The Lighthouse®
The Massachusetts Democrats proposal to wipe out most student loan debt is mind-boggling in the potential harm it would pose to our nation. It is unfair to the tens of millions who have faithfully repaid their student loans and would prompt future borrowers to consider shirking their debt payment obligations in anticipation of another bailout. READ MORE »
By Art Carden (Forbes, 4/22/19)
President Trumps 2018 tariffs on washing machines raised washer and dryer prices an estimated 12 percent, costing consumers about $1.5 billion per year and bringing in only $82 million in tariff revenues. The tariffs created about 1,800 new jobs, but at an annual cost to American consumers of about $820,000 per job. READ MORE »
By Raymond J. March (The Beacon, 3/26/19)
A pharmaceutical companys announcement of the first ever generic insulin in the U.S. market is welcome news for diabetes patients who have faced distressing trade-offs as a result of rising prices for name-brand insulin. But this good news should force us to squarely face the main cause of the rising prices: U.S. patent laws and FDA regulations. READ MORE »
FDAReview.org
By William F. Shughart II and Brian Isom (Catalyst, 4/29/19)
Nearly a century of anti-wildfire sentiments has damaged forest ecosystems and driven up the cost of preventing and controlling wildfires. Its time to embrace fire as a natural part of the American landscape and a crucial means of preventing devastating blazes. READ MORE »
By Ronald L. Trowbridge (The Hill, 4/7/19)
Grade inflation at colleges and universities is a far worse scandal than cheating to get into a good school. Some schools are beginning to address the problem by including classroom grade distributions on student transcripts, thereby providing helpful context for students, parents, and prospective employers. READ MORE »
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Volume 21, Issue 17: April 30, 2019
By Richard K. Vedder (Forbes, 4/23/19)The Massachusetts Democrats proposal to wipe out most student loan debt is mind-boggling in the potential harm it would pose to our nation. It is unfair to the tens of millions who have faithfully repaid their student loans and would prompt future borrowers to consider shirking their debt payment obligations in anticipation of another bailout. READ MORE »
By Art Carden (Forbes, 4/22/19)
President Trumps 2018 tariffs on washing machines raised washer and dryer prices an estimated 12 percent, costing consumers about $1.5 billion per year and bringing in only $82 million in tariff revenues. The tariffs created about 1,800 new jobs, but at an annual cost to American consumers of about $820,000 per job. READ MORE »
Making Poor Nations Rich
Entrepreneurship and the Process of Economic Development
Entrepreneurship and the Process of Economic Development
Edited by Benjamin Powell
By Raymond J. March (The Beacon, 3/26/19)
A pharmaceutical companys announcement of the first ever generic insulin in the U.S. market is welcome news for diabetes patients who have faced distressing trade-offs as a result of rising prices for name-brand insulin. But this good news should force us to squarely face the main cause of the rising prices: U.S. patent laws and FDA regulations. READ MORE »
FDAReview.org
By William F. Shughart II and Brian Isom (Catalyst, 4/29/19)
Nearly a century of anti-wildfire sentiments has damaged forest ecosystems and driven up the cost of preventing and controlling wildfires. Its time to embrace fire as a natural part of the American landscape and a crucial means of preventing devastating blazes. READ MORE »
By Ronald L. Trowbridge (The Hill, 4/7/19)
Grade inflation at colleges and universities is a far worse scandal than cheating to get into a good school. Some schools are beginning to address the problem by including classroom grade distributions on student transcripts, thereby providing helpful context for students, parents, and prospective employers. READ MORE »
The Beacon: New Blog Posts
- NFL Draft Drama, by K. Lloyd Billingsley
- Wave of Red Ink Set to Strike Social Security, by Craig Eyermann
- A Check-Writing, Wealth Redistribution Machine, by Craig Eyermann
- Counting the True Cost of Government Monopoly Health Care, by K. Lloyd Billingsley
- Shampoo, the Sequel, by K. Lloyd Billingsley
Catalyst: New Articles
- If You Love Forests, Let Them Burn, by William F. Shughart II and Brian Isom
- State Flexibility Is Key to Improving Medicaid, by Ross Marchand
- Kim Kardashian Proves You Dont Need Grad School, by Kristiana Bolzman
- Wabash Democracy and Public Discourse Initiative, by Alexandra Hudson
- The Verdict on Tax Day 2019: Less Painful Than Its Predecessors, by Luka Ladan