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The Lighthouse®

The Lighthouse® is the weekly email newsletter of the Independent Institute.
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Volume 25, Issue 44: November 1, 2022

John C. Goodman ( Forbes)
A recent study concludes that “the U.S. redistributes a greater share of national income to low-income groups than any European country.” That means the U.S. welfare state is actually larger than the European welfare states. Can Bernie Sanders please retire now? READ MORE »



Richard K. Vedder (The James G. Martin Center for Academic Renewal)
At America’s universities, the number of administrators is larger than the number of faculty. That means students, through bloated government loans, finance an army of apparatchiks who neither teach those students nor expand the frontiers of knowledge. Time perhaps for some lay-offs? READ MORE »



Burton A. Abrams and James L. Butkiewicz (Washington Examiner)
Politicized and morphing into a fourth branch of government, the Fed badly needs reform. First steps: limit the Fed to its dual mandate (price stability and high employment), require 60% support in the Senate for confirmation—and (novel idea) only confirm experts in monetary economics. READ MORE »



David Barker
Fed officials claim that global warming will cut economic growth worldwide by a third. Actually, if we do nothing about the weather, the world in 2100 will be nearly five times richer than it is today. READ MORE »





  • Catalyst
  • MyGovCost.org
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  • OnPower.org
  • elindependent.org