New York City’s subways have become a nightmare, with rampant crime, delays, derailments, and poorly capitalized. This is a gift from "backdoor socialism."
When the Soviet Union dominated Eastern Europe, people there looked to the West—and especially the USA—in hopes of freedom. Today, it is the West promoting culture wars and collectivism.
Even though liberalization of its infamously bureaucratic economy has achieved strong results, India's leftist activists and politicians are trying to reestablish collectivism.
Development economists often confuse natural resources with wealth and then are puzzled when countries rich in resources experience widespread poverty. Free markets lead to creation of wealth, period.
Advocates of the New Green Deal emphasize new "green jobs" and other benefits, but the NGD is basically a Keynesian scheme in which government allegedly spends us into prosperity.
The New York Times recently interviewed economist Herman Daly, who insists that economic growth is ecologically destructive. There is much more to the story.
Elites are attacking the government of Mauritius for having lower tax rates than other African countries. The real issue is the levels of taxation in other African countries.
On top of Congress passing the "Climate Relief Bill," environmentalists also demand that President Joe Biden declare a "climate emergency" in order to seize new powers ostensibly to combat dreaded climate change. However, climate alarmism is not based on reality.
While renewable energy and organic farming are considered sustainable, they're anything but. The collapse of Sri Lanka's green agricultural sector is a warning to the rest of the world.
