President Trump’s discretionary budget proposal includes a $182 million cut to the McGovern-Dole Food for Education program, eliminating the program entirely. Whatever else one thinks of Trump’s budget, this is a good idea.
It will save taxpayers a small amount of money, which is nice. But far more importantly, canceling the program will also likely help the former recipients.
Continue reading Help That Hurts: The Case of US Food Aid
Are drug companies making their customers live longer at the expense of their customers?
This would seem to be the conclusion drawn from internal memos and emails of major pharmaceutical companies leaked last week which offer a sickening glimpse into the world of that life-extending, profit-seeking world.
Continue reading Greedy Drug Companies Extending Customer Lifespans for Profit
Vancouver has a housing problem. The latest government solution is going to make it worse. Continue reading Vancouver, BC Has Ambitious Plan to Make Housing Crisis Worse
Let me tell you a story.
Ever with good intentions, Congress passes a law to further regulate a market that was already heavily regulated beforehand.
Private businesses try to participate in this market, only to find that they continuously lose money, year after year.
Said private businesses cease participating in this market in order to stop losing money, and focus their efforts elsewhere.
How would a reasonable person describe the behavior of the businesses? Rational, prudent, obvious?
Continue reading Obamacare Meltdown Shows the Importance of Profits