Michael A. LaFerrara's Articles
Politics & Rights
End “Too Big to Fail,” not “Too Big” Banks
Michael A. LaFerrara February 21, 2013
Senator Sherrod Brown (D) has called for breaking up America’s biggest banks. His Safe, Accountable, Fair & Efficient (SAFE) Banking Act would ostensibly “end ‘Too Big to Fail’ policies” while placing allegedly “sensible size limits on our nation’s large financial institutions.” Brown had previously teamed with Senator David Vitter (R)…
Politics & Rights
Antitrust Suit against Anheuser-Busch and Grupo Modelo Violates Rights
Michael A. LaFerrara February 11, 2013
The U.S. Justice Department has filed a lawsuit to block Anheuser-Busch InBev’s $20 billion buyout of Mexican beer-maker Grupo Modelo, the maker of the Corona beer brand. The Wall Street Journal calls the Busch-Modelo agreement “the latest deal to fall prey to global antitrust regulators.” Antitrust laws grant government broad-based…
History, Politics & Rights
Martin Luther King Jr. and the Fundamental Principle of America
Michael A. LaFerrara January 21, 2013
Unlike so many ersatz advocates of liberty, Martin Luther King Jr. revered both the U.S. Constitution and the Declaration of Independence.
Education & Parenting
The Best Teacher Evaluation “Plan” is a Free Market in Education
Michael A. LaFerrara January 17, 2013
Teacher evaluation is all the rage today. The “central question” confronting the education establishment, writes Lyndsey Layton in the Washington Post, is, “What’s the best way to identify an effective educator?” And, Layton notes: After a three-year, $45 million research project, the Bill and Melinda Gates Foundation believes it has…
Politics & Rights
End “Collective Bargaining Rights” and “Right-to-Work” Laws
Michael A. LaFerrara January 6, 2013
As Michigan lawmakers moved toward enacting “Right-to-Work” legislation earlier this month, President Obama swept into the state to defend employees’ “right to bargain for better wages." Governor Rick Snyder subsequently signed the measures into law. Of course, when Obama speaks of the “right to bargain,” he does not mean the…
Politics & Rights, Science & Technology
Time to Privatize the Weather Satellite Program
Michael A. LaFerrara January 3, 2013
Although weather forecasters brilliantly predicted Superstorm Sandy's impact days in advance—thereby saving many lives—in the near future forecasters could see their science take "a significant step back." The New Jersey Star-Ledger’s Stephen Stirling reports: Satellites critical to the ability of meteorologists to build accurate long-term forecasts are expected to fail…
Politics & Rights, Science & Technology
Time for the Ethics of Organ Donation to Catch Up with the Heroics of Dr. Joseph E. Murray
Michael A. LaFerrara December 12, 2012
Organ transplant pioneer Dr. Joseph E. Murray died November 26, 2012, in Boston. The New York Times reports that Murray, “who opened a new era of medicine [in 1954] with the first successful human organ transplant, . . . was awarded the [1990] Nobel Prize in Physiology or Medicine.” As…
Politics & Rights
The Left’s Egalitarian Trap (and Why Republicans Must Not Step In)
Michael A. LaFerrara December 5, 2012
If Republicans cave to the Democrats’ demand to raise taxes on “the rich,” they will have conceded the left's immoral premise that the highest income earners—the so-called one percent—deserve to have their wealth confiscated because they are the wealthiest. [caption id="attachment_5662" align="alignright" width="300"] Image: DonkeyHotey[/caption] What will be the consequences…
Arts & Culture
The NFL: An Analogy for Government’s Proper Role in the Marketplace?
Michael A. LaFerrara November 29, 2012
In defense of government regulation of the economy, NewsCompanion.com writer Stephen Hiltner writes: Sports, in general, provides a fine analogy for what government’s role should ideally be. The athletes and their teams, motivated to beat the competition, bring to their game the same energy and creativity that entrepreneurs and businesses…
Politics & Rights
Where Does Valid Law End and Regulation Begin?
Michael A. LaFerrara November 26, 2012
In my recent post “Don’t Regulate the Innocent, Punish the Guilty,” which concerned the proper role of government in a deadly tainted medication case, a correspondent raised the question of “where valid law ends and regulation begins.” It’s a good question. Very briefly: Valid laws are laws that are objectively…
Politics & Rights
Banning “Price-Gouging” (Or Hampering a Disaster Recovery)
Michael A. LaFerrara November 16, 2012
Politicians never tire of the fantasy that political laws can somehow suspend economic laws. During the height of his state’s Superstorm Sandy crisis, New Jersey Governor Chris Christie took decisive steps to hamper the recovery. How’s that? James Stacey Taylor, associate professor of philosophy at the College of New Jersey,…
Politics & Rights
Don’t Regulate the Innocent, Punish the Guilty
Michael A. LaFerrara November 13, 2012
What is the proper role of government when a product harms customers? The New England Compounding Center (NECC), a Massachusetts compounding pharmacy, reportedly produced a pain-killing steroid medication that sickened at least 338 people in 18 states, resulting in 25 deaths. A compounding pharmacy produces customized, mixed-drug products for individual…
Science & Technology
The Heroes who Enabled Advance Warning of Sandy
Michael A. LaFerrara November 9, 2012
It came all at once, without warning. . . . It was unexpected and unannounced, sudden and surly, inundating, devastating, mutilating, obliterating. It battered and bludgeoned the shore until there was no more shore, until it was all running water and milling debris, until almost every trace of a human…
Science & Technology
Cheers to the Heroes Driving the American Oil and Gas Boom
Michael A. LaFerrara November 1, 2012
"Peak Oil” will have to wait. Confounding the “experts,” amazing new technologies such as horizontal drilling and hydraulic fracturing have led to an astounding surge in American production of crude oil. Jonathan Fahey reports that the United States is set to become the world’s top oil producer: The Energy Department…
Politics & Rights, Science & Technology
The Left’s False Alternative on Health Care
Michael A. LaFerrara October 30, 2012
The latest incarnation of “Medicare-for-all" was introduced in 2009. Though the plan, H.R. 676, was quickly eclipsed by the debate and passage of ObamaCare, it is still simmering just below the political surface. Ray Stever, president of New Jersey One Plan One Nation Coalition, provides an indication of where the…