The Power of Independent Thinking

Stay Connected
Get the latest updates straight to your inbox.

The Main Blog of Independent Institute

Friday November 17, 2017 | Mary Theroux

On this National Women’s Entrepreneurship Day, I hereby declare a counter-movement: one rooted in women who hold themselves in such a manner that any mere man would cower at the thought of treating her as a sexual object. No, I am not blaming the victims of the numerous accounts now coming to light. Yes,...
Read More »

Knowledge Better Left Unknown
Monday November 13, 2017 | Robert Higgs

They say that a little knowledge is a dangerous thing. About certain things, however, any knowledge at all is dangerous and potentially fatal. One such piece of purported knowledge pertains to the size distribution of income and wealth. This knowledge serves no good purpose; it is wholly unnecessary for defensible government policy or action....
Read More »

A Poor Politician
Tuesday November 7, 2017 | Robert Higgs

“Un político pobre es un pobre político” is a well-known Mexican aphorism attributed to Carlos Hank González. My translation: “A politician who is poor is a poor politician.” Bill and Hillary Clinton certainly took that maxim to heart, as have nearly all other politicians who ever got their filthy mitts into the Treasury and...
Read More »

Review: Marshall Spotlights Neglected Part of Civil Rights History
Friday November 3, 2017 | Sam Staley

Marshall, the biopic of the illustrious and path-breaking civil rights attorney Thurgood Marshall, is an important reminder about just how deep-seated racism and prejudice were in American society (and some say still are). Well acted and evenly paced, the film is a worthy addition to a growing list of good films depicting layered aspects...
Read More »

Why Subsidize the U.S. Department of Education When We Could be Funding ESAs Ourselves?
Friday November 3, 2017 | Vicki Alger

Last month marked the 38th anniversary of the establishment of the U.S. Department of Education. Proponents insisted that elevating the Office of Education to a Cabinet-level department would improve federal education spending efficiency as well as student achievement. Opponents countered that there is scant (if any) evidence that increasing federal control over education would...
Read More »

The Boon of Growing U.S. Imports from Mexico
Monday October 30, 2017 | Robert Higgs

Since NAFTA went into effect in 1994, U.S. imports of goods from Mexico have grown from about $4 billion per year to about $28 billion (annual rate as of March 2017). Americans have also purchased a lot more services, not counted in this measure, from Mexicans during the past two decades (e.g., tourist services...
Read More »

The JFK Files
Friday October 27, 2017 | Randall Holcombe

I’ve heard it said that “you never forget where you were when you heard that President Kennedy was shot.” I remember, but most American’s don’t because Kennedy’s assassination was 54 years ago and most Americans weren’t alive then. Like many Americans, I am convinced that Lee Harvey Oswald, the person who shot President Kennedy,...
Read More »

» More from The Beacon ...

A Project of Independent Institute

Venezuela Defaults on Its National Debt
Thursday November 16, 2017 | Craig Eyermann

Two days ago, the news recently broke that the nation of Venezuela officially defaulted on its debt. Writing at Forbes, Frances Coppola reports on the straw that broke the camel’s back for what had been one of the richest nations in South America. Venezuela has defaulted on two of its US dollar-denominated sovereign bond...
Read More »

U.S. Postal Service Extends Losing Streak to Eleven Years
Wednesday November 15, 2017 | K. Lloyd Billingsley

The United States Postal Service is reporting losses of $2.7 billion for the past fiscal year, USA Today reports, less than the $5.6 billion from the previous year but still the eleventh straight year the USPS has been a loser for taxpayers. Increases in package delivery failed to offset the drop in regular mail,...
Read More »

Government Abuse Not Always Sexy
Tuesday November 14, 2017 | K. Lloyd Billingsley

California government in general, and the state Board of Equalization in particular, are hives of nepotism. That ought not to be the case, particularly in a state with a voter-approved law, Proposition 209, against preferences in state employment, education and contracting. Nobody does anything about favoritism and lately lawmakers have been taking it to...
Read More »

President Trump’s Tax Cuts and the National Debt
Monday November 13, 2017 | Craig Eyermann

Last week, the Congressional Budget Office issued its first estimate of how the U.S. national debt would change over the next 10 years as a result of the tax cut legislation now making its way through Congress. That estimate came in the form of a November 8, 2017 letter from CBO Director Keith Hall...
Read More »

How Medicare Could Save $3.4 Billion a Year
Friday November 10, 2017 | Craig Eyermann

It’s no surprise that the U.S. federal government does lots of stupid things. Sometimes, those things are meant to save money but, surprise surprise, those things really do the opposite and drive up costs instead. A good example of this unintended effect can be found in Medicare’s Direct and Indirect Remuneration (DIR) fees on...
Read More »

Covered California Still Spreading Misery
Tuesday November 7, 2017 | K. Lloyd Billingsley

During the heyday of the Affordable Care Act, also known as Obamacare, Emily Bazar of the Center for Health Reporting kept track of how Covered California, the ACA’s wholly owned subsidiary, actually performed. As she noted, Covered California wasted millions on promotion, handed out lucrative deals to cronies, and its $454 million computer system...
Read More »

No-Bid Contracts Driving Up Government Waste
Monday November 6, 2017 | Craig Eyermann

If someone wanted to stop the U.S. government from wasting so much money, a very good place to begin would be to end the power that bureaucrats have to award multi-million dollar contracts without seeking any form of competition among the businesses they will rely upon to deliver results for U.S. taxpayers. Writing in...
Read More »

» More from MyGovCost ...