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California’s New ‘Gas Price-Gouging Law’ Flunks the Basic Economics Test
Gov. Gavin Newsom (D-CA) took to Twitter earlier this week to crow about California ’s “first-in-the-nation” gas price-gouging law designed to prevent oil companies from overcharging consumers. “A NEW independent watchdog —…
Biden Begins Shadow Loan Forgiveness Plan
Last week, the Supreme Court ruled against the Biden administration’s student loan forgiveness proposal which would have forgiven $10,000-$20,000 of student loans per borrower. But the fight for student loan forgiveness isn’t…
Bidenomics Is a Big Bust
Word out of the White House is that President Joe Biden wants to tout his economic successes. He's even embracing the slogan "Bidenomics" — which most people think is a term of as a term of derision and policy…
Bidenomics Is a Big Bust
Word out of the White House is that President Joe Biden wants to tout his economic successes. He's even embracing the slogan "Bidenomics" — which most people think is a term of as a term of derision and policy…
Carl Sagan Warned Us about Government Schools Decades Ago
My wife and I recently met with the principal of the school our daughter attends to discuss her education future. My daughter, who turns 12 in a few days, wants to go to a different school in the fall, largely because many of…
Los Angeles Is Flirting With a $25 Minimum Wage Law. That Would Be a Mistake
The city of Los Angeles is expected to hit a boom of tourism in the upcoming years. Two major worldwide sporting events: the FIFA World Cup and the Olympics are set to visit the city in 2026 and 2028, respectively. The influx…
Inflation is Slowing. Will the Fed?
"Monetary policy works with long and variable lags. Inflation is slowing, but it will take some time to come down. Fed officials should not be too concerned about elevated core inflation." ~ William J. Luther
Fungi Bombs and Food Markets
"That people make choices and can substitute towards cheaper items is an underappreciated point for those concerned about fungal pathogens. While fungi might increase prices of some goods, people can purchase relatively…
What MrBeast Reveals About Tyranny of the Majority
In a recent video (see below), MrBeast, the most popular creator on YouTube, invited individuals ranging from 1 to 100 years old to participate in a series of games and activities. Each age had one representative who had to…
Why Government Spending Is Bad for the Economy
On Monday, President Biden announced $42 billion in funding to build internet infrastructure across the country, with the goal of getting every American connected to the internet by 2030. This is the “largest internet funding…
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