If we strip away the technical particulars that often cloud this policy debate, what we essentially are left with are disparate visions about the power of markets to maximize technological innovation. It is clear that the regulatory model has failed to achieve policy objectives.

Communism was one of history’s most infamous lies. What it wrought stands as a horrible testament to the “planned chaos” of the omnipotent state. 

Though most Americans know something of that fateful day in 1903, far fewer are aware of the rivalry between the Wright brothers and another inventor/entrepreneur—one Samuel Pierpont Langley.

Empires, however, have a funny way of crumbling unexpectedly. The seeds of dissipation are sown by the empire-builders themselves when they impose their will at the point of a gun.

Britain's Great Exhibition of 1851 celebrated innovation, free trade, and free enterprise but the Millennium Dome of 2000 was a just another government boondoggle.

This is about some very critical fundamentals, bedrock concepts that derive from centuries of experience and economic knowledge. They are, in my view, eternal principles that should form the intellectual backdrop to what we do as policymakers inside and outside of government.

Like Prohibition, high taxes lead to big profit opportunities for people who break the law, which leads to smuggling, which in turn invites some pretty nasty people into the business.

We’re taught that the swashbuckling visionary Teddy Roosevelt rushed to the aid of freedom fighters in Panama, helped them secure their independence from Colombia, and then led the building of the Canal in just the right spot. Maybe the truth is a little different — from this 2002 book review.

Karl and Groucho. Two men named Marx. Both brought tears to the eyes of millions but for very, very different reasons.

Seventeen years since I wrote this article, Rwanda’s score on the Heritage Foundation’s Index of Economic Freedom makes it the 39th freest economy in the world, out of nearly 180 countries ranked.

In November 2000 Louis Schimmel swept away the government of Hamtramck, Michigan, and literally took over the city–lock, stock, and barrel.

Socialists take aquariums and turn them into fish soup. The endless socialist quest for whatever it is socialists quest for all adds up to pitifully little—nothing more, in fact, than what French economist Frédéric Bastiat dismissed more than a century and a half ago as “legalized plunder.”

Most people of faith—whether they be Christian, Jew, Muslim, or something else—would ordinarily be the first to argue that God doesn’t need federal funds to do His work; just a change of heart will do, one heart at a time.

Every day, somebody somewhere gets a great idea and thinks nothing of stealing from others through government to fund it. Those of us who are troubled by these trigger-happy statists need to become more active and vocal in exposing their schemes.

Do we need a reminder that long-term pols with lots of “experience” in Washington have blessed Americans with trillions in debt and a federal government that sucks more and more from our wallets year after year after year?

Think about it: a major motion picture that dares to lump Nazis and communists into one reprehensible socialist dung-heap. Extraordinary!

Thankfully, the question of abolishing the Electoral College is moot because the hurdles a constitutional amendment has to jump are simply too high. 

We need to recognize that shorthand just won’t do the job when talking about how complex principles apply to current-day issues.

The best way to reform welfare programs is to eliminate them.

Sadly, those who think government must provide deposit insurance fail to realize how much of the problem they see is already the result of government’s own handiwork.