During the interview, which you can listen to below, Sally and I discuss the current and future perils awaiting America’s healthcare system under President Obama’s signature piece of legislation, how progressive healthcare policy has caused regressive consequences, what “single-payer” healthcare looks like and why Ms. Pipes thinks we are headed down that road, the Pipes plan to fix America’s healthcare system, her cameo in Michael Moore’s “Sicko” and much much more:
Tag: Free Market
Over at The Federalist, I write about how the SEC is subverting perhaps the only piece of pro-market legislation passed during the Obama administration in the so-called “crowdfunding” component of the JOBS Act.
This bill was supposed to democratize startup funding by allowing you and I to invest in the next Uber. Instead, in its implementation of the law, the SEC is completely undermining that aim and discouraging companies from availing themselves of crowdfunded equity altogether.
Here is a taste of the piece:
Market participants in crowdfunding would invest in companies with varying levels of disclosure on varying terms based upon risk-reward payoffs they deem appropriate. In fact, while startups are loathe to provide detailed information on their operations, some companies would voluntarily provide more robust disclosures to entice greater investment on more company-friendly terms, thereby creating a potential race to the top without government coercion.
Moreover, market participants are perfectly capable of determining for themselves how much money they should invest in speculative startup ventures. Americans are free to spend as much as we want on everything from doughnuts to liquor and lottery tickets. Investing in startups may provide only marginally better odds than the latter; at the very least it has the upside of leaving us thinner and sober. Why should government leave us free to choose on how we spend on some things, but not others?
Read the whole thing here.
Featured Image Source: JoBlo.
GenFKD (“FKD” standing for “Financial Knowledge and Development”) is a group run by millennials for millennials intently focused on educating peers on the basics of personal finance and economics.
This is a critical project at a time when financial literacy rates among young Americans are low, and the job market is incredibly difficult.
I penned a four-part series for GenFKD on education reform and its pivotal role in both developing America’s human capital and aiding in socioeconomic mobility, thereby driving a flourishing society and dynamic economy.
Check it out below:
I spoke about it with TheBlaze’s Mike Opelka starting at 21:43 below:
Featured Image Source: YouTube screengrab/Reason.
“I mean, say what you want about the tenets of National Socialism, Dude, at least it’s an ethos.” – Walter Sobchak in “The Big Lebowski“
When news broke that the Congressional Budget Office Report indicated that the equivalent of 2.5 million jobs would be lost by 2024 under Obamacare, to a chorus of laughable cheerleading that the “job-locked” would be “liberated” and America could now restore its national “work-life balance,” one man came to mind: Jeffrey Lebowski, properly known as the Dude, or, uh, His Dudeness, or uh, Duder, or El Duderino if you’re not into the whole brevity thing.
For I would submit that the explicit purpose of the progressive agenda is to create a nation of Lebowskis (Dudes) and Julias (Dudettes), or at least a two-class system in which big business and big labor are protected by government in the way that the Mafia protects your friendly local butcher, while Lebowskis and Julias are showered with benefits in exchange for votes.
If I sound cynical it’s because I’ve been watching a lot of “House of Cards” lately (culture matters).
In a wide-ranging interview with Blaze Books in connection with his newest title, JFK, Conservative, Ira Stoll provided his insights on JFK’s political ideology, religiosity, foreign policy views and a whole host of other topics. Below is the final part of our interview, conducted via email. You can find Part I here and Part II here. The interview has been slightly edited for clarity.
In your book you indicate that JFK took a number of public stances that were fiscally and monetarily conservative. Who were some of the thinkers that influenced his economic philosophy?
Stoll: His father was a successful businessman who was quite concerned about the flow of gold. His Treasury Secretary, Douglas Dillon, was a Wall Street Republican who wanted tax cuts. Kennedy’s friend Phil Graham, the owner and publisher of the Washington Post, was also pushing Kennedy for tax cuts to spur economic growth. I also detect in Kennedy’s speeches the influence of a libertarian writer named Albert Jay Nock, author of a book called Our Enemy, the State and of an introduction to Herbert Spencer’s The Man Versus the State, both of which were on Kennedy’s bookshelf.
How do we reconcile the more leftist items on Kennedy’s agenda such as increased social spending with his ideological principles?
Stoll: Increased social spending wasn’t an item on Kennedy’s agenda, at least not in any significant way that he fought for or achieved while in office. He gave a speech or two in favor of Medicare and for increased aid to education, but liberals within the administration were disappointed that instead of pushing for those things he focused on free trade and the tax cuts. Anyway, one can be for a modest government safety net for the elderly, disabled, and mentally ill, and for efforts to expand opportunity to the young through education, as Kennedy was and as many conservatives are even today, while still being skeptical of or resistant to the excesses of the ever-expanding federal welfare state.