Economic principles
Sunday, May 4, 2008Minimum Wage on Auto-Pilot?By John LaPlanteFiled As: Economic principlesNo good can come from a state raising its minimum wage. If it simply matches the federal wage, it's superfluous. If it goes above that, it simply compounds the damage done by this form of government meddling in the market. Lawmakers in Maine have discussed not only raising that state's ... more »»
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Tuesday, June 3, 2008For Wall Street Journal, Lightning Strikes TwiceBy Patrick EckelkampFiled As: Economic principles, Health Care, PrivatizationThere are two editorials in last week's Wall Street Journal that discuss and highlight the proper solutions (read: abolish needless government regulations) to the worsening health care situation in the ... more »»
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Wednesday, May 28, 2008A Free Market in Health Care?By Paul GessingFiled As: Economic principles, Health CareArguably, the most important single way to promote individual freedom in any economy is through the mechanism of free trade. After all, while government bureaucrats love to manage and play favorites in the economy, their ability to do so is limited dramatically if actors in that economy can choose to ... more »»
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Tuesday, April 29, 2008Preserve Natural Resources by Placing them in the MarketBy John LaPlanteFiled As: Economic principles, EnvironmentGood market-oriented groups (and really, anyone who has paid attention) will tell you that the way to preserve a natural resource is to make sure that some people can profit from it. So for example, one way to ensure that there's a population of elephants around is to make sure that people in Africa ... more »»
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Monday, March 24, 2008Be Happy for NothingFiled As: Economic principles, Employment, GeneralCarl Gipson, who directs the center for small business at the Washington Policy Council, says that entrepreneurs of the state found reasons for hope--and vexation--in this year's legislative session. He writes in Puget Sound Business Journal. On the plus side are things that ... more »»
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Monday, March 17, 2008The Value of Low Taxes in a High-Tax WorldFiled As: Budget and Tax, Economic principlesOn this St. Patrick's Day, consider the recent economic history of Ireland, which rejected economic nationalism, embraced trade (are you listening, Michigan?) and lower taxes. Erin Go Braugh!
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Thursday, March 6, 2008Boost the Economy by Protecting Property RightsDevelopment in the post-Kelo world Filed As: Economic principlesSome local officials defend the right to use eminent domain to benefit some private parties at the expense of others. They say that it's a necessary tool for economic development. Writing for the Mackinac Center for Public Policy, Russ Harding ... more »»
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Monday, February 18, 2008Good Intentions, Higher PricesFiled As: Economic principlesYet another sign that the road to bad policy is paved with good intentions: land-use regulations in the Seattle area increase home prices, according to new research from the University of Washington. ... more »»
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Friday, January 25, 2008States Judged by Population MovementsFiled As: Budget and Tax, Economic principlesThe Heartland Institute offers a couple of interesting items about population shifts in the country. First, people are moving away from high-cost states. Second, this is seen specifically in the case of New ... more »»
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Wednesday, February 6, 2008Entrepreneurship and Health Care CostsFiled As: Economic principles, Health CareHere's yet another sign that our health care financing system needs updating: it's harsh on small businesses and in turn, entrepreneurialism.Very large businesses can self-insure, and under ERISA, they can avoid a lot of government regulation. Small businesses, on the other hand, are ... more »»
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