Death Valley? Peter Thiel and Steve Jobs on What Could Kill Silicon Valley
Peter Thiel speaking at Independent Institute event on January 27 On January 27, legendary entrepreneur Peter Thiel told a packed house at an Independent Institute luncheon, at the Olympic Club in San...
View ArticleSorry, Your Minimum Wage Law Is a Nightmare
The minimum wage is an economic nightmare. Let’s say it one more time, with feeling. The minimum wage is an economic nightmare. In the recent elections, voters throughout the U.S. took to the polls to...
View ArticleA Case for Patent Reform
Arthur M. Diamond, Jr., makes his case for patent reform in the Winter 2015 issue of The Independent Review. For many decades most economists believed patents were key to the innovation and material...
View ArticleShining Spotlight on Bogus U.C. Berkeley “Think Tank” During National...
This week is National Sunshine Week, a time when many journalists across America publish stories on government spending and transparency. One organization that needs more sunshine is the Institute for...
View ArticleMore Bad News about the Medicare Doc Fix
Opposition to the outrageous so-called Medicare doc fix bill, which will increase the federal deficit by $141 billion, is growing. Michael Cannon of the Cato Institute explains how this will “bust the...
View ArticleGoogle Agonistes
News reports on Tax Day suggest that the European Commission wants to nail Google Inc.’s scalp to the wall as punishment for committing alleged antitrust (competition) law violations. At issue is the...
View ArticleTax Freedom Day, 2015
The Tax Foundation announces “Tax Freedom Day” every year to mark the date on which the average U.S. taxpayer has earned enough income to pay in full all federal, state and local taxes owed. The date...
View ArticleThe Ex-Im Bank Redux
Adam Smith, the first and still best of all of the world’s economists and moral philosophers, once wrote in opposition to all systems of “preference and restraint”. That lesson is lost on most...
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