In this 18-minute speech, Rupert Murdoch extols the morality of the free markets, decries the supposed virtues of redistribution, explains the differences of pro-free market and pro-business, and discusses the worldwide phenomenon of cronyism:
In this short video Emily Broad Leib discussed the problem of regulations around the term “organic,” and how the government’s involvement has benefited Big Ag and harmed small farmers.
Reason Magazine, through Reason TV has recently lunched this interview with Max Borders. Borders is the director of content at the Foundation for Economic Education (FEE) and editor of its flagship publication, The Freeman. In this interview with Nick Gillespie, Borders says that focusing on the gap between rich and poor has become a “fetish” in which people are consumed with the idea that America is no longer an economically mobile society.
The Nevada Journal points out a specific situation where regulations have led to financial hardship. Consider the Las Vegas Zoo, where:
In the past 18 months, local government entities such as the City of Las Vegas, Nevada OSHA, and the Department of Labor have fined the zoo as much as $50,000 for citations such as using a three-prong adaptor.
The Nevada Journal reports that Nevada business licensing requirements put one small business owner out of the market because she didn’t have the license. She has been informed that the application process could take six to eighteen months.
“To not be able to do business from a minimum of six months to a year and half makes no sense,” said Davis, “just because you’re waiting on a license.”
The personal impact of regulations and licensing laws comes through in a series of interviews by the Nevada Journal. Consider Amy’s story, and how she had to pay thousands of dollars for two sets of licenses:
Doug Smith, a Fox 13 investigative reporter, highlights the growing trend of using economic incentives to entice companies to move to a particular state. The questions remains, would they have come anyway?
Americans may be tired of government bailouts for the politically connected at the expense of everyone else. But we shouldn’t be surprised.
Watch Professor Diana Thomas of Utah State University explain how our government makes lobbying and corruption a surprisingly profitable investment business.
This video by author Peter Schweizer and filmmaker Stephen K. Bannon shows just how rich Washington DC has gotten – at the expense of the rest of the country.
Reason TV recently put out a video about the bankruptcy of Curt Schilling’s video game company in Rhode Island, showing a great example of how cronyism can go bad: