Last month, I wrote on this site about a Republican who genuinely believed in limited government. The bad news is that my example was not from this year’s campaign, but instead came from a 1920s-era video featuring Calvin Coolidge. After further research, I’ve discovered a more recent video that captures the words of someone who is getting a lot of attention in this year’s GOP campaign. Sadly, this high-profile Republican uses class-warfare rhetoric to condemn tax cuts. He urges more income distribution and a bigger role for the federal government. He even claims that corporate profits cause inflation. Would you vote for someone who gave this speech?
Featuring Holly Bell, Associate Professor (Business), University of Alaska Anchorage; and Hester Peirce, Senior Research Fellow, Mercatus Center; moderated by Louise C. Bennetts, Associate Director, Financial Regulation Studies, Cato Institute.
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In this issue of Regulation, Jonathan H. Adler and Nathaniel Stewart make the case for property-based fishery management, utilizing territorial or catch-share allocation among fishery participants. Also in this issue, Michael L. Wachter explores the relationship between the much-maligned National Labor Relations Act and the decline in union membership.
Timothy Sandefur’s insightful new book documents a vital, forgotten truth: our Constitution was written to secure liberty, not to empower democracy.