Is There a Limit to Government?

Posted: 8/3/2021 8:22:09 PM
A central tenet of a free enterprise market economy is limited government. In this limited role, the government protects and ensures property rights, individual freedoms, economic opportunity, and competitive markets largely through an agreed-upon and enforceable set of rules. Government also has a limited role in addressing the provision of goo...

Tariffs as Crony Capitalism

Posted: 8/3/2021 10:21:21 AM
At a time when the lumber prices are skyrocketing, the Biden administration is considering increasing tariffs on Canadian lumber from the current 8.99% to 18.32%. The announcement was immediately cheered by the U.S. Lumber Coalition, but criticized by Canadian authorities, who called the increase a “tax on the American people,&rdq...

U.S. Farm Subsidies: A Prime Example of Crony Capitalism

Posted: 7/29/2021 11:37:30 AM
Nearly a century after the Great Depression, why are we still subsidizing farmers? U.S. farm subsidies are designated in the “Farm Bill” that is updated every five years. The latest version of the Farm Bill was signed into law in December 2018, and the federal government is currently paying about $25 billion annually to farmers prima...