Middle-class households feel the pinch of rising costs associated with environmental regulations that impose additional taxes and stringent penalties for not towing the “green line.” In Paris, for instance, if a building is old and fails an energy efficiency assessment, it can result in substantial financial burdens. Owners of thermally inefficient homes … Read more
Carbon capture is a key component to meet the utopic goals of the Paris climate accords. Everywhere, businesses are positioning to lessen their carbon footprints. They are buying carbon credits to offset their unavoidable emissions. Carbon capture involves processes that industries can filter carbon dioxide from their emissions, especially in energy production. … Read more
The latest liberal plan to save the nation is the Administration’s American Families Plan. It is heralded as a lifesaver for struggling families. Finally, Americans can supposedly enjoy the long-overdue benefits similar to those enjoyed by citizens benefiting from Europe’s extensive social safety net. The Plan’s wish list is impressive. There is … Read more
In the crazy COVID world of employment, governments forced firms to have employees work from home remotely. Like so many “temporary” measures to reduce exposure, the changes are fast becoming permanent. Employees are staying home, even though the home’s distractions impact work quality. A Deutsche Bank study by Luke Templeman proposes that … Read more
It is not enough that Californians already pay some of the highest taxes in the U.S. With fuzzy logic, it now wants to impose another income tax increase coupled with a wealth tax in the Golden State! The 2020 State Business Tax Climate Index, produced by the Tax Foundation, ranks California near … Read more
Between a Rock and a Hard Place America is stuck between a rock and a hard place. The nation must decide whether to ratchet up enforcement of non-essential business closures or allow production to resume. While we need to address the spread of the coronavirus with prudent measures such as social distancing … Read more
Economics can be a brutal science. Its focus is limited to a particular part of human activity that deals with the process of wealth creation, acquisition, production, and consumption. It measures what has, and not what should have, been done. Economics is also a science of measurements. By calculating profits and losses, … Read more
A good definition of a liberal might be someone who tries to ignore the actual nature of reality. Thus, many politically correct formulations distort reality even to the point of denying the differences between the sexes. Ignoring the nature of reality can get particularly dangerous when applied to economics. The nature of … Read more
The Holy Roman Catholic Church is the natural enemy of the secular left. Battles between these two forces have gone on for centuries—long before the term “secular left” came into common usage. In those struggles, the left has employed every weapon it could find to use against the Church. All too often, … Read more
On February 20, 2019, the Supreme Court took an important step to protect property rights. Even more encouraging is the fact that the decision was unanimous. If readers were unaware of the case of Timbs v. Indiana, that is hardly surprising. That week, news of Rep. Alexandria Ocasio-Cortez’s “Green New Deal” dominated … Read more