California's 2014 ban on “single-use” plastic bags was supposed to lead to less waste of plastic, which hasn't happened. Now environmentalists are demanding the state ban the same plastic bags mandated by the original legislation. One intervention begets another and another.
Politicians and hedge funds that push “Environmental, Social, and Governance” (ESG) scores and investing do so with the notion of improving social welfare. What they fail to realize is that these concerns are accounted for in human action already.
Socialist regimes tend to follow the same playbook: promise much, deliver little, and, in the end, blame capitalism. Venezuela is the latest socialist entity to enter the Failed State Hall of Fame.
While the world is abuzz over artificial intelligence (AI), present technologies are limited more than most people want to believe. The situation is ripe for malinvestments.
As AI continues to develop, so does the hysteria that AI will soon take over and relegate us to a dystopian future. We need to realize that, like so many other tools, AI can have good and bad uses, but it cannot control itself.
Despite opposition from government at every turn, homeschooling has developed into an industry with astounding resources and high-quality results. Contrast the individual educational tailoring of homeschooling versus the government's version of individual care: the IEP label.
The flurry of post-Watergate “reforms” supposedly were passed to counteract government abuse of citizens. Not surprisingly, the FISA program, which was aimed at reducing internal government spying became the means of massive growth of the surveillance state.
Even though homeschooling is growing in this country and the educational results are overwhelmingly positive, US progressive journalists naturally believe homeschooling is dangerous and in need of “oversight.”
Despite all the money spent on US healthcare, an astounding number of Americans suffer from chronic illnesses. Yet the political establishment has shown no interest in even discussing the issue. It's important to understand why.
Progressive and even many mainstream economists believe that cash is a relic from the past and should be replaced with digital money. There are many good reasons why not to follow this course, and no good reasons to replace cash.
