Why Amazon’s 20 Finalist Cities Shouldn’t Get Too Excited

Amazon has released its list of 20 finalists to host its second headquarters — and the massive influx of new residents that comes with it. However, although the various city councils for these 20 finalists are currently patting themselves on the back, there are reasons they should perhaps temper their excitement. First, a list of 20 finalists is not really a final list at all. When Amazon announced it would build a second headquarters, they probably had these 20 cities in mind already — they just wanted to create buzz and competition. Now they have convinced 20 cities they each

How Bitcoin Is Redistributing Wealth to a New Generation of Innovators

This article was posted originally at the Epoch Times. Normally, the concept of wealth redistribution involves government using force to take from some people and give to others. But the bitcoin revolution is redistributing wealth differently. For the sake of simplicity, and to avoid confusion, we will talk about only the original bitcoin in this article and avoid the likes of cryptocurrency products such as ethereum and initial coin offerings, as well as recent duplicates of the original protocol. On the one hand, at a price of $15,500 and a market capitalization of $277 billion at the time of writing, bitcoin has made many people

This Tweet Perfectly Explains Why Millennials Are Fed Up with Politics

In today’s Washington Examiner, Paul Bedard discusses a fascinating new Harvard study on the political attitudes of the Millennial generation. For me, a Millennial, Harvard’s research amounts to the single-most revealing study ever undertaken on our generation. Tragically, the Washington Examiner‘s headline — “Millennials now biggest voting group in U.S., 2-1 Democratic” — buried the most enlightening findings of this research. While the headline suggests that Millennials are joined at the hip with the Democratic Party, the data reveals not only that this generation can be won over, but also that the secret to doing so is hiding in plain

Why Tax Cuts Are a Good Thing — Yes, Even for the Rich

As the political fight over tax cuts ramps up, a new progressive coalition has formed in order “to oppose any effort to cut taxes for the wealthy.” Unfortunately for those enlisting in this new front for the “resistance” movement, the economic arguments put forth by “Not One Penny” make no cents. “Not One Penny” is a partnership between liberal groups including MoveOn.org, Tax March, and the Center for American Progress. While the coalition’s mission to ensure “Not One Penny” in tax cuts is given to wealthy Americans seems straight forward — is it? An exhaustive search of their website failed

Banks Are Creating Our Money — And It’s Not Working for the Rest of Us

This article was posted originally at the Epoch Times. The one force that causes the most harm in our economy also happens to be the least well-known and understood. While the left blames greedy corporations and individuals, and the right blames the government, it is in fact the collusion between the government and private banks that leads to problems like environmental degradation, unemployment, income inequality, and many more. In the United States and most other countries, the government grants private banks the right to create money out of nothing and forces individuals to accept said money as legal tender and to use

Seattle Liberals Show Concern for Working Families — By Raising Their Taxes

Seattle will become the 8th city in the United States to tax sugary beverages, after a 7-1 city council vote yesterday. Since soda consumption has become the “crisis du jour” for liberals looking for an excuse to raise taxes, it is imperative to scrutinize the claims made by soda tax proponents before more cities fall like dominoes for this regressive scheme. As noted during the Seattle soda tax debate, city officials “repeatedly acknowledged that this tax targets low-income and minority communities by pricing hundreds of different beverages out of their reach. As a result, those who can afford this tax

How Farm Subsidies Have Become “Welfare for the Rich”

This article is part of series focusing on Lens of Liberty, a project of the Vernon K. Krieble Foundation. During a recent Liberty Minute, “Poor Farmers No More,” Helen Krieble spoke about a government program which mainly supports the wealthy at the expense of the American taxpayer — agricultural subsidies: I knew a very wealthy man who bought a potato farm in Idaho. He had no interest in potatoes or farming, but that farm came with a highly profitable government subsidy for not growing potatoes. Farm subsidies today cost taxpayers thirty billion dollars a year, mostly for corporate growers of

New Report: These 2 Cities Have Crippled the US Economy

A new study by University of Chicago and University of California, Berkeley scholars Chiang-Tai Hsieh and Enrico Moretti suggests an economic villain shocking to the liberal imagination: San Francisco and New York. Yes, San Francisco, the glittering cosmopolis of the new money, and New York, the towering stronghold of the old money, are together responsible for “lower[ing] aggregate US growth by more than 50% from 1964 to 2009.” Intense development constraints create a market where the rich bid with super-rich to live in the core cities. Tenants in rent-controlled apartments hang on for dear life. New entrants have nowhere to