Category: The Beacon
The Economic Costs of the National Debt and How to Avoid Them

One week ago, noted Stanford University economist John Taylor testified at a hearing before the U.S. House of Representatives’ budget committee, whose members are reexamining the economic costs of the national debt. After the hearing, Taylor summarized his remarks and reflected on previous testimony he provided on a related topic back in 2015:

Only Markets Can Alleviate Drug Shortages

The American Heart Association finds that over 1 million heart attacks occur in the United States every year. Fourteen percent of all heart attacks are fatal. Many heart attacks and other cardiovascular issues result from heart disease, which is even more common (and often more deadly). When a heart attack happens, victims need immediate...
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Eight Turkeys of Government Waste That Survived Thanksgiving

Senator Rand Paul last week released a Fall 2019 edition of his Waste Report, describing some of the more unusual ways in which bureaucrats have wasted U.S. taxpayer dollars in recent years. Because many of us were either traveling for Thanksgiving or were otherwise distracted with holiday plans, it pretty much flew under the...
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Cal Fire’s Nothing Burger Lawsuit

“Fast food chain In-N-Out was responsible for a 2017 grass fire in rural Arroyo Grande,” Kaytlyn Leslie of the San Luis Obispo Tribune reports, but an overcooked cheeseburger with fries did not touch off the blaze. According to a lawsuit filed by Cal Fire, a tractor mowing grass on property owned by In-N-Out caused...
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Neo-Noir Motherless Brooklyn Puts Power, Corruption at Center Urban Renewal Story

Motherless Brooklyn is a stylish homage to classic film noir. It also provides a powerful narrative for the uncompromising way in which power can be wielded by those with access to it. Add in the story’s unusual context—urban renewal in post-war New York City—and Motherless Brooklyn might well contend for the most pro-liberty film...
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Data Sell-Off Gives New Meaning to DMV Golden Fleece Award

As Lawrence McQuillan noted in March, “The DMV took its sloth-like reputation to a new level last summer when average wait times in branch offices grew nearly 50 percent from the year before. Five-to-seven-hour waits were common.” The DMV also “botched record-keeping duties in 2018 by mishandling thousands of voter registrations from its motor-voter...
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Democrats Duel Over Taxes and Wealth Creation

At Wednesday’s debate in Atlanta, Sen. Elizabeth Warren touted her plan to hike taxes on the wealthy. The socialist Sen. Bernie Sanders liked Warren’s idea, and spoke of criminally prosecuting private companies. The sole dissenter on the stage was Sen. Cory Booker, who expressed a need for wealth creation. The New Jersey Democrat had...
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New FDA Commissioner, Same FDA Problem

President Trump has nominated (and fired) numerous individuals to governmental positions while in office. Arguably, his most popular nominee was Food and Drug Administration Commissioner Scott Gottlieb. As a Modern Healthcare article notes, “Dr. Scott Gottlieb accomplished a rare feat during his two-year tenure as head of the Food and Drug Administration—he earned praise...
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Will Demolishing Homes Solve California’s Housing Crisis?

For months now, California legislators have been decrying the state’s housing crisis. That crisis will soon be made worse by the Natomas Levee Improvement Plan, launched in Sacramento in 2007. The plan aims to reduce the area’s vulnerability to flooding and will make improvements to Garden Highway that runs atop the current levee. It...
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Why Don’t Climate Change Alarmists Promote Nuclear Power?

In 2008 Al Gore said climate change threatens to “destroy the future of human civilization.” He continued, “We are facing a planetary emergency which, if not solved, would exceed anything we’ve ever experienced in the history of humankind.” To address the problem will “require us to end our dependence on carbon-based fuels.” Not everyone...
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