San Francisco politicians have made it so difficult to build new housing that a black market for apartments has emerged.
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World News
Trump’s recent actions recall earlier episodes of US industrial policy, such as wartime production controls and financial crisis interventions, when governments assumed temporary stakes or direct control over private enterprise.
In 1806 Napoleon issued the Berlin Decree, laying out his Continental System he hoped would starve Great Britain into submission through blockades and anti-trade policies. In the end, smuggling and outright avoidance of the law brought down his system and his empire.
Few presidents—if any—in our lifetimes have done as much damage as George W. Bush did in his eight years in office. Unfortunately, a number of pundits are trying to rehabilitate his disaster of a presidency to contrast him to President Trump.
The popular game, Rock-Paper-Scissors, operates according to a firm set of rules. However, when government sets the rules or refuses to properly enforce rules, then so-called limited government simply turns into a government power play.
The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism.
American Indian reservations have some of the worst poverty rates in the nation, which increases calls for even more federal government intervention. However, it is the intervention itself that is creating the poverty in the first place.
Gerrymandering is a symptom of the failure of representative democracy. Political minorities are surrounded by others who overwhelm their votes and elect politicians who do not represent anyone but themselves.
The federal government taking an ownership stake in Intel is neither a promising new approach to governance nor an unprecedented leap into economic fascism. It’s simply Trump embracing the corrupt status quo he ran against with a superficial rebrand.
Fed Chairman Jerome Powell’s claims to want to protect the “independence” of the Federal Reserve ring hollow. Following sound monetary policies is more important than the theoretical “independence” of the central bank.