Business and Industry
Trump’s deals with Intel and others are a form of socialism
One danger of nationalism, Friedrich Hayek warned in 1960, was the "bridge" it provides "from conservatism to collectivism." "To think in terms of 'our' industry or resource," he wrote,…
Trump used Biden-era CHIPS Act funding for Intel deal
In March, President Donald Trump blasted the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act of 2022. He called it "a horrible, horrible thing." Passed under President Joe Biden, the…
Democrats offer a false choice between socialism and technocracy
The unity that once held the Democratic Party together has given way to ideological meandering, oscillating between "woke" moralistic left-wing populism and technocratic managerialism. These two impulses now define…
Trump says he hates socialism. So why is he acting like a socialist?
"America will never be a socialist country!" says President Donald Trump. I hope not. Trump rightly declared socialism "the wrecker of nations and destroyer of societies." But I fear he's confused…
California’s minimum wage hike for fast-food workers is killing jobs
In 2023, California adopted a law that raised the minimum wage to $20 per hour. It also created a Fast Food Council with the power to further increase wages by dictate every year. Twenty bucks an hour is a nice, round number…
Is Donald Trump a socialist?
https://www.youtube.com/watch?v=nnjnUm8s7Y4 Recently, a handful of people—none of whom have ever invited me to their birthday party—accused President Donald Trump of being a socialist. Gavin Newsom, who many pundits credibly…
The government shut down his Dallas small business—for someone else’s crime
When there's crime, I blame the criminal. But Dallas politicians blamed a business. Dale Davenport owned Jim's Car Wash. But five years ago, after a shooting at the property, the city ordered him to shut it down.…
Progressive lawmakers want to ban dynamic pricing at restaurants
Gig companies like Uber and Lyft have popularized the economic concept of dynamic pricing (also known as "surge pricing"), making it a common phenomenon in our modern economy. Now, some restaurants are also…
iRobot faces bankruptcy after Elizabeth Warren helped kill Amazon merger
A struggling American manufacturer may soon face bankruptcy. This was not just the result of low sales, but of government regulators butting in. Online retail giant Amazon announced in August 2022 that it had agreed to…
Mamdani’s $5 billion corporate tax hike threatens NYC’s status as world’s financial capital
Zohran Mamdani has put forth many bold—and expensive—proposals in his New York City mayoral bid, including childcare for all, government-run grocery stores, and free buses. He's planning to pay for these proposals with…
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