By Daniel J. Mitchell When I did this video about public-sector compensation almost 10 years ago, I focused on why it is unfair that bureaucrats get much higher levels of compensation than people working the private sector. Today, let’s consider the economic consequences of excessive bureaucracy. And what will make this column particularly interesting is that I’ll … [Read more...] about The Adverse Impact of Government Bureaucracy on Private Employment
Regulations
Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
By Graham Smith Thanks to the EU’s most recent money laundering directive, a small business called Post-a-coin, which sold cute postcards pre-loaded with tiny amounts of bitcoin, is being forced to shut down. Meanwhile, the most heinous criminals in history are continuing to facilitate violence, trafficking and laundering of cash with impunity. Also Read: Why the Counter … [Read more...] about Unnecessary Evil: How Government Regulations Kill Crypto Startups and Encourage Crime
Why the Counter Economy Is Necessary to Bitcoin’s Survival as a Disruptive Currency
By Graham Smith As Bitcoin is adopted by more and more traditional financial institutions, and becomes regulated by governments worldwide, the question of its survival as a truly disruptive alternative to legacy financial systems is raised. After all, if governments like Qatar’s can ban it, and international banking laws like AMLD5 can push bitcoin-friendly companies out of … [Read more...] about Why the Counter Economy Is Necessary to Bitcoin’s Survival as a Disruptive Currency
“We” Should Not Regulate Homeschooling
By Kerry McDonald The desire to control other people’s ideas and behaviors, particularly when they challenge widely-held beliefs and customs, is one of human nature’s most nefarious tendencies. Socrates was sentenced to death for stepping out of line; Galileo almost was. But such extreme examples are outnumbered by the many more common, pernicious acts of trying to control … [Read more...] about “We” Should Not Regulate Homeschooling
Unsung Heroes: Private Food Inspectors
By Robert E. Wright It’s my 51st and I am happy to say that I have not died, even once, of food poisoning or other food-related illnesses. I can safely assert the same of anyone reading this, despite recent government shutdowns that disrupted food safety inspections. Many people believe we need government inspectors to keep the food supply safe, but they are full of it, and … [Read more...] about Unsung Heroes: Private Food Inspectors