America’s experiment with government ownership of urban transit systems has proven to be a disaster, says Randal O’Toole, a senior fellow with the Cato Institute.
Since Congress began giving states and cities incentives to take over private transit systems in 1964, worker productivity the number of transit riders carried
Namibia is a party to the Stockholm Convention, which laudably seeks to remove harmful pollutants from the environment. As DDT is essential for malaria control, it is the only chemical classified as a “persistent organic pollutant” that can still be used. Yet Namibia and others working to eradicate malaria still
Economist Israel Kirzner described the typical entrepreneur as displaying vision, boldness, determination and creativity and alertness to available opportunities for profit. Economist Joseph Schumpeter wrote of the creative destruction that resulted from the activities of entrepreneurs. Both considered these roles essential to economic growth the one citing the innovations
Blame for increases in health care costs should be placed on the system the government has promoted, says Investor's Business Daily (IBD).
The US tax code encourages employers to buy health care insurance plans with pre tax dollars.
Nearly 60 per cent of American adults are covered by an employer-based plan.
This arrangement
In Canada, the province of Alberta has long encouraged school choice. Historically, Alberta has had two school systems between which parents may choose: the “public” system and a “separate” system. Other Alberta choices include charter, private and French-language schools. Homeschooling is encouraged and supported by the provincial government, and “blended”
Recently, the Federal Reserve announced plans to resume monetary easing by purchasing $600 billion in U.S. Treasury bonds by June 2011. Bonds purchases give the sellers additional funds in their banks, which adds to banks’ reserves and lending ability. The Fed’s goal is to expand money and credit and thereby
It’s time to let ethanol subsidies die, says Ronald Bailey, Reason Magazine’s science correspondent.
In 2004, the United States government started offering a tax credit worth 51 cents for each gallon of gasoline containing 10 per cent ethanol.
The 2008 farm bill lowered that credit slightly to 45 cents per
