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Aside from the certain moral hazard presented by Federally underwritten anything, Tim Kern has delivered some powerful insight into the consequences of Nanny-Statism over at Mises.org today. And although his analysis is in response to FEMA’s fumbling of the Katrina/Rita relief efforts, the problems he describes can be ascribed to just about any sort [...]
Someone needs to introduce Amtrak to Arthur Laffer.
I think Kip Esq. may have previously touched on the subject of Amtrak, or some other regional rail-transit system and the gross amount of subsidies they absorb. They’re like subsidy sponges, really, and they keep sucking and sucking. Anyways, I’m in the process of planning my [...]
One question that often comes up is why the government seems to do such a lousy job protecting people? why it has been virtually hamstrung by special interest groups? I’ve had lengthy *drunken* discussions with my roommate, who is a law student, and one of the smarter people I know, and he, like many [...]
Breaking news: Dick [ed. note: I had mistakenly referred to VP as "John," obviously, I was so enraged that I couldn't think straight] Cheney shits fascist propaganda, proceeds to wipe his ass with constitution.
La Loi — Pervertie! Bastiat would’ve said, for those of you who don’t read French, that the law has [...]
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