Drug shortages, price gouging, and our broken health care system

Drug shortages, price gouging, and our broken health care system

By Michel Accad / Mises Daily The shaming campaign that followed last week’s news of two generic drug prices somersaulting into the stratosphere after being acquired by private companies is not too surprising. The idea that a drug which cost $13.50 one day can cost $750 the next, seemingly on the whim of greedy Wall […]

The coming corporate “crime wave”

The coming corporate “crime wave”

By William L. Anderson / Mises Daily In a recent appearance before Congress, Deputy Attorney General Sally Quillian Yates declared that the US Department of Justice is going to ratchet up its prosecution of individuals employed in corporations as part of a larger push against “white collar crime.” There is no doubt that such prosecutions […]

Labor unions awarded millions from federal agencies

Labor unions awarded millions from federal agencies

Under President Obama, federal agencies are doling out tens of millions of dollars to one of the Democratic Party’s most essential constituencies: big labor. The grants range from safety training to union membership recruitment to whipping up support for the president’s signature program called Obamacare, a Washington Times review of federal contracting records shows. Last […]

General Electric’s corporate tantrum

General Electric’s corporate tantrum

From NCPA In June, a revolt against the unhealthy marriage between the government and large corporations put the mother of all crony programs, the Ex-Im Bank, in liquidation. Being the second-largest beneficiary of the bank’s largesse and one of the 10 mega-corporations collecting 64% of its overall activities, General Electric (GE) is upset. It wasted […]

Regulating away competition: The effect of regulation on entrepreneurship and employment

Regulating away competition: The effect of regulation on entrepreneurship and employment

From NCPA Industries with numerous regulations had fewer new start-up companies and slower employment growth rates from 1998-2011. Smaller, new businesses may not be able to overcome regulation costs resulting in less competition with larger more established businesses who can afford the required compliance costs. Increased regulation correlates with slow job growth and the declining […]

Did we learn anything from the Solyndra debacle?

Did we learn anything from the Solyndra debacle?

By David Williams / Taxpayers Protection Alliance As if Solyndra’s monumental failure was not enough of a blow to taxpayers, a new report from the Department of Energy inspector general four years in the making finds the infamous solar company deliberately deceived Energy to secure millions of dollars from the federal government (read: taxpayers). What’s […]

Poverty in the richest nation

Poverty in the richest nation

From NCPA Contrary to conventional wisdom, the United States is one of the biggest spenders per capita on social welfare benefits in the world. Despite having a poverty level comparable to other western nations, the U.S. still outspends nearly every other country on programs addressing poverty. This fact tends to be obscured mainly because U.S. […]

GoPro rounds out 2015 lineup with new HERO+ camera

GoPro rounds out 2015 lineup with new HERO+ camera

From PRNewswire GoPro, Inc., enabler of some of today’s most engaging content, is making capturing and sharing immersive, on-the-go content more accessible than ever with the release of its new Wi-Fi and Bluetooth® enabled HERO+ camera. At $199.99 MSRP, the HERO+ is waterproof and mountable as well as compatible with GoPro’s vast array of mounts […]

NASA confirms evidence that liquid water flows on today’s Mars

NASA confirms evidence that liquid water flows on today’s Mars

From PRNewswire New findings from NASA’s Mars Reconnaissance Orbiter (MRO) provide the strongest evidence yet that liquid water flows intermittently on present-day Mars. Using an imaging spectrometer on MRO, researchers detected signatures of hydrated minerals on slopes where mysterious streaks are seen on the Red Planet. These darkish streaks appear to ebb and flow over […]

Central banks don’t dictate interest rates

Central banks don’t dictate interest rates

By Frank Shostak / Mises Daily According to mainstream thinking, the central bank is the key factor in determining interest rates. By setting short-term interest rates the central bank, it is argued, through expectations about the future course of its interest rate policy influences the entire interest rate structure. (According to expectations theory (ET), the […]