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The Lighthouse®

The Lighthouse® is the weekly email newsletter of the Independent Institute.
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Volume 21, Issue 12: March 26, 2019

By Ronald L. Trowbridge (The Hill, 3/20/19)
If the Supreme Court stands with legal precedent, it will unanimously side in favor of President Trump’s emergency declaration on funding a border wall. But given that members of the Court often make political rather than legal decisions, a 5-4 decision upholding the declaration is the likely outcome. READ MORE »

By Richard K. Vedder (Forbes, 3/11/19)
American higher education is suffering from a triple crisis: colleges are too costly, too little real learning occurs, and college graduates leave school unprepared to meet the needs of employers. These and other problems add up to a major breach of trust that can be remedied only with major reforms that foster better information, smarter incentives, and genuine innovation. READ MORE »

By John C. Goodman (Forbes, 3/6/19)
The Democrats’ new version of “Medicare for All” is nothing like Medicare as seniors currently know it. If enacted, it would heavily favor serving healthy people at the expense of the sick, create rationing by waiting, foster scandalous queue-jumping, and close off alternatives to bureaucratic interference between the doctor-patient relationship. READ MORE »

By Adam B. Summers (The Orange County Register, 3/16/19)
Greater government control of California’s troubled investor-owned utility companies would only exacerbate the root cause of their biggest failures: their government-protected monopoly status. Political decision-making leads to waste, special-interest payoffs, and indulgence of the ideological whims of those in power. READ MORE »

By Raymond J. March (The Beacon, 3/14/19)
The U.S. Food and Drug Administration proposes a variety of new heavy-handed regulations for over-the-counter sunscreen. In its efforts to strike the “right balance” between sunscreen quality, safety, and efficacy, the agency is likely to throw the market wildly out of balance, costing sunscreen producers more than $3.5 billion and pushing up prices for consumers. READ MORE »

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