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"Is the Student Loan Bubble About to Burst?"
"Yes. Yes it is."
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Student Loans Are Another Bubble Ready to Burst

If there’s one group of people who are getting a raw deal these days, it’s the young. The unemployment rate among 16- to 19-year-olds is a whopping 19.1 percent, ObamaCare is raising the costs of health insurance for young people by compelling them to subsidize their parents and grandparents, and the current generation of politicians continues to rack up debt that will one day have to be paid for at future generations’ expense.

05/21/2014
"Establishment Republicans Break Their Own Rules in Opposing Amash"
"Justin Amash is one of the great champions of liberty in Congress. Why do Republicans want to unseat him?"
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Establishment Republicans Break Their Own Rules in Opposing Amash

Ever since the emergence of the tea party in 2009, the media narrative has been pre-written and ready to deploy at opportune times. Embodying the intense frustrations of ordinary Americans with so-called limited-government Republicans who were forever raising taxes, increasing spending, and incurring more debt, the tea party demanded that their representatives keep their promises, and adhere to principle over politics. Otherwise, when the next election cycle rolled around, they would be fully prepared to throw the bums out.

05/16/2014
"The FCC Approves New Net Neutrality Proposal"
"And that's terrible."
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The Return of Net Neutrality: FCC Approves New Proposal to Regulate the Internet

Today, the FCC voted on a new proposed rule that governs how the internet, with respect to service providers and their ability to set prices, will be regulated. The hearing came down to a vote of 3-2 down party lines in support of the proposal, whith Republicans siding against the rule. After a court decision earlier this year that struck down previous net neutrality standards but preserved the FCC’s authority over internet regulation, the agency has been struggling to come up with rules that don’t make absolutely everyone angry. As in the case of most compromises, this has been a dismal failure.

05/15/2014
"Keep the Digital Wild West Wild"
"Government regulations are stifling new and innovative business models."
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Keep the Digital Wild West Wild

UPDATE 6-5-2014: In their continuing efforts to ruin all that is good and decent in the world, the Virginia Department of Motor Vehicles has sent cease and desist letters to two car service companies, Uber and Lyft, operated through mobile apps. While these services provide safe, efficient, and affordable options for people to get from point A to point B, the DMV apparently thinks it is more important to protect the oligopolies of cab companies, not to mention their own revenues, than to allow consumers to buy services they overwhelmingly enjoy.

05/13/2014
"Will Lois 'Lerner' Lesson?"
"Now that the House has voted to hold Lois Lerner in contempt of Congress, will we finally get answers about the IRS targeting scandal?"
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Will the Contempt Vote Make Lois ‘Lerner’ Lesson?

Yesterday’s vote to hold former IRS official Lois Lerner in contempt of Congress represents another step forward in the ongoing quest to hold the agency accountable for the discrimination it practiced against conservative non-profit groups in the 2012 presidential election.

05/08/2014
"What are the Three Cs of ObamaCare's Unintended Consequences?"
"A new study confirms that the law is riddled with corporatism, cronyism, and cancellations."
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Cronyism, Corporatism, and Cancellations: The Three Cs of ObamaCare's Unintended Consequences

Question: What do you get when you pass a law consisting of thousands of pages of regulations too numerous and complex to be understood by anyone? Answer: Unintended consequences.

05/02/2014
"Is Amazon Cheating on the Internet Sales Tax?"
"There's nothing wrong with keeping Amazon tax-free, but the online retailer wants to use taxes to stifle competition."
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Amazon Is Not "Cheating" on the Internet Sales Tax

The National Bureau of Economic Research recently published the shocking finding that raising taxes on a service causes people to use less of that service. Despite this having been common knowledge to economists and non-economists alike for literally hundreds of years, much is being made of the study, which focuses on how the internet sales tax affects consumers’ use of Amazon.com.

05/01/2014
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Climate Hubs Continue Agricultural Cronyism

Agricultural protectionism is nothing new. In 1892, President Grover Cleveland took a principled stand for limited government by vetoing a bill to bail out farmers from a crop-destroying drought. This is a portion of his response to the requested subsidies:

04/29/2014
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FCC's New Rule is Net Neutrality Lite

Proponents of net neutrality claim that all web traffic should be treated equally. This sounds nice on paper, but in fact not all web traffic is equal. Some sites, like Netflix and Youtube, suck up vast amounts of bandwidth by hosting popular video content. Bandwidth, as it turns out, doesn’t grow on trees. It must be generated at a cost to internet service providers. The big question is: who should ultimately be forced to bear this cost?

04/25/2014
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Protecting Private Property

The last clause in the Fifth Amendment to the U.S. Constitution reads, “nor shall private property be taken for public use, without just compensation.” This is the provision used to defend the use of eminent domain laws, in which the government seizes private property without the consent of the owner, in order to serve some public purpose. Railroads, interstate highways, and other projects that require large swaths of land are frequently cited as justifications for the law, as it is unlikely that they could have completed—at least not without a significantly higher cost—if private land owners could simply refuse to sell to the government, regardless of the offered price.

04/23/2014

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