✏️Inspiring, educating & connecting future leaders with the principles of a free society. | Est. 1946
Atlanta, GA
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Why is your health insurance tied to your job?
In the 1940s, the U.S. government capped cash wages. To compete for labor, companies started offering untaxed health coverage instead.
In 1954, Congress made it permanent, locking Americans into getting healthcare from their employers forever.
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“Industrial planners everywhere face an information problem. From the standpoint of consumer and producer satisfaction, how can a planning board know which industries should be “born” and which should “die,” which should be subsidized and which should be self-sufficient, which should receive tax credits and which should not?”
- Walter Williams
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Europe wants technological sovereignty. But protectionism may leave it paying more for less.
📹 @claudiashandi
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Brussels says steel tariffs will protect European industry, but what about the businesses that need affordable steel to survive? @claudiashandi explains how protectionism can hurt manufacturers and consumers alike.
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“The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment.”
- Henry Hazlitt 👀
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No one on Earth knows how to make a pencil.
And yet here we are with billions of them, cheap, everywhere.
On Giving Tuesday, @dgrcosta takes his weekly newsletter In Liberty, Live to talk about why that's not a trivial fact: it’s human cooperation and goodwill in action.
👉 Reserve your spot: fee.org/event/in-liberty-liv…
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"Steel tariffs protect producers at the expense of the businesses that depend on them.
As of July 1, the European Union has capped duty-free steel imports at about 18.3 million tonnes (20.2 US tons) a year, 47% below 2024 quota levels. Regulation (EU) 2026/1384 also doubles the duty on imports that exceed those limits, from 25% to 50%.
Brussels justifies these measures by pointing to global overcapacity and the need for strategic autonomy."
- @claudiashandi
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Protecting steelmakers means higher costs for manufacturers. fee.org/articles/the-cost-of…
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Security and freedom are all that industry requires. The request which agriculture, manufactures, and commerce present to governments… is… 'Stand out of my sunshine.'
- Jeremy Bentham
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The minimal state is the most extensive state that can be justified. Any state more extensive violates people's rights.
- Robert Nozick 😯
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