The Lighthouse®
In a normal market producers and sellers compete at solving customers’ problems. Increasingly in health care, the opposite is happening because government regulations have created perverse incentives.
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By Adam B. Summers (Independent Institute, 9/17/20)
Sacramento may be only a two-hour drive from Silicon Valley, but the gulf between the California state capital and the birthplace of the computer revolution can be measured in light years. As explained in the latest California Golden Fleece® Awards report, outdated state computer systems have fallen hard on taxpayers, fostered waste and inefficiencies, and undermined the ability of government agencies to help the people they are supposed to serve.
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By Ronald L. Trowbridge (American Thinker, 9/12/20)
Last month, a federal judge sentenced Hollywood actress Lori Loughlin and fashion designer husband Mossimi Giannulli for paying bribes to help get their daughters into the University of Southern California. Judge Gorton was justified in chastising parties to the Varsity Blues scandal for lying and cheating, but he displayed gross ignorance when he said that college admission rules apply equally to everyone.
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By Alvaro Vargas Llosa (The Washington Times, 9/10/20)
Sparked by the Beirut blast, Lebanon is seething with rage against its political elite. The public should keep in mind that although Lebanon’s current leaders may be corrupt, they are merely a symptom of deeper problems that must be addressed if the nation is ever to regain its former status as the beacon of civility in the Middle East.
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By Art Carden (Forbes, 8/4/20)
If anyone ever doubts that good intentions can morph into bad results, they need look no further than the housing bubble that preceded the Great Recession. Motivated by a desire to boost home ownership, federal housing policies encouraged risky mortgage lending, which led to a foreclosure crisis and a near financial meltdown.
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The Lighthouse® is the weekly email newsletter of the Independent Institute.
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Volume 22, Issue 37: September 22, 2020
By John C. Goodman (Forbes, 9/8/20)
In a normal market producers and sellers compete at solving customers’ problems. Increasingly in health care, the opposite is happening because government regulations have created perverse incentives.
READ MORE »
By Adam B. Summers (Independent Institute, 9/17/20)
Sacramento may be only a two-hour drive from Silicon Valley, but the gulf between the California state capital and the birthplace of the computer revolution can be measured in light years. As explained in the latest California Golden Fleece® Awards report, outdated state computer systems have fallen hard on taxpayers, fostered waste and inefficiencies, and undermined the ability of government agencies to help the people they are supposed to serve.
READ MORE »By Ronald L. Trowbridge (American Thinker, 9/12/20)
Last month, a federal judge sentenced Hollywood actress Lori Loughlin and fashion designer husband Mossimi Giannulli for paying bribes to help get their daughters into the University of Southern California. Judge Gorton was justified in chastising parties to the Varsity Blues scandal for lying and cheating, but he displayed gross ignorance when he said that college admission rules apply equally to everyone.
READ MORE »
By Alvaro Vargas Llosa (The Washington Times, 9/10/20)
Sparked by the Beirut blast, Lebanon is seething with rage against its political elite. The public should keep in mind that although Lebanon’s current leaders may be corrupt, they are merely a symptom of deeper problems that must be addressed if the nation is ever to regain its former status as the beacon of civility in the Middle East.
READ MORE »
By Art Carden (Forbes, 8/4/20)
If anyone ever doubts that good intentions can morph into bad results, they need look no further than the housing bubble that preceded the Great Recession. Motivated by a desire to boost home ownership, federal housing policies encouraged risky mortgage lending, which led to a foreclosure crisis and a near financial meltdown.
READ MORE »
The Beacon: New Blog Posts
- Replacing RBG: A Lesson in Politics, by Randall G. Holcombe
- Germany and the Political Price of Cynicism, by Alvaro Vargas Llosa
- Feds Make Critical Decision on Racist Training, by K. Lloyd Billingsley
- Identity Issues: Probing Woke Culture, by Randall G. Holcombe
- California’s $7.8 Billion Proposition 14 Could Expand Conflicts of Interest in Stem Cell Research, by K. Lloyd Billingsley
- How COVID-19 Blew a Hole in the Federal Budget, by Craig Eyermann
Catalyst: New Articles
- The USPS Needs to Stop Acting Like the CIA, by Ross Marchand
- Why There Are More Fires in California Than the Southeast, by Jon Miltimore
- Kenosha Riots Hit Minority Communities Hardest, by Brad Polumbo
- Only Government Gyms Remain Open in San Francisco, by Jon Miltimore
