Lone Candle
Champion of Truth
Trade and new efficient technology work in similar ways. They both directly and noticeably eliminate certain jobs, but, produce more economic growth and jobs total.
https://youtu.be/TWs-B6soIYg?si=wCMkmSawRqBcqund
“Right-wing populism is a strange bird, an ideology that’s not grounded in any enduring economic or philosophical principles. It mainly entails using the government to address a variety of ill-formed social, nationalistic, and cultural grievances. Former British politician David Gauke was spot on when he says that populism amounts to little more than “a willingness by politicians to say what they think the public wants to hear.”
That’s why President-elect Donald Trump’s recent appointments reflect a mish-mash of conflicting opinions. Many conservatives were, for instance, shocked by his selection of Rep. Lori Chavez-DeRemer (R–Ore.) as Labor Secretary given that her pro-union positions aren’t different from those advocated by President Joe Biden.”
https://reason.com/2024/12/06/is-trump-aiming-to-continue-bidens-antitrust-insanity/
“It wasn’t even until 1977 that women in Western Germany became free to legally seek jobs without their husband’s permission. The country still has a tax structure that penalizes married couples if both individuals work full time.”
https://www.vox.com/policy/379309/child-care-affordable-germany-motherhood-kita-daycare
“Mostly, the economy spins ever onward because individuals show up for work and produce something that other people—their employers, customers, clients, donors, etc.—value and are willing to pay for, and then they do it again the next day.”
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“If nothing changed, Springfield would simply experience an ongoing slide into oblivion. The city has been losing population since the 1960s and more than a fifth of those who remain are below the poverty line. Translation: Anyone who had better economic prospects somewhere else was already gone, or on their way out.
“The real story is that for 80 years we were a shrinking city, and now we’re growing,” a local pastor told NBC News.
In other words, immigration isn’t the cause of Springfield’s problems. Stagnation is.
Is the influx of thousands of foreign-born workers going to be smooth? Of course not. Some culture clash is inevitable. More workers willing to pay market rates for housing and a more competitive local economy might make life marginally more difficult for, as Williamson writes, “a reliable Trump-voting constituency: marginally employed white people on the dole.”
Vance and former President Donald Trump have rushed to amplify those culture clashes—and knowingly exaggerate them too, as Reason’s Jacob Sullum explained yesterday. In doing so, they’ve demonstrated how little they understand about what make an economy work and what makes a place successful. Thriving cities, even small ones, are home to a constant churn of cooperation and competition between newcomers and natives. Places that don’t grow are doomed to die.”
https://reason.com/2024/09/19/immigration-is-better-than-industrial-policy/
“An estimated 12 people die every day while waiting for a kidney transplant. At least some of those deaths are preventable, and monopoly government contractors shoulder most of the blame.
“Monopolies don’t work and
government-funded monopolies are even worse,” says Jennifer Erickson, a former Obama White House staffer who now works as a senior fellow at the Federation of American Scientists.”
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” All told, more than 17,000 kidneys (as well as thousands of other organs) are going to waste each year instead of finding their way to dialysis patients who need a replacement. That’s a tremendous opportunity cost. And because there’s no competition between OPOs, if you’re unlucky enough to need an organ and you live in an area where there’s a poor-performing OPO, you might never get one.”
https://reason.com/2024/09/30/against-government-kidney-monopolies/
“most Chinese E.V. companies are still reliant on subsidies. As corporate earnings reports show, only BYD Auto has managed to make a profit.”
https://reason.com/2024/09/24/most-chinese-e-v-firms-are-unprofitable-local-governments-keep-propping-them-up-anyway/
“Unreliable drug tests are sparking unnecessary child welfare investigations.”
https://reason.com/2024/09/13/the-government-is-taking-babies-away-because-their-moms-ate-poppy-seeds/
“Kroger is the fourth-largest grocery store chain in America—behind Walmart, Amazon, and Costco—and Albertsons is the fifth-largest. Once merged, the combined company would rise to third on the list. On the surface, this may seem to provide some support for the FTC’s position, but American shoppers would be wise to read the fine print.
In truth, if the deal were to proceed, a merged version of Kroger and Albertsons would still only make up 9 percent of overall grocery sales. To put this in further perspective, consider that Walmart—the nation’s largest grocery provider—would continue to operate more stores (including its Sam’s Club outlets) than a Kroger-Albertson combo and maintain grocery revenue that is more than twice that of the merged company.”
https://reason.com/2024/08/17/harris-joins-the-ftcs-food-fight-against-kroger-albertsons-merger/
“trade policy. Trump’s protectionist stance is well-known, with his administration imposing tariffs on a wide range of goods, particularly from China. He has since announced that he would like to impose an across-the-board 10 percent and then 20 percent tariff on imports to the U.S., on top of the those already in place.
But Harris’ stance is hardly better. She has embraced a “worker-centered” trade policy that looks suspiciously similar to Trump’s “America First” approach. Both emphasize protecting existing American jobs and industries, even at the cost of higher prices for beleaguered consumers, fewer resources to start new firms that will lead to more opportunity for the next generation of workers, and reduced economic efficiency. And let’s not forget that during the last four years, the Biden-Harris administration has imposed its fair share of tariffs while keeping many of Trump’s.”
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“Both sides want to subsidize homeownership. The Republican platform advocates for the government to “promote homeownership through Tax Incentives.” The Harris campaign has announced a $25,000 subsidy for first-time homebuyers. Both plans would subsidize housing demand, thus putting upward pressure on housing prices. Great for people who already own homes; not so great for the new homebuyers themselves.”
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“Both Harris and Trump represent variations on a theme of big, fiscally irresponsible, hyper-interventionist government.”
https://reason.com/2024/08/22/trump-and-harris-economic-plans-are-depressingly-similar/
Successful government intervention!
https://www.youtube.com/watch?v=Olj8arvfYj4