People who need higher-priced loans—those with the lowest incomes—will be the ones denied access to the credit market by any government-mandated cap.
Minimum wage supporters tend to observe the direct and immediate consequences of their idea, but they do not bother to think through the indirect and longer-term consequences.
Besides boosting their incomes merely $520 a year, minimum-wage employees also have had to take on second jobs to make up for losing hours due to artificially inflated wage costs.
For multiple reasons, Congress should not repeal the Independent Payment Advisory Board without first enacting a suitable replacement.
Over the past 50 years, health policy has failed disastrously, making conditions worse only after spending billions of taxpayer dollars without adding anything to patient care.
Thursday’s amendment doesn’t resemble the model cited by pool proponents, undermines federalism, relies on price controls, and requires far more taxpayer funding.
Watch out for five misguided attacks to persuade the public that government intervention in the pharmaceutical industry is necessary. Actually, it will make things worse.
President Obama waving his magic wand to ‘give’ more people overtime really means less money and advancement opportunities.
Agriculture despots used to be able to seize farmers’ produce at will. With a new Supreme Court decision in favor of two raisin farmers, that may change.
In the over 4,000 years of which there is a history, there has never been a single instance of success where prices controls didn’t cause serious damage.
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