| Wednesday January 20, 2021 at 10:01 AM PST
For those of us who pay attention to government spending, the week between Christmas and New Years is a busy time. It’s never pretty, because this is when a lot of wasteful spending is forced through by logrolling politicians. But that doesn’t mean we can’t laugh at them and their wasteful spending priorities. That’s...Read More »
Alvaro Vargas Llosa
| Thursday December 17, 2020 at 5:33 PM PST
As this annus horribilis draws to a close, it might be appropriate to step back for a little while and try to summarize a few lessons from the pandemic.
James A. Montanye
| Friday November 27, 2020 at 9:00 AM PST
With holiday gift shopping in season and the COVID-19 pandemic rampant, consider the relative merits of giving cash instead of presents. A study of gift giving found that recipients undervalue presents by as much as 30 percent of the purchase price. Givers, by contrast, implicitly value them more or less fully ex ante; otherwise...Read More »
K. Lloyd Billingsley
| Wednesday November 25, 2020 at 7:35 PM PST
Gov. Gavin Newsom’s “Guidance for Private Gatherings” limits the number of participants at Thanksgiving celebrations and even warns Californians to keep their voices down. That should not be a problem because, as this Independent Institute video shows, Californians have little to shout about these days.