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‘Economist’ Paul Krugman Doesn’t Think Risk Deserves Reward

So-called economist Paul Krugman’s latest screed expresses his fury that the GOP’s proposed tax plan would include “a tax break for people whose income comes from owning a business rather than in the form of wages.” He characterizes this policy as proof that “Republicans despise the working class.” Perhaps Krugman ought to revisit Econ 101 …

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Trial by Media is a Political Weapon

Think about the power of the ‘trial by media’ trend as a political weapon. A multimillion-dollar Senate race in Alabama that was effectively unwinnable for the Democrats is now all but theirs after a liberal media outlet found someone willing to tell an unprovable story about something that allegedly happened nearly four decades ago. Even if …

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First They Came… Why ‘Innocent Until Proven Guilty’ Matters More than Ever

What we are seeing today is the normalization of a disturbing trend which has been slowly growing over the last couple of decades: The wholesale destruction of lives and careers through rumors, speculation, and salacious gossip spread by a partisan, agenda-driven media machine. It takes no proof and no real evidence for this character assassination …

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UBI Proposals Prove Welfare Critics Have Been Right All Along

If there is anything positive to be said about the growing chorus of voices (see here, here, and here) advocating a “Universal Basic Income” or UBI, it’s that the long-term critics of the welfare state have at last been proven correct. The flowery language of “safety nets” and “a hand up, not a handout” has always …

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Why the insurance model doesn’t work for healthcare

Healthcare is costing Americans trillions of dollars every year, yet they keep demanding more and more of it—all at little or no cost to themselves, of course. The underlying problem with healthcare costs becomes quite evident when you look at the likelihood of being diagnosed with cancer at some point in your life (50%), the …

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Coercion versus persuasion and the definition of force

I was recently involved in a discussion involving the allegation that someone forced another person into making certain choices regarding their line of work. The details or identities are not important, but I would like to touch upon the subject of what constitutes force from the libertarian perspective. It is, I think, important to remember …