It is just about impossible to avoid the evidence that obesity has become a serious societal health problem. The view that fast food restaurants are legally responsible for this problem and should pay damages to the obese is ridiculous, says Bruce Bartlett of the National Centre for Policy Analysis
None of the grand plans for rebuilding Iraq will work without a growing economy rooted in private property rights and a stable currency, says the Wall Street Journal. Iraq hasn’t had either for decades since nearly everything was controlled by the Baath Party.
The longer-term decision on what currency
Seldom has the Laffer-curve downside of diminishing-returns been so well illustrated as by Treasury’s mining royalties bill. Forbes magazine’s David Warsh described how Arthur Laffer’s napkin-sketch of a simple convex curve captured an older idea that governments can tax too much, even in their own terms. They get nothing without
Land fever is gripping communist Vietnam, one of the strongest signs yet that capitalist-style policies introduced piecemeal during the past 15 years are here to stay. Eager for a piece of the action, the Vietnamese are pulling their savings out of mattresses and ploughing them into the safest investment they
An essential part of any plan to establish freedom in Iraq should be a commitment to a free market and the institutions that support it, including a commitment to free trade, says the Cato Institute’s Daniel T. Griswold.
Iraqis must enjoy a secure right to property, a stable currency, decontrolled prices,
According to a 6 January 2002 press report a High Court judge objected to the legislation that gave birth to the Asset Forfeiture Unit. He declared that the way in which the legislation was framed indicated that it was introduced to lend a façade of respectability to a process of
In a development that is significantly changing the medical landscape, research is calling into question the value of a wide variety of common surgeries. Thanks to this research and advanced technology as well as concern about higher health costs doctors are telling many patients not to go
