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Blog

All Aboard… for Cronyism!

People often criticize capitalism as giving too much power to big business, and use this concern as a justification for more government intervention in the economy. But the kinds of business practices that are most damaging come not from free market competition, but from government-sponsored cronyism, where certain businesses are given legal advantage over others for political purposes.

04/11/2014
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Democrats Reveal Their Contempt for Voters on Campaign Finance

The Supreme Court’s recent ruling eliminating aggregate caps on the amount of money individual donors can contribute to political campaigns is an important victory for free speech. While caps on donations to individual campaigns remain in place, this ruling offers hope that they too may soon be recognized as unconstitutional and in violation of the First Amendment.

04/04/2014
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QE and Minimum Wage are State Sponsored Price Fixing

In his classic economic text, The Wealth of Nations, Adam Smith had the following to say about collusion: “People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”

03/31/2014
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Democrats’ Role Reversal on Corporatism

Old stereotypes die hard, regardless of their increasing inability to reflect reality. Consider the caricature of the corporate fat cat, clad cartoonishly in top hat and spats, building monopolies, crushing competition, exploiting workers and all the while lining his pockets with wads and wads of filthy lucre. Now quick, how do you think our straw industrialist will vote? If you said Republican, you’re not alone.

03/28/2014
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FreedomWorks PAC: Fearless as Ever

Our most recent round of endorsements has led some to accuse us of abandoning our bold, anti-establishment principles in favor of easy victories and low-risk candidates. It’s a baseless charge, which, as usual, displays an ignorance of how we operate and what we stand for.

03/27/2014
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The Dictatorial Senate

Back in November, when Harry Reid’s employed the nuclear option to allow judicial nominees to be confirmed with a simple majority vote, commentators on both sides of the political spectrum had plenty to say about the move. On the right, Reid was criticized for single-handedly uprooting years of Senate tradition and for robbing the minority party of their right to debate. On the left, Reid’s actions were praised as greasing the wheels of government to actually get things accomplished in the face of intractable Republican opposition. Supporters of Reid appealed to a sense of Democracy, arguing that majority should rule and that the sixty-vote threshold is an arcane relic of a different time.

03/25/2014
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Good Riddance to Net Neutrality

There has never been a better example of what economist F. A. Hayek termed “spontaneous order,” complex systems that arise purely through the actions of self-interested individuals, than the wild and wooly growth of the internet over the past few decades. Thanks to the efforts of an enormous number of content providers, innovators, entrepreneurs and investors, the internet sprang from obscurity into one of the most revolutionary tools of wealth creation and information distribution the world has ever seen.

03/24/2014
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Incumbent Dems Push Universal Pre-K

Having already saddled college students with mountains of debt and ensuring that they will be unable to find jobs when they finally do graduate, the Obama administration has turned its attention towards the pre-kindergarten crowd. In his FY 2015 budget the president requested $750 million to expand the federal government’s role in preschool provision for the nation’s youngsters. This effort is right in line with what Democratic Senators have been trying to accomplish through legislation.

03/21/2014