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7 Reasons to Oppose Red Flag Guns Laws

by Jon Miltimore

The AP reports Congress is seriously considering red flag gun legislation. The problem is there is little evidence that red flag laws⁠ work, though they pose clear ethical and constitutional concerns to civil libertarians.

HERE ARE SEVEN REASONS RED FLAG LAWS SHOULD BE OPPOSED, PARTICULARLY AT THE FEDERAL LEVEL.
 
A Tale of Two Bubbles: How the Fed Crashed the Tech and the Housing Markets

by Luka Nikolic

The tech bubble in 2001 and the housing bubble of 2008 are more closely tied together than many realize, which becomes evident through analysis of the monetary policies of that period.

CENTRAL BANKERS APPEAR TO HAVE LEARNED LITTLE FROM RECENT HISTORY.
 
8 Revealing Numbers from the Social Security 2100 Act

by Charles Blahous

The Social Security 2100 Act would increase payroll taxes for high-income individuals (e.g., those earning $266,000 today) to roughly 2.4 times what they would be under current law.

THE RAMIFICATIONS OF THE SOCIAL SECURITY 2100 ACT WOULD BE SUBSTANTIAL AND LAWMAKERS SHOULD BE WELL AWARE OF THEM BEFORE DECIDING ON THEIR VOTES.
 
Why Keynes Believed Efforts to Fight Income Inequality Hinder Economic Growth

by John Phelan

Keynes never deviated from his belief that long-run growth is driven in large part by capital accumulation. And income inequality is a key driver of capital accumulation.

KEYNES MIGHT NOT ACTUALLY HAVE SAID, “WHEN EVENTS CHANGE, I CHANGE MY MIND,” BUT THE FLEXIBILITY OF HIS BELIEFS WAS LEGENDARY.
 
There Is No Government Shortcut for Entrepreneurial Success

by Brooke Medina, Doug McCullough

Elizabeth Warren's policy prescription is merely the latest in a long line of government attempts to interfere with America’s entrepreneurial ecosystem, a system that has thrived, in large part, because of limited government interference.

ELIZABETH WARREN’S BELIEF THAT GOVERNMENT IS CAPABLE OF “LEVELING THE PLAYING FIELD” DOES A DISSERVICE TO THE UNIQUE ENTREPRENEURIAL ECOSYSTEM THAT FREE ENTERPRISE FACILITATES.
 
Meet the Only Woman to Win the Nobel Prize in Economics

by Art Carden

She was a scholar who looked out the window, to adapt a phrase from her fellow Nobel laureate Ronald Coase, and she showed empirically and experimentally how institutions evolve to manage common-pool resources “without any regulation by central authorities or privatization.”

ELINOR OSTROM WAS THE VERY PICTURE OF A WELCOMING AND ENCOURAGING SCHOLAR WHO WAS AT THE SAME TIME SUPER-SERIOUS ABOUT THE IDEAS IN PLAY.
 
The Post Office Is on Pace for Its Worst Year since 2012 Default

by Jon Miltimore

The Post Office has racked up $5.9 billion in losses already this fiscal year. Since 2007, losses have totaled more than $70 billion.

THE UNITED STATES POSTAL SERVICE IS ON PACE TO LOSE NEARLY $8 BILLION IN 2019.
 
Student Frustration With the Flawed Textbook Market Is Justified

by Peyton Lofton

College textbook prices have risen by more than 1,000 percent since 1977. The reason? The textbook market is one with a captive consumer base propped up by university bureaucrats and administrators.

STUDENTS WILL NOT SEE LOWER TEXTBOOK PRICES WITHOUT NEW, INNOVATIVE ALTERNATIVES TO THE CONVENTIONAL TEXTBOOK MARKET.
 
NYC Has Lost 4,000 Jobs in the Restaurant Sector Alone in the Last Year

by Mark J. Perry

New York City could be the “canary in the coal mine” that predicts what happens when politicians engage in “political wage setting.”

THE RECENT NEWS REPORTS ON THE FALLOUT FROM NEW YORK CITY’S $15 MINIMUM WAGE ARE NOT ENCOURAGING.
 
Air-Conditioning Costs Fell by 97 Percent Since the 1950s

by Alexander C.R. Hammond, Gale Pooley

The declining cost of air-conditioning is a common trend across nearly all household appliances.

WITH ALL THE TALK OF RISING HEAT, WE SHOULD BE THANKFUL THAT FREE COMMERCE HAS PROVIDED US A SAFE RETREAT.
 
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