Last November, several news outlets reported that Amtrak, the nation’s heavily subsidized passenger rail service, was on track to break even for the first time in the company’s history. After nearly 50 continuous years of operating in the red, covering all its history, 2020 may become its first year in the black:
Almost two centuries ago Tocqueville observed that the “political world is metamorphosed [and] new remedies must henceforth be sought for new disorders.”
Make up all the justifications you want, but the deal was just another example of crony capitalism.
E15 may buy votes in Iowa but does so at a serious cost.
If ethanol truly were a good substitute for gasoline, no mandate would be necessary.
Unintended consequences abound when playing favorites with special interests.
Reviewing the exploitive policy from a bottom-line perspective.
Expanding education options through education savings accounts would help students and taxpayers alike.
Any day now the U.S. Supreme Court is expected to rule in Janus v. American Federation of State, County, and Municipal Employees, the outcome of which will have major implications.
Capitalism is by far the most effective anti-poverty program in the world’s history.