SEARCH
Sweden’s far left political faction is heading into its election next week promising to roll out a destructive idea that already failed once before in their country. The Left Party (the former communists) wants a wealth tax on billionaires… it’s Bernie Sanders’ dream come true. They’ve also floated a new property tax on
It’s been another busy week for the Inspired Idiots. Here are a few of the most absurd stories from the last several days in case you missed them. New York’s top socialist has a fake union card and a townhouse from Dad Gustavo Gordillo tells a great story. He’s the son of Peruvian
In 1845, the French economist Frédéric Bastiat petitioned parliament on behalf of the nation’s candlestick makers. They were being ruined, he wrote, by an unscrupulous rival that was flooding the market with light at a price no honest candlestick maker could match. This light-producing rival, of course, was the sun. And Bastiat satirically
Somewhere in America there’s a local ordinance that tells you which way your garage has to face. Another one dictates what your fence can be made of, and a third sets how many square feet of window your house needs. A few spell out the dimensions of particular features down to a quarter
Hardly a week goes by without another data center announcement, and the projects have gotten so big that they’re now measured in gigawatts. A gigawatt is a billion watts of electricity. Running around the clock, one gigawatt is enough to supply about 800,000 average American homes— and a single large data center is
In November 2008, California voters approved a ballot measure to build a bullet train from San Francisco to Los Angeles. It was supposed to be fast enough to make the journey in under three hours. And passengers could hop on by 2020, for a total cost of $33 billion. Eighteen years later, there
Several days ago, just as America’s national debt topped $40 trillion for the first time, China’s official propaganda outlets took the opportunity to mock the United States over this ominous milestone. Xinhua is the Chinese government’s official news agency, and they published a scathing commentary comparing the US national debt to Frankenstein and
King Hammurabi of Babylon had a simple rule for home builders: if the house you built collapsed and killed its owner, you were put to death. That was law #229, carved in stone almost 4,000 years ago. And some version of this rule has existed for most of human history. Even to this
In 2012, a 76-year-old Vietnam veteran named Jerry Meekins bought a $197 Spirit Airlines ticket to Atlantic City to visit his daughter. Then his doctor told him two things: he had terminal cancer, and he could not fly. Meekins asked for his money back. Spirit said no. He offered a letter from his
In June of 1944, American soldiers were storming the beaches of Normandy, leading the fight to defeat the Nazis. Back home, Americans gave everything they had. Some 85 million bought war bonds. The top income tax rate hit 94%, the highest in US history. Even ordinary people paid more and more income tax
If you were to head to Bloomberg, CNBC, or Yahoo Finance this morning and see virtually all green across the board in US markets, you wouldn’t think it’s a sad day for America. And yet, despite stocks being up and investors positively effervescent, it is indeed a sad day, because today marks the
Four years ago this month, Washington passed a law and named it, with a straight face, the Inflation Reduction Act. Bizarrely, their plan to ‘reduce inflation’, which had been caused by excessive government spending, was for the government to spend even more money. It’s genius! Among its various provisions, part of the legislation
When Walmart founder Sam Walton passed away in 1992, his family fortune made him the wealthiest person on the planet… by far. His Walton Family Enterprises was worth $23.8 billion— nearly four times as much as Bill Gates at the time. And if he were still alive today, Walton would be the second-richest
Arguably the most famous man on the planet throughout the 1700s was the famed writer Francois-Marie Arouet, known to history as Voltaire. He wasn’t just a celebrity writer and philosopher, however; Voltaire was also a wealthy capitalist and nobleman who almost single-handedly turned the impoverished region of Ferney into a highly productive watchmaking
In 2023, Jason Arday became the youngest black professor in Cambridge University’s history. His story, as told in a decade of glowing profiles, was the stuff of Hollywood. Arday was autistic and nonverbal until age 11, and could not read or write until 18. He was epileptic, yet ran 30 marathons in 35