criminals, smugglers actually are promoters of liberty who usually break unjust laws. The US was practically founded on smuggling.
