Central Planning

“High-skilled immigration is key to America’s success.” That’s what Richard Hanania writes at the Cato Institute’s excellent Human Progress page. Hanania is not alone in making what he might agree is a trite assertion. Humans aren’t a cost or jobs taken, rather they’re inputs. To then assert that the arrival of high-skilled “treasures” (J.B. Say) boosts […]

Americans loathe lines. See their disdain for the gasoline lines of the 1970s, and that were an effect of price controls naively meant to contain the cruel effects of a devalued dollar.  What’s funny and sad at the same time about the gasoline lines is that per Hedrick Smith’s The Russians, the Soviets of the