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Abbott’s Monument to Delusion
In June, Texas Gov. Greg Abbott announced a plan for the state to build a wall along its border with Mexico. Trump’s plan to make Mexico pay for his border wall had a very loose relationship with reality from the beginning, and the same can be said about Abbott’s plan. In making his announcement, Abbott…
It’s All About Property Rights
Ayn Rand correctly wrote that without property rights, no other rights are possible. And the reason is, it’s all about property rights. The right to property means the freedom to produce, trade, and use material values. If you are like most people, the bulk of your waking hours are spent producing, trading, or using material…
The Full Context: Eminent Domain
Too often, political debates fail to consider all of the alternatives. But if we are going to make rational and informed decisions, then we must consider all of the alternatives, as well as the pros and cons of each. We must consider the full context. Eminent domain serves as an example. We are often told…
Principles and Eminent Domain
Calls for new laws regarding the use of eminent domain echo across the state. Rural land owners are finding their property seized to build pipelines and a railroad. In south Texas, property owners are facing seizure to build the border wall. While stating their support for property rights, many prominent Texas politicians have defended the…
The Affordable Housing Crisis: Causes and Cures
Few people deny that America has a severe shortage of affordable housing for low- and moderate-income households. While there is agreement that a problem exists, there is little agreement about a remedy. Government officials at every level, along with housing advocates, frequently put forth a variety of policy proposals in an attempt to address the…
Property Rights and Human Flourishing
Without property rights, human flourishing is impossible. Without property rights, starvation and misery are the inevitable results. Consider Venezuela as a stark example. In the 1990s, Venezuela was the wealthiest country in Latin America. Today, millions are starving, electricity and water are rationed, and the nation’s hospitals lack basic supplies. Inflation is nearly 2,000 percent…