February 24, 2017
Last week, the Bill and Melinda Gates Foundation released its annual letter, celebrating its investments in the developing world. Following their typical upbeat style, this year’s letter served as a thank-you note to their friend and fellow philanthropist, Warren Buffett. Buffett, who has donated a substantial portion of his fortune to the Foundation over the years, recently wrote a letter asking what humanitarian return there has been on his investment. The Gates Foundation provided this summary of its report back:
It’s a story about the stunning gains the poorest people in the world have made over the last...
February 21, 2017
February 16, 2017
The United States recently slipped to its lowest level yet in world rankings of economic freedom compiled by the Heritage Foundation and The Wall Street Journal. As The Hill notes:
In the latest report, the U.S. ranks 17th out of 180 countries with an economic freedom score of 75.1 out of 100. Last year, the U.S. ranked number 11.
Hong Kong, Singapore, and New Zealand topped the list, with respective scores of 89.8, 88.6, and 83.7. Other countries that placed ahead of the U.S. included Canada, Taiwan, and Britain, among others.
The Heritage report said countries with scores...
February 10, 2017died this week, and tributes and encomia are proliferating from admirers around the world. My...
February 9, 2017most exciting in Super Bowl history. Moreover, some viewers have decided that Super Bowl LI is the first broadcast in recent history in which the...
February 8, 2017Economic Policy Institute blamed trade with China for the loss of 3.4 million manufacturing jobs since 2001. Don Boudreaux of George Mason University analyzes this claim in detail...
February 3, 2017
January 27, 2017
Our friends at the MacIver Institute in Wisconsin have a new video out on local government budgets and the temptation to spend taxpayer money on questionable “economic development” projects and tourist events like the town of Edgerton’s Harry Potter Festival.
In the end the town Edgerton declined to spend $200,000 to pay for amenities for the festival, and the organizers were free to continue hosting on their own dime.
January 25, 2017
Today, on his birthday, people everywhere will raise a dram to Scottish poet Robert Burns, who most famously penned “Auld Lang Syne.”
But liberty lovers the world over may know Burns best for the immortal lines from “The Author’s Earnest Cry and Prayer”:
Arouse, my boys! exert your mettle,
To get auld Scotland back her kettle...
Freedom an’ whisky gang thegither!
Written in protest of the Scottish Distillery Act of 1786, Burns’ rallying cry and his fellow Scots’ outrage at the whiskey tax was heard. In the updated footnotes of his “...
January 20, 2017
Our young friend Jared Meyer, currently a senior research fellow at the Foundation for Government Accountability, recently joined Learn Liberty’s Evan Swarztrauber to discuss his book Disinherited: How Washington Is Betraying America’s Young.
Jared points out that not only are young adults today accomplishing far more than they’re generally given credit for, they’re doing so while facing more government barriers to success than ever before. On this same theme, see Fred Smith in Forbes on The Next...