Money for nothin’ . . . Finland floats universal basic income as an alternative to traditional welfare. Hopes are high across the Finnish political spectrum. But hope, says Nathan Keeble of Mises, is not economic reality.
Rising Health insurance premiums . . . That they’re on the rise is obvious (a quantum-leap style rise as we head into 2017), but why? Dr. Brian Blase explains for Learn Liberty. [2:00]
Free market or free trade? . . . Are they different? Republicans seem to want to believe they are. ReasonTV talks “free” to some Trump voters on the ground to get their thoughts. [6:00]
Moocher states . . . You might guess the biggest recipient’s of federal dollars would be one of the big blues: California or New York, maybe. You’d be wrong. They’re entirely red.
The Peltzman effect . . . Could safety features themselves increase the risks of injury? This may be one of the more fascinating unintended consequences.
The Italian way . . . On the brink of economic ruin, Italy would be wise to look to the Bugatti, Ferrari, and Lamborghini models. (The visionary entrepreneurs who started the companies, not the cars themselves. They’re really expensive.)
Pro business . . . Most politicians say they are, but what do they really mean? Matthew Mitchell of Learn Liberty explains that unless they’re getting out of the way of business, politicians are anything but pro.
The third-party dilemma . . . The “Ranked Choice” voting option gets a boost in popularity after the fun of November 2016.
Where do Americans escape to? . . . According to Michael Barone of FEE, to states with right-to-work laws and no income tax. We’re not stupid.
1000 hours . . . That’s the training the state of Missouri will require for anyone wishing to practice (with a license) the profession of hair braiding. Not hair transplant surgery – hair braiding. The black market just keeps getting bigger.
The War on Drugs . . . has been lost, says Steve Davies of Learn Liberty, lost on every possible front. [2:30]
The future of civil forfeiture . . . And if you don’t know what civil forfeiture is, that’s the whole of point of this article: to inform the public that it happens. Once you know it happens, you’ll want it to stop.
Economics primer . . . The Mises Institute lays out ten fundamentals of economics. You can’t condense Austrian school basics any more than this. Even if you’re familiar with these ideas, they’re worth another look.
Abolish the EPA? . . . Kent Lalley of FEE says “Absolutely!” Property rights and the free market – if they’re allowed to operate freely – will take better care of the environment than any far-removed bureaucracy.
Great Gift Ideas . . . for that hard-to-buy-for libertarian on your list. Be ready with the pause button, and be ready to laugh. [3:00]
Grinch alert! . . . Leave it to the economists to take the fun out of Christmas. So is gift giving really just a waste of resources and a drag on the economy as many “experts” claim? Don’t put away that wrapping paper just yet, say the folks at Mises.
Quell our fears? . . . Mark Matson – wisely – says he can’t do that, but as far as investing goes, he can sure help us make the most of what we can control. [4:30]
Like everything in Texas . . . Free trade is big too. Since NAFTA was passed in 1993, regional trade in Texas has increased almost four fold. Will Trump’s wall put a stop to this too? [5:00]
Unstoppable innovation . . . Like the textile workers who lost their livelihoods to the power loom, today’s taxi drivers (and anyone else facing obsolescence) are taking up their fight against the Ubers of the world. But there’s just no stopping progress, says Prof. Michael Munger of Learn Liberty, not when it benefits so many of us.
Trump vs. Reagan . . . David Henderson of FEE pits these two larger-than-life icons against each other by way of cabinet picks. And so far, he’s got Trump coming out on top.