The Folly of Eminent Domain

In an opinion piece for the Wall Street Journal, Professor John E. Mogk challenges critics of eminent domain to defend their position in cases even when it appears that government expropriating private property had a net benefit to everyone affected. He cites the case in Poletown as an example of eminent domain being beneficial to…

The Most Honest Politician in History

Spoiler alert: this blog post isn’t about Honest Abe, George Washington, or another American statesman who is widely revered as a beacon of moral character. Instead, the most honest politician in America’s history is probably someone you’ve never heard of: George Washington Plunkitt, a state legislator from New York for three decades in the late…

How Consumers are Protected in the Free-Market

One justification for government involvement in a free-market economic system is the need for consumers to be protected from potentially faulty or harmful products. In a free-market system there are many products sold by companies trying to make a profit. From pharmaceutical drugs to automobiles, these products could be deadly to consumers if they are…

The Real Consequences of Minimum Wage Legislation

Support for an increased minimum wage is a prime example of how often well-intentioned legislation has unforeseen and undesirable consequences. Support for a higher minimum wage law is justified as a means to help the poor, which in itself is a noble cause worth supporting.  Without looking into the economics of minimum wage legislation it…

Should the Government Cure Gambling Habits?

The lottery attracts hundreds of thousands of players every year, and Michigan has a large amount of players annually. Michigan’s internet gambling, however, has some wondering whether restrictions and safeguards should be put in place in order to avoid harm for Michigan residents.  Political columnist Tim Skubick writes on this topic to address the potential…

The Tyranny of Midland Yard Sale Signs

Schools are out, the weather is almost predictably warm, campers can be seen driving down the roads, humidity rules the day, and there’s a massive amount of road construction. Looks like summer has finally come to Midland, Michigan! Along with all the other fun opportunities of the season, summer can’t really be complete without some…

The TTIP, TPP, TPA – Every T-rade Initialism Explained

Popular sources like Economix and John Oliver have been circulating misconceptions abound regarding the Transatlantic Trade and Investment Partnership (TTIP), Trans-Pacific Partnership (TPP), and Trade Promotion Authority (TPA). These objections caught my eye not solely because TTIP, TPP and TPA are all confusing initialisms with a lot of capitals T’s, but because they were generally not…

Capitalism is not Exploitation

A main criticism of capitalism is that it is an economic system in which the rich gain their wealth through exploitation. Many people hold the Marxist belief that the wealthy class exists through the exploitation of the lower classes, and the huge disparity in income present today seems to validate this thought. After all, it…

A Future Lacking Automatized Channing Tatum

Can you imagine a world where athletes are automated within the next 20 years? What about actors? I, for one, cannot. After all, what would be the point of seeing a movie if all of its audio and video were not “real?” Furthermore, while I can potentially appreciate two gigantic robots straight out of Pacific…