Tag Archive 'Regulation'

Enacting useless regulations in order to force the transfer of wealth from rich to poor

There’s a famous story about Milton Friedman’s response when confronted with make-work projects: While traveling by car during one of his many overseas travels, Professor Milton Friedman spotted scores of road builders moving earth with shovels instead of modern machinery. When he asked why powerful equipment wasn’t used instead of so many laborers, his host [...]

Democrat, Corruptocrat!

Democrats are the friends of big business, Conservatives are the friends of small business. Democrat government inevitably ratchets its way to corruptocracy. If you don’t agree with this, can we at least agree that Democrats favor highly regulated economies and societies and conservatives don’t? Let me explain with two examples. 1) The Wall Street Journal [...]

Doing business in California — NOT

[David Foster has again been kind enough to take seriously my request for guest blogger content. I wish more of you would. There's so much going on out there that, even if it weren't for my time constraints, I couldn't handle it all.] A FOUNDRY SAYS FAREWELL …to California. For 60 years, Gregg Industries, a [...]

Getting our terminology right

This will be a quick post because, this weekend, soccer is my life. Fortunately, I only want to make a quick point, and it’s one that I think needs to be made over and over and over again. As you may recall from Thursday’s debate, Biden kept saying that our current financial woes arose because [...]