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Bill Gates, taxes, tax, government, entrepreneurs, responsibility

Billionaire Theater

“I need to pay higher taxes,” Bill Gates told CNN’s Fareed Zakaria on Sunday. He was making a case against Republican tax cuts, but his actual argument? Insignificant. It’s just another unlearned, narrow-perspective “growing inequality” farrago. But his conclusion intrigues . . . as a man-bites-dog story, because people have

The Human Freedom Index for 2017, CATO, Fraser Institute, and the Liberales Institut at the Friedrich Naumann Foundation for Freedom Switzerland, US, United States

Winning Too Much?

“We’re Number 17!!!” This lacks a certain triumphant note. It is nothing like the “We’re Number 1!” the Swiss are now hollering as they pump their arms into the air, waving giant #1 foam fingers against the backdrop of snow-covered Alps. Actually, knowing the Swiss, they are probably a bit

marijuana, bank, California, California State Treasurer John Chiang, Federal Reserve

Bank on It?

It took me a moment. And I assure you, I wasn’t high. When I read that California State Treasurer John Chiang was considering a “marijuana bank,” my first thought was that he was talking about warehousing bud and leaf. Well, no. That would be stupid. So, maybe reporters and bloggers

marijuana, constitution, intrastate, rights, legalization, decriminalization

The Ninth and the Tenth of It

When Attorney General Jeff Sessions rescinded the Obama Administration enforcement guidelines regarding the states that have legalized (in their 29 different ways) marijuana, last week, supporters of freedom expressed some worry. But we had to admit, one excuse for Sessions’s nixing of the mostly hands-off policy seemed to make sense

gas, Oregon, freedom, invisible hand, law, pump, control

Beaver State Bliss

The Great State of Oregon is not at DEFCON 1. Nor are Beaver State residents gnashing their teeth over a new law that went into effect earlier this week. News reports proclaimed: “People in Oregon are freaking out about the thought of pumping their own gas under a new law.”

Standard Oil, monopoly, merger, antitrust, Aetna, CVS Health Corp

What’s the Big Deal?

Big news: in a $69 billion deal, CVS Health Corp. plans to buy Aetna Inc. The AP story by James F. Peltz says the move “would shake up healthcare industry.” Should we worry? Because corporations aren’t cancerous, growth and consolidation are not to be feared as such. But speaking of

cronyism, Amazon, taxpayers, black hole

Cry Me an Amazon

My idea of a “free market” is not our politicians’. Their idea is to give away free stuff to their new and old business buddies . . . at everyone else’s expense. That sort of “crony capitalism” has been writ large per Amazon’s search for a location for a second

Apple, “vice president of diversity and inclusion,” Denise Smith race, equality, diversity, hiring,

Don’t Think Different

What do we know for sure about the resignation of Apple’s “vice president of diversity and inclusion,” Denise Smith? She is a black woman who landed in hot water for saying that a group of blue-eyed blond men can also be “diverse,” because “they’re going to bring a different life

Keurig, coffee, capitalism, Media Matters, Trump, Hannity, Roy Moore, Alabama

Coffee in the Age of Covfefe

You might think that that coffee could not be spoiled by today’s politics, but, well, consider the Keurig line of coffee-related products. I’m a Starbucks man, myself, but one of the great things about capitalism is that I can have my tall (or grande) latte and you can have your

Twitter, freedom, social media, bluebird, government, internet, speech

The Owners of Twitter Have Rights

Roger Stone is suing Twitter for kicking him out. Without saying exactly why they booted him, Twitter implies that the reason is abusive language. For his part, Stone accuses the social media giant of targeting right-wing tweeters while letting left-wing tweeters off the hook for the same or worse alleged

Puerto Rico, Jones Act, protectionism, hurricane, unintended consequences, folly

Jonesing for Disaster

First, do no harm. Second, stop harming. You might think that these would be the Two Commandments of Government. But no. Politicians make a good show of saving us, sure. Sadly, appearance alone suffices. For them. Much easier to announce a new program than get rid of a harmful old

Brazil, junk food, capitalism, free markets, New York Times, folly

Evil Capitalists Hook Brazil On Eating

Have you heard the latest? More and more peoples around the world these days have the unfortunate misfortune of having adequate food — not merely vegetables either!! — thanks to the ruthlessly profit-seeking food producers and their unconscionable engagement in the division of labor, capital accumulation, and international trade. It’s

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