The Food and Drug Administration released its long awaited e-cigarette regulations on Thursday. E-cigarette users’ worst fears are confirmed—these regulations will destroy the burgeoning industry, leading to increased mortality and higher healthcare costs. Though the FDA marketed its regulations as restrictions on minors who purchase tobacco products, the 499-page release contains far more. Perhaps the […]
With less than two weeks until the Iowa Caucus, many people outside Washington, D.C. are beginning to focus on the 2016 presidential election marathon. The sustained popularity of real estate developer Donald Trump is already a surprise in the Republican race. Now the surge of Vermont Independent Senator Bernie Sanders is shaking up the Democratic […]
UberEATS is delicious. You pull up the Uber app, choose among three to five menu options (usually between $8 and $12), and your meal is delivered within 10 minutes. Payment is through Uber, and there is no delivery fee. Service is rapidly expanding, and slow-to-catch-up regulators have yet to devise a way to stymie its […]
The American economy is changing, and millennials’ attitudes about work and their careers are changing with it. The rapid rise of the so-called “sharing economy” embodies many young Americans’ new economic ideal—one driven by technology, convenience, and flexibility. However, government policy, particularly in regards to regulation, is stuck in the 20th century and continues to […]
Americans understand the importance of the principle of innocent until proven guilty. However, a problematic, growing government program turns this long-standing ideal on its head. Civil forfeiture allows law enforcement to take personal property without even accusing individuals of a crime, much less proving them guilty beyond a reasonable doubt. On Tuesday the Institute for […]
In today’s slow-growth climate, many pundits and politicians are pushing for new solutions to get the economy in a higher gear. A better path forward may be looking to lessons from the past. New York University law professor Richard Epstein spoke about Nobel Prize-winning economist Friedrich Hayek’s continued relevance to today’s economic and political debate […]
In Britain and the United States government policy is resulting in poor job market prospects for millennials, those born between 1980 and 2000, while burdening them with obligations to pay off high levels of debt. In Britain the unemployment rate for young people ages 16 to 24 is 16 percent and in the United States […]
