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    • Record highs? Not a Problem

      Posted by John Stossel | July 25, 2011

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      Newark, Philadelphia, and Baltimore all reached historic temperatures over the weekend. New York City, where I live, reached 104 degrees .

      Despite these dangerous temperatures, most people aren't suffering.

      That's because capitalism has made it possible for almost everyone, even poor people, to have air-conditioning and refrigerated food.

      A new report from the Heritage Foundation found that 99.7% of poor people in the United States have refrigerators and 74.7% have air-conditioning.

      As this video points out, "Today, we all enjoy things that are vastly superior to what the richest people in the world owned just a short while ago. "

      Poor people today are better equipped to handle high temperatures than rich people were a century ago. Free markets improve life for everyone.

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      freedom
      Free Markets
      Capitalism
      weather
      standard of living
      air conditioning
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  • JOHN HAS A NEW BOOK! ORDER TODAY

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    This Week's Show -- May 16, 2013

    Government is at war against the little guy.

     

    Bureaucrats pass thousands of regulations to "keep people safer" and "make the marketplace more fair." Today 170,000 pages of federal regulations are on the books. Break just one rule, and government may wreck your life.

     

    So Wisconsin Senator Ron Johnson started a "Victims of Government" website that features victims of overregulation.

     

    Nevada bureaucrats tell people who teach movie make-up that they must get an expensive license or close.

     

    Stossel has two empty rooms in his house now that his kids moved out. Using sites like Roomorama, he could make a little money and rent the rooms out. But two years ago, New York passed a law that makes most of what apartment rental sites do illegal. Stossel debates Liz Kreuger, who sponsored that bill.

     

    Is there any hope for the little guy? Authors of "Madmen, Intellectuals, and Academic Scribblers", Edward Lopez and Wayne Leighton, point out that deregulation did happen once. Americans pay much less to fly and to ship something because the CAB and ICC no longer exist. And we have cell phones because the FCC finally allowed spectrum auction. They say the only time things change is when the right people, the right ideas and the right circumstances all come together to repeal the bureaucrats rules.

     

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