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Gold-Backed Scholarship Winners Will Help Spread the Word on the Importance of Sound Money

State legislative initiatives are an important part of the movement to reestablish gold and silver as legal tender in the U.S., but educating the public and encouraging them to use gold and silver is equally important. Legislative efforts continue to gain momentum in state legislatures across the country. Last year, three states passed bills that…

Today in History: George Washington passes away at Mount Vernon

Washington died on December 14, 1799. Learn the facts about the events leading up his passing and the effect it had on his family and estate.
More at mountvernon.org/death

China Is Moving in the Right Direction on Tariffs

“While U.S. trade policy under the Trump administration has become a confusing mix of bluster, posturing, threats, and uncertainty, China has gone in the other direction, at least incrementally by lowering some of its tariffs unilaterally. On November 24, China’s Ministry of Finance announced that it would cut tariffs on 187 consumer products. The lower duty rate took effect on December 1, so Chinese consumers are now benefitting from more competition and lower prices. This is the fourth tariff cut since 2015.”

Central Planning Ignores the Needs of Women

“An American visiting the Communist Bloc in the 1980s would be aghast to find most women still doing laundry the way they had in the United States 50 years prior, without washing machines. The communist system didn’t produce machines to make women’s lives easier for the same reason it neglected their other needs and wants. For all the complaints about the profit motive, markets incentivize people to satisfy each other’s preferences through voluntary exchange, while state-run economies provide no such incentive. There is no shortage of soaring communist rhetoric on gender equality, but that cannot make up for the pervasive and sexist shortages under central planning.”

Washing Machine Tariffs Will Hurt Americans

“The protectionist move against LG and Samsung comes, perversely, just as those companies are set to employ thousands of Americans in Tennessee and South Carolina. It may also inadvertently put the final nail in the coffin of one of the longest-standing bastions of the American service industry, Sears Holdings Corp. Trump should reject the remedy proposal put forth by the International Trade Commission. Making it more expensive for LG to import the washers it produces for Kenmore, one of Sears’ most popular product lines, will jeopardize the retailer’s efforts to revitalize its brand.”

How occupational licensing laws inhibit interstate mobility

“The new study adds to the already substantial evidence indicating that licensing laws are a major obstacle to geographic mobility, particularly for poor and lower-middle class people seeking to move to areas with greater opportunity. We have gotten to the point where some 30 percent of Americans have to have licenses to legally work in their respective fields, including even some states that license florists and tour guides. The evidence also suggests that most of these laws do far more to suppress competition than protect consumers.”

America’s Biggest Problem is Government, Say Most Americans Since Nixon Era

“23 percent of Americans say that the government is America’s biggest problem. ‘That’s about exactly what is was before Nixon resigned,’ Jones said, referring to the Watergate era. One might be tempted to view this result as solely caused by disgust with President Donald Trump or his policies. But that’s not really the case, or not entirely. The commentators point out that the poll is similar to findings from 2014-2015 when Barack Obama was president.”

A War On Opioids Is A War On Suffering People

“Appointing an Opioid Czar and strictly restricting access to said drugs is not the way to stop the ‘opioid epidemic,’ if I may use the term. People, good people, people with families and jobs and homes, people who just want to be able to do something that approximates functioning, are having serious issues getting medicine that they need. Because they’re having trouble getting medicine their doctor deemed they needed, more and more are finding themselves in pain crises and heading to their local emergency rooms for relief, clogging up an already-congested system and causing delays in care for people who are dealing with other critical emergencies.”