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Another Lesson from Bastiat: So-Called Employment Protection Legislation Is Bad News for Workers

Frederic Bastiat, the great French economist (yes, such creatures used to exist) from the 1800s, famously observed that a good economist always considers both the “seen” and “unseen” consequences of any action. A sloppy economist looks at the recipients of government programs and declares that the economy will be stimulated by this additional money that […]

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DFL hates farmers, laborers

If anyone needs proof that the DFL hates laborers (the L in DFL supposedly stands for Laborer), they should look at this map of the new alternative route that Enbridge will use to get their Bakken oil to market: I wrote this post to highlight the DFL’s indifference to pipefitters and other blue collar workers. […]

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Academic Research Shows Minorities Get Hurt When Government Tries to Help

I thought it was a remarkable development last year when a columnist from the New York Times reported that supposedly pro-feminist policies actually backfire against women. Maybe this would help readers recognize that there are adverse unintended consequences of government intervention. Bastiat would be very happy! Now we have a new example from the academic […]

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The Immorality of Guaranteeing Minimum Standards of Living

I’ve had times over the years when I thought Erick Erickson was the greatest thing since canned beer, and I’ve had times when I swore he burned down the brewery. Life is like that, we don’t always agree, and we got where we are by different routes. But the other day he wrote about the […]

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The Productive People in France Need a Frexit

The United Kingdom is getting a lot of attention because voters just chose to leave the European Union. I think this was the smart choice. Yes, there will be some short-run economic volatility, but the long-run benefits should make it worthwhile. Sort of like chemotherapy being painful, but still being much better than the alternative […]

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The Recipe for Job Creation: Less “Help” from Washington

The American economy is in the doldrums. And has been for most this century thanks to bad policy under both Obama and Bush. So what’s needed to boost growth and create jobs? A new video from Learn Liberty, narrated by Professor Don Boudreaux (who also was the narrator for Learn Liberty’s superb video on free […]

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