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Economics

  • 7 Ridiculous Examples of Government Waste in 2023

    7 Ridiculous Examples of Government Waste in 20233

    Almost nobody doubts that the federal government wastes a lot of money. Every day we hear stories of fraud, mismanagement, and misplaced priorities that cost taxpayers millions, and sometimes billions, of dollars. But just how much money is wasted? In his annual Festivus report—named after the fictional Seinfeld holiday—Senator Rand Paul tallies up some of the most

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  • Henry Ford’s Pro-Family Initiative That Rocked the World

    Henry Ford’s Pro-Family Initiative That Rocked the World2

    One hundred and ten years ago this week, a Motor City magnate put his money where his mouth was. On 5 January 1914, Ford Motor Company doubled the wages of employees to $5.00 per day, incentivising assembly-line work. It was Henry Ford’s idea. The Detroit Journal’s headline “Henry Ford Gives Ten Million in 1914 Profits to His

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  • Land of the Free – An Update

    Land of the Free – An Update9

    Last year, I described a zoning kerfuffle that had gotten me into hot water with our local county authorities. I had, in a fit of naïveté, built a small wooden platform, put a canvas yurt on it, and rented it out as a popular “glamping” destination. Thinking that my rights as an American, private-property landowner made

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  • What Carpool Lanes Can Teach Us About Privatization

    What Carpool Lanes Can Teach Us About Privatization6

    I recently took a car trip of about 150 miles. I’m still recovering from it, as I drove by myself and practically every mile was bumper to bumper (I exaggerate, but only slightly). So, I sat, stewed, and twiddled my thumbs. (I did so to baroque music, so it wasn’t a total waste, but still.…)

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  • Steamboat Willie and Intellectual Property

    Steamboat Willie and Intellectual Property1

    You’ve likely already seen him freely used across the Internet over the last two days. As of 2024, Steamboat Willie, the cartoon which introduced Mickey Mouse, entered the public domain. This means that Steamboat Willie and its depictions of Mickey Mouse is fair game for any usage (I’d guess Disney likely will still try to

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  • Two Strategies for Making Better Financial Choices in 2024

    Two Strategies for Making Better Financial Choices in 20242

    The Aesop Fable known as The Ant and the Grasshopper offers a profound commentary on life and work. Its moral is at once striking and compelling, regardless of the reader’s background. One version of the fable goes as follows: One bright day in late autumn a family of Ants were bustling about in the warm sunshine, drying out

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