I Call BS! The Shortage of Truckers is a Result of Deliberate Policy!

Nowhere in this article does it mention the systematic policy attack on truckers. Extreme restrictions on truckers’ flexibility over when to drive has crushed productivity–rising wages or line-hauls won’t make up for having to spend more hours idle for every delivery. Demand for truckers is going up not only as demand for transportation has increased … Read more

Very Clever, Mr. Musk! (follow-on to yesterday's post)

Yesterday, in my post, The Musk Special: Government-Privilege Two Ways, I pointed out how government policy, government subsidies, government-sponsored research and government regulation are crucial to Elon Musk’s Tesla empire, complete with examples of plummeting electric vehicle sales in markets where governments stopped fostering them. This guy’s success is clearly dependent on government policy, and … Read more

Public-Private Partnership Is NOT a Libertarian Concept!

Privatized Isn’t the Same as Private Several years ago, when I saw protests in Europe against austerity and privatization, I thought they were misguided. If a country is powering down the welfare state in favor of free enterprise, the people should be happy. Then I realized that privatization isn’t exactly free enterprise. Often it involves … Read more

Regulations Are For Cronies…

This is how regulations favor big business…I wrote a whole article about this mechanism coming down in the budding pot industry (seriously, that was not intended!), but today’s Journal put it so simply, so elegantly, I had to share it. Different Sector, Same Principle… Trump Treasury Pick Could Boost Small Banks Mnuchin’s background suggests he … Read more

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