WHO WE ARE GET INVOLVED SPREAD THE MESSAGE LPAC 2014

The Failure of the Overseas Drug War

By Harrison Dean After spending over seven billion dollars, the U.S. Government has not only failed to stop the production of opium, but its production is at record highs. According to the BBC: The special inspector general for Afghanistan [...]

The Economics of Drug Cartels

By Harrison Dean No one likes drug cartels. But does government policy play a role in creating and sustaining them?  Most people have probably never even considered the question. But when we consider the economics of prohibition, it becomes [...]

Airstrikes in Iraq: Remember that Thing Called Congress?

Guest Post By: Jake Tate “President Obama has authorized airstrikes in Iraq.” Does anyone else see something wrong with that headline? Not “The United States Government has…” or “With the approval of Congress the President [...]

Fuel on the Fire

By: Colin Combs It’s no secret that gas prices have been ridiculous. Everyone has been bemoaning them for quite a while now. Some understand this is a consequence of the state inflating the currency so the dollar buys less, while government [...]

Export Ban Marginally Decreased

By: Colin Combs Recently, the U.S. Department of Commerce’s Bureau of Industry and Security expanded its definition for acceptable forms of shale oil to be sold abroad to include a form of ultra-light oil known as “condensate”, which has [...]

Economic Means vs. Political Means

By Harrison Dean Many progressives in the Democratic party and the Occupy Wall Street movement spend much of their time condemning the rich. They claim that greed is one of the main causes of our country’s problems, and that wealth needs to be [...]

A Minimum Wage Disaster

By: Julian Hassan Did you know that the average fast food business only makes 3 percent annual profit? I certainly didn’t. The Heritage Foundation tells the story in a recent report on higher fast food wages: The Bureau of Labor [...]

Do we need the Export-Import Bank?

By: Colin Combs General Electric’s Chief Executive Jeff Immelt recently claimed that closing the Export-Import bank would mean that “we are basically making a statement as a country that we do not think that exports are [...]

No, Fewer Turnovers Won’t Prevent Minimum Wage Layoffs

By: Colin Combs On July 5th, Jared Bernstein wrote for the Washington Post that “No, raising the minimum wage doesn’t lead to layoffs”. He then proceeded to immediately contradict that statement by moving his goalpost over to saying that [...]

The Concept of Inflation

By: Colin Combs With recent data showing a sharp rise in consumer prices for the month of May, there has been a lot of discussion on price inflation over the past week, in spite of Janet Yellen’s attempt to dismiss this inflation as merely [...]