I see that Russell Pearce, the Arizona Senate president who authored that state’s harsh immigration law, met defeat in Tuesday’s recall from another Republican. Although the other candidate, school-executive Jerry Lewis, shares some of the same views, Pearce’s defeat is still a good day for Arizona and America. See, Arizona recall: Why Russell Pearce lost.…
Free Markets
Business, Economy, Free Markets, Laws/Regulations, Planning
How Anti-Dumping Laws are Bad for American Jobs
by JOHN ADAMS •
Here’s a brief video (perfect for classroom use!) on how anti-dumping laws – designed to protect American jobs from foreign competition — actually inhibit American production, raise Americans’ prices for goods, and stymie domestic job creation. Restrictions on importation may not be sensible as economic policy, but they’re a great gain for a few protected…
Business, Food, Free Markets
The Charitable Power of Food Trucks
by JOHN ADAMS •
There’s a story at the Los Angeles Times about schools’ use of food-truck nights as fundraisers. Angel Jennings reports that Outdoor food courts are popping up in the parking lots of at least a dozen high schools across Southern California with more on the way. Financially strapped public schools – hit hard by budget cuts,…
Free Markets, Government Spending, Libertarians, Planning
Pervasive and Pernicious Crony Capitalism
by JOHN ADAMS •
For some in the Tea Party, and for just about everyone with the Occupy Wall Street movement, there’s a problem with capitalism. I’ve not the slightest problem with either of these groups protesting, and doing so in large numbers. (Congressional Majority Leader Eric Cantor’s correct about wanting to cut spending; he’s wrong to worry about…
Free Markets, Libertarians, Poverty
On Poverty Spending
by JOHN ADAMS •
Libertarians believe in ‘limited government, individual liberty, free markets, and peace.” Limited government means less spending (and so fewer taxes, and a lower public debt). That doesn’t mean there should be no spending. People have a right to defend themselves (defense, policing) even if we may spend too much in those areas (influential defense contractors…
Food, Free Markets, Laws/Regulations
Visit to a Truck-Food Paradise
by JOHN ADAMS •
Free Markets, Libertarians, Liberty, Poverty
Philosopher Matt Zwolinski on ‘Bleeding-Heart Libertarians,’ The Poor, and Social Justice
by JOHN ADAMS •
I’ve posted before on libertarian professor Matt Zwolinski’s left-of-center libertarianism (see, from the Daily Caller, Seven reasons progressives should be more libertarian). Here’s a video where he discusses so-called ‘bleeding heart’ libertarianism. Although I don’t think of myself as more of a left or more of a right-of-center libertarian, there’s nothing in Zwolinski’s emphasis on…
Free Markets, Laws/Regulations, Liberty
Institute for Justice takes on the Milwaukee Taxi Cartel
by JOHN ADAMS •
Here’s a question, in times of struggling businesses and high unemployment, that should concern everyone: What to do about oppressive regulations and crony capitalism in Milwaukee? The IJ describes what’s at issue: Should the city of Milwaukee be allowed to outlaw competition in the taxi market, causing permits to rise in price from $85 to…
Books, Free Markets, Liberty, Planning
Luskin on Atlas Shrugged, Paul Krugman, and Crony Capitalism
by JOHN ADAMS •
Donald Luskin’s spent years criticizing Krugman, not as much for Krugman’s economic accomplishments (Krugman’s a Nobel laureate) but for his subsequent politico-economic columns in the New York Times. Krugman is Luskin’s white whale, but that obsession isn’t as interesting to me as Luskin’s observation (toward the end of the video) that Atlas Shrugged is, principally,…
Cars, Free Markets, Government Spending
Ford Slams GM, Chrysler Over Government Bailouts
by JOHN ADAMS •
It’s not a real press conference, but it’s a real, unscripted message: a buyer says he bought a Ford because he didn’t want a car from a company that took a taxpayer-funded bailout. The commercial doesn’t address the merits of any given Ford, GM, or Chrysler car: it impugns the two latter automakers generally. It’s…
Free Markets
University of Chicago law students defend rights of street vendors
by JOHN ADAMS •
There’s an encouraging story from Chicago about the legal defense of entrepreneurial, hard-working street vendors’ offerings of good food at low prices. The vendors’ popular fare has been under attack from incumbent businesses looking to use government to limit competition and inhibit consumer choice. Day after day, Chicagoans choose these vendors over alternative offerings: [Vendors’…
Economy, Free Markets, Laws/Regulations
The Best Way to Create Jobs: Free Markets in Capital and Labor
by JOHN ADAMS •
Here’s New York Mayor and businessman Michael Bloomberg talking about the best way to create jobs. He’s right that fewer immigration restrictions actually boost American employment. There’s much more to be said about all this, but a scheme of labor restrictions isn’t just socially disruptive, and an example of over-criminalization. Restrictions impoverish America; free private…
Free Markets
The Morality of Capitalism
by JOHN ADAMS •
Free Markets, Laws/Regulations, Liberty
Defending Street Vendors, Food Trucks, and Consumer Choice
by JOHN ADAMS •
Here’s an update in the battle for economic freedom and consumer choice. I’ve written before about how incumbent, brick-and-mortar restaurants try to use government to shield themselves from food-truck competitors. Those restaurateurs do not — will never — deserve governmental protection. They made a free choice to open a store, instead of operating a truck,…