Made in Texas

According to The Texas Tribune, “Under federal law, wine can have an appellation of origin from a state if a minimum 75 percent of its grapes are grown in that state. The other 25 percent can come from anywhere.” The Texas Legislature is considering a bill that will require Texas winemakers to use 100 percent […]

A Wolf in Sheep’s Clothing

Statists often like to present their policies and programs as a free market solution. Emission trading, which Wikipedia calls a “market-based approach to controlling pollution,” is one example. Carbon emission trading assigns “property rights” to emissions, which allow the holder to emit a set quantity of a particular substance. Those who emit less of that […]

The Danger of Deregulation

Many have applauded President Trump’s stated objective to “massively” reduce regulations. Certainly, fewer regulations are better than the mountains of controls and prohibitions that currently stifle American businesses. But reducing regulations is not the panacea some might believe.

Consider the Environmental Protection Agency as an example. Last week, Scott Pruitt, the head of the agency, […]

Mayor Turner’s Latest Cronyism

The Chronicle reports that the city will lend $13.9 million to HEB to build a new grocery store near the Museum District. The money comes from a federal grant issued in 1995 to help revitalize downtown. Mayor Sylvester Turner said that he isn’t thrilled about the “deal,” but it will help provide fresh produce to […]

Trump vs. Houston

Last week, a Chronicle editorial proclaimed that the policies of the Trump Administration will have a devastating impact on Houston. While it is true that the policies cited–a border tax, import tariffs and immigrant roundups–will have harmful effects, the paper conveniently ignores the many equally harmful consequences of policies it advocates.

A proposed border tax […]

Title Insurance and Cronyism

Every day, we are subjected to the hidden costs of government regulations. Government drives up the cost of nearly every product and service, including title insurance. While title insurance isn’t a sexy topic, it impacts nearly every real estate transaction, and thus has an impact on housing costs, the cost of doing business, and everything […]

Renewable Energy is Unreliable

While great efforts are being made to develop public support for renewable energy, much of the information that is reported is misleading. As an example, when new renewable electricity sources, such as wind and solar, are brought online, industry groups and the media usually report the capacity that has been added to the electrical grid. […]

Subsidies are Cronyism

In a free market, businesses compete, not only for customers, but also for the capital that is required to start, operate, and expand a company’s operations. Investors seek the best return possible for their money, and they judge businesses on the basis of risk and potential reward.

Investors are concerned with a company’s ability to […]

The Push for Renewable Energy

Following the Arab oil embargo of 1973, the federal government began to develop a national energy policy. In 1975, President Ford proposed a ten-year plan to build two hundred nuclear power plants, two hundred and fifty major coal mines, one hundred and fifty large coal-fired plants, thirty new oil refineries, and twenty synthetic fuel plants. […]

The Bully vs. Nordstrom

After the department store Nordstrom announced that it would no longer carry Ivanka Trump’s clothing line, the nation’s leading bully, aka President Trump, tweeted:

My daughter Ivanka has been treated unfairly by Nordstrom. She is a great person–always pushing me to do the right thing! Terrible!

Whether Ivanka is a great person or not is […]