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Higher Revenues with Lower Taxes? The Laffer Curve Explained
The idea that higher revenues can be raised by lowering tax rates seems counter intuitive to many. In fact, politicians who campaign on lowering taxes are often derided as liars, especially in light of budget deficits. It is often asked: how can anyone promise to cut taxes when the government is already short on revenue?…

10 Facts About Mexican Cartels
9. The US government has provided billions in aid and military training to the Mexican government to combat the cartels. But it appears that legal weed in Colorado and Washington may actually do more to hurt the cartels’ bottom line. Massive drops in wholesale prices due to legal weed have led Mexican farmers to stop…

10 Ways Government Stifles Competition
Photo by Tony Webster Innovations based on information technology are also under attack, by government directly or from competitors by way of government. In June of 2013, Time magazine reported on the case of FlightCar, an upstart car rental service which connects car owners and renters via mobile internet. San Francisco International Airport is no…

Subsidies are the Steroids of Business
When the use of steroids and performance enhancing supplements became widespread in Major League Baseball, fans were in outraged. If some players had an unfair advantage over others, it sullied the entire sport. Americans who followed baseball felt cheated and duped. Congress even got involved, citing The Federally Controlled Substances Act and anti-trust exemptions held…

10 Historical Conflicts Still Relevant Today
The Troubles is the common name for the ethno-nationalist conflict in Northern Ireland that spilled over at various times into parts of the Republic of Ireland, England and mainland Europe.

Should the US “Normalize” Relations with Cuba?
Should we trade with despots? After 5 years in captivity, US contractor Alan Gross was released today as part of a deal brokered by President Obama. The imprisonment of Mr. Gross has been an issue of much resonance with me. I previously wrote a piece featured in The Daily Caller about Mr. Gross case, calling…