At first glance, what appears to be just another natural disaster, upon closer look, reveals a widespread state policy failure driven by a flat-earth theory of economic policy. In recent years, the state of California has waged a war against insurance companies. The California Department of Insurance (CDI) has closely regulated insurance premiums, requiring approval...
Americans are praying for tens of thousands of families who lost relatives and homes in the devastating fires in Los Angeles. Governor Newsom and Mayor Bass face criticism for prioritizing the well-being of fish over people, for misguided environmentalist policies that effectively turned the local forests into a tinderbox, and for diverting state and local...
Quincy Jones Jr., an influential American musician, philanthropist, and entrepreneur, passed away Nov. 3, 2024, at his home in Bel-Air, California, at 91 years of age, surrounded by his friends and family. Jones was born March 14, 1933, on the South Side of Chicago. His father, Quincy Jones Sr., was a carpenter and semi-professional baseball...
The emergence of right-wing leaders in various parts of the world and their counter-offensive against wokeism, global elites, and liberalism has given rise to a narrative according to which the “far right,” the “nationalist right,” or the “populist right” (whatever you want to call them) is taking over from the left and establishing itself as...
In April 2023, nearly 80 percent of Wisconsin voters supported an advisory referendum favoring work requirements for work-capable adults receiving taxpayer-funded benefits. The message was clear: people want welfare programs encouraging work and self-sufficiency, not permanent dependence. Yet, despite overwhelming public support for reforms that promote economic mobility, Washington remains unwilling to act. This leaves...
When Argentines go abroad, they usually go shopping. Many of the products they want cannot be bought at home, ranging from clothes to smartphones and all kinds of home appliances. Because of this, it has become a tradition to return from a trip with one or two extra suitcases filled with smuggled goods. Did you...
Members of the Biden-Harris administration went on a massive spending bender during their final four months in office. By that, I mean they figuratively blew a hole in the U.S. government’s budget as they headed out the door. This assessment is not included in the January 2025 Monthly Treasury Statement, which provides data on the...
In November 2023, the warning came, as clear as an omen. A political upstart was seeking office and, if elected, his policies were likely to cause “devastation” in his own country and “severely reduce policy space in the long run.” The threat was a chainsaw-wielding disciple of Austrian economics from Argentina who embraced laissez-faire economics....
It’s been reported that Elon Musk’s Department of Government Efficiency (DOGE) is looking at changing money forever. Musk’s plan? Kill the penny. Killing the penny is a popular idea, and it sounds like a no-brainer when you look at some of the details. After all, when was the last time you actually used a penny?...
Credit cards. You apply for one because it offers you cash back, frequent flyer miles, or some other perk. (After all, the email said you were “pre-approved.”) Or your bank basically handed it to you when you applied for a checking account. Most people today have several in their wallets, and cards (either credit or...
As Elon Musk continues to take over and wind down parts of the federal bureaucracy, establishment figures from across media and politics are growing increasingly resentful of the tech entrepreneur. If you read a national newspaper, turn on a major news channel, or tune into one of the establishment’s many late-night “satire” shows, you’re bound...
The Biden-Harris administration left the fiscal situation of the U.S. government in a world of hurt. In January 2025, the Congressional Budget Office projected federal budget deficits will range between 5.5 and 6.5% of GDP during the next 10 years under current law. These figures compare with an average budget deficit of 3.8% of GDP...
Words have a way of coming back to haunt us. If in doubt, just ask Sam Altman. He once dismissed startups with only $10 million as “totally hopeless.” They could never compete with industry titans like OpenAI, or so he thought. With just $5.6 million in funding, DeepSeek proved him wrong. The Chinese AI startup...
With Justin Trudeau stepping down, Canada is entering a turbulent political season. Parliament has been prorogued until March 24, giving time for Trudeau’s Liberal Party to select a new leader. The new leader will become Prime Minister as leader of the party in government, but will then likely lose a non-confidence vote in the House...