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Without Property Rights, Flourishing is Impossible
The economic shut down has exposed a fundamental truth that few are willing to acknowledge: Without property rights, flourishing is impossible. This is true of individuals, and it is true of societies. The right to property means the freedom to create, use, keep, trade, and dispose of material values. This is precisely what the shut…
The FDA’s Perpetual Process Machine
Nobelist Paul Romer details many of the ways that the Food and Drug Administration’s (FDA) policies hampered the response to the coronavirus. This sampling belies the claim that FDA regulations save lives. It might be time to review the massive damage that the FDA is doing by restricting the supply and use of tests for…
The Wrong Standard of Value
On March 2, Texas Gov. Greg Abbott lifted his mandatory face mask order and said that businesses could begin operating at full capacity. His announcement met with quick criticism from both Republicans and Democrats, including President Biden, who said, Texas—I think it’s a big mistake. We are on the cusp of being able to fundamentally…
Friday Roundup 5-14-21
One of the latest trends in the “tenants’ rights” movement is to provide free legal representation for tenants facing eviction. Washington state has passed such a law and other states are considering doing so. As with nearly everything associated with “housing justice,” these laws will ultimately create a host of new problems. As one example,…