The impossibility of any individual or small group conceiving of all the possibilities, let alone evaluating their merits, is the great argument against central governmental planning and against arrangements such as professional monopolies that limit the possibilities of experimentation.
December 6, 2019 Medicare and Medicaid Destroyed Healthcare
In a December 1 Washington Post article entitled “Yes, Americans are Feeling the Squeeze. It’s Coming from Health Care,” Post columnist Robert Samuelson points out, “In the early 1960s, before Medicare and Medicaid, which were enacted in 1965, health spending was about 2 percent of federal outlays. Now it is nearly one-third, at $1.3 trillion.” Samuelson goes on ...
Should There Be a Federal Cap on Interest Rates?
by Laurence M. Vance
Although every state has laws that limit the rate of interest that can be charged on loans, there exist broad exemptions, exceptions, and loopholes ...
The Libertarian Angle: Socialism in America, Part 3
by Jacob G. Hornberger and Richard M. Ebeling
A majority of millennials approve of socialism, and progressives are gaining more influence with every election. What ...
The Destruction of American Liberty
by Jacob G. Hornberger
The terrorist attacks on the World Trade Center and the Pentagon on September 11, 2001, were a watershed event for the United States, not ...
Habits of the Heart and Character of Mind
by Richard M. Ebeling
In American election cycles all of the possible candidates for government office of both major political parties assure those who may vote for them ...
Thanksgiving and the Birth of Free Enterprise
by Richard Ebeling
Once more it’s that time of the year when most Americans gather with family and friends to celebrate the Thanksgiving holiday. The turkey is ...
