Following a 23-year career in the Canadian financial industry, Lee Friday has spent many years studying economics, politics, and social issues. He operates a news site at www.LondonNews1.com
Bureaucracy and RegulationLabor and Wages
Minor-league hockey players know what they're getting into when they sign their contracts. But now they want the government to overturn their contracts and force a pay raise.
If politicians cared about affordable housing, they'd be doing all they could to repeal regulations and encourage more construction.
Yet again, the government regulators show us that their real motivation is not consumer protection.
Bureaucracy and RegulationCronyism and CorporatismHealth
Government licensing hurts employment, reduces competition — and thus quality — and serves to line the pockets of the established firms who benefit.
Global EconomyTaxes and Spending
One of the reasons governments can run up huge deficits so easily is that the politicians — unlike entrepreneurs — can't be held accountable for their bad debts.