Profits and losses play an important role in a free market system. However, as government intervenes to protect politically-connected firms from losses, the entire market becomes distorted and less reliable.
You May Also Like
Editor's Pick
Trump’s latest Hollywood “hit” isn’t the kind you stream. Threatening to slap a 100% tariff on films produced in foreign countries, the president’s announcement...
Editor's Pick
David J. Bier Immigration and Customs Enforcement (ICE) is diverting criminal law enforcement agents away from their investigations and enforcement responsibilities to conduct civil...
Editor's Pick
Tad DeHaven Donald Trump’s autocratic instincts returned to the White House in January, but this time, no adults would be in the room to...
Editor's Pick
Chris Edwards The US Postal Service (USPS) is losing billions of dollars and has a bleak outlook. One reason why is that young people...