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Archive for April 23rd, 2011

It’s not too surprising to learn that spending money on “high-speed” rail is foolish. And it’s hardly a revelation to learn that politicians over-promise and under-deliver when they push through these boondoggles. My Cato colleague, Randall O’Toole, has written extensively about these money-losing white-elephant projects. But it’s not exactly shocking news that libertarians would resist [...]

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Michael Ramirez is a first-rate cartoonist for Investor’s Business Daily. Here are two of his recent gems. As always, humor works when it is based on something true. With that in mind, do you prefer this cartoon, which shows Obama scolding the Founding Fathers for their extreme libertarian views? Or what about this cartoon, which [...]

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