The U.S. Should Be More Like Hong Kong

October 1, 2018 – John Tamny …… The fact that Hong Kong is a duty-free marketplace is a major driver of its immense prosperity. Politicians in other countries can learn an important lesson from Hong Kong’s authorities, who do not make “trade deals.” Continue reading →

The ‘Right to Try’ War Was Actually Won on the State Level

September 26, 2018 – Michael Maharrey …… On May 30th, President Donald Trump signed the federal Right to Try Act into law, which allows terminally ill patients to access investigational treatments that have not received final FDA approval. The passage of the law got most of the attention, but in truth, Congress and Trump simply smeared some icing on the cake. Continue reading →

Mike Pence’s Hypocritical Speech to the OAS

September 25, 2018 – Jacob Hornberger …… While the Vice President pointed out in his OAS speech the massive violations of civil liberties in Venezuela, Nicaragua, and Cuba, he forgot to mention what has been occurring on the U.S. side of Cuba, at Guantanamo Bay, the military base that U.S. officials forced Cuban officials to grant them more than a century ago. Indefinite detention. Why, there are now people at the Pentagon-CIA prison in Cuba that have been denied a trial for more than a decade! Torture. Denial of due process. Hearsay in trials (if they ever have trials). Kangaroo military tribunals. In other words, the same type of “judicial” system that is found in communist and other totalitarian regimes. Continue reading →

Lehman Brothers and the 2008 Financial Panic: Learning the Right Lessons

September 20, 2018 – Robert Murphy …… In the wake of Lehman’s collapse, a familiar refrain from government officials, academics, the news media, and even Hollywood served to cement the “lessons” that deregulation and greed were the main causes of the financial crisis, while bold political intervention spared Americans from another Great Depression (the last time policymakers allegedly stood back and did nothing). There’s just one problem with this narrative: Every single element of it is false. Continue reading →