Friday, May 31, 2019

In the news, Thursday, May 23, 2019


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MAY 22      INDEX      MAY 24
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from Mises Institute
RIGHT-CENTER BIAS, MIXED


Government-Created Monopolies Are Everywhere
Free market economists have argued correctly that monopoly results from government intervention. However, they have largely ignored the prevalence of monopolies (including oligopolies). Throughout American history, politicians have incessantly awarded preferential policies (e.g., “corporate welfare”) to special interests that has allowed them to create monopolies dominating virtually every major market.

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from The Spokesman-Review
Newspaper in Spokane, Washington

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from USA Today

Rural Americans would be serfs if we abolished the Electoral College
Should rural and small-town Americans be reduced to serfdom? The American Founders didn’t think so. Credit the American Founders with setting up a system of limited government with lots of checks and balances. The U.S. Senate makes sure all states are represented equally, even low-population rural states like Wyoming and Vermont. Limits on federal power, along with the Bill of Rights, are supposed to protect Americans from overreaching federal regulations. And the Electoral College makes it impossible for one population-dense region of the country to control the presidency. But history shows that city dwellers have a nasty habit of taking advantage of their country cousins. This is why Hillary Clinton lost in 2016. Instead of winning over small-town Americans, she amassed a popular vote lead based on California and a few big cities. She won those places with huge margins but lost just about everywhere else. And the system worked. The Electoral College requires more than just the most raw votes to win — it requires geographic balance. This helps to protect rural and small-town Americans.

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