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The Lighthouse®

The Lighthouse® is the weekly email newsletter of the Independent Institute.
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Volume 27, Issue 30: July 23, 2024

K. Lloyd Billingsley (American Spectator)
Gov. Newsom is extending California’s Covid crackdown. Could there be a better example of Robert Higgs’s “Rachet Effect” (government seeking to make permanent temporary ‘emergency’ powers) than Newsom’s Orwellian new “SMARTER Plan”? Its details will shock you. READ MORE »



William F. Shughart II
What can baseball’s 1973 decision to allow designated hitters teach us about the important economic concept of “moral hazard”? Much more than you think.... READ MORE »

Risky Business
Insurance Markets and Regulation
Edited by Lawrence S. Powell


Richard K. Vedder (American Spectator)
Today’s college-aged Americans are the first generation in American history to know less about important consequential things than their parents or grandparents. Who’s at fault? Not the kids. READ MORE »




Ivan Eland (National Interest)
Contrary to the views of many, the Framers did not create three “co-equal” branches of government. Congress was meant to be the dominant branch. The Supreme Court, with its recent presidential immunity ruling, just took a hammer blow to that constitutional arrangement. READ MORE »





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