On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the refusal of Starbucks to follow Mayor Bloomberg’s drink ban in NYC, currency wars and if our economy has become state-directed.
Read More »When observing the chaos that big union bosses have interleaved into the labor market, you instinctively think of the above-market wages that are forced upon employers (and taxpayers, in the case of public-sector unions) as a result of the monopolistic collective bargaining contracts. However, what is even more deleterious is the limitation on paying individual workers more than their contract dictates. Believe it or not, | Read More »
You might have thought that we vanquished Dick Lugar from the levers of power a few weeks ago. But if nothing is done to stop the impending 5-year Farm Bill, he might harm us with his regressive policies long past his time in Washington. Last month, the Senate Agriculture Committee passed a 5-year farm bill that continues to serve as one of the most potent | Read More »
The liberal cycle of statism, at its core, originates from a government-induced problem. When nobody is paying attention to an issue, liberals swoop in and impose a pernicious regulation or mandate on a private industry. That regulation lays dormant for a number of years like a ticking time bomb. Then, many years later, it blows up the industry. Liberals summarily swoop in to accuse private | Read More »
Many of us have taken it for granted that all Republicans would work for full repeal of Obamacare. After all, not a single Republican voted for it. However, it is always important to understand the reasons why politicians support or oppose a piece of legislation. When you listen to many prominent Republicans voicing their disdain for Obamacare, you generally hear the following complaints: it raises | Read More »
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