Category: Politics
By Mary Theroux on Nov 19, 2009 in Budget and Tax Policy, California, Charity, Civil Society, Drugs, Economics, Education, Employment, Labor, Land use, Police, Politics, Privatization, Regulation, Urban Issues, free market | 0 Comments
As cities across the country face growing deficits, instead of their current strategy of raising taxes and cutting services, they might like to take a look at a few case study examples of how those before them solved their challenges.
As an example, ten years ago we hosted the then-mayors of Indianapolis, Stephen Goldsmith, and [...]
By Randall Holcombe on Nov 18, 2009 in Economics, Healthcare, Integrity, Politics, The State | 3 Comments
In Newsweek, November 16, 2009, p. 20, Fareed Zakaria says, “There are two general health-care crises in America — one involving coverage and the other cost. The Obama plan appears likely to tackle the first but not the second. This is bad economics but also bad politics: the crisis of cost affects 85 percent of [...]
By Anthony Gregory on Nov 13, 2009 in Bailouts, Economics, Housing, Politics, Presidential Power, Regulation, socialism | 18 Comments
George W. Bush is launching a free-market think tank. The Washington Times reports:
With the Obama administration establishing far-reaching controls in the auto, real estate and financial sectors, Mr. Bush said that “the role of government is not to create wealth, but to create the conditions that allow entrepreneurs and innovators to thrive.”
So the guy who [...]
By Anthony Gregory on Nov 12, 2009 in Afghanistan, Civil Society, Imperialism, Military, Personal Liberty, Politics, War, corruption | 4 Comments
Women’s rights were always a main argument behind invading and occupying Afghanistan. Now Malalai Joya, a female member of the Afghan Parliament, has called on Obama to withdraw:
Eight years ago, women’s rights were used as one of the excuses to start this war. But today, Afghanistan is still facing a women’s rights catastrophe. Life [...]
By David Theroux on Nov 8, 2009 in Bailouts, Budget and Tax Policy, Economics, Employment, Federal Reserve, Government subsidies, Labor, Money and Banking, Politics, Presidential Power, The State, inflation, unemployment | 2 Comments
The House Republican Conference has just released the following graph on the unemployment effects of Barack Obama’s “stimulus” package:
Also, please see the following, award-winning Independent Institute book:
Out of Work: Unemployment and Government in Twentieth-Century America, Updated Edition
By Richard K. Vedder and Lowell E. Gallaway, Foreword by Martin Bronfenbrenner
(New York University Press)
By Robert Higgs on Nov 7, 2009 in Business, Economics, Great Depression, Politics, The State | 3 Comments
In a November 3 article, the Wall Street Journal reports that corporate cash holdings have reached extraordinary levels:
Stung by the financial crisis, companies are holding more cash — and a greater percentage of assets in cash — than at any time in the past 40 years.
In the second quarter, the 500 largest nonfinancial U.S. firms, [...]
By Randall Holcombe on Nov 5, 2009 in Budget and Tax Policy, Civil Liberties, Personal Liberty, Philosophy, Politics, The State, free market | 25 Comments
John Stossel (who’s leaving ABC to join the Fox Business Network) gave a well-received talk at my university yesterday titled “Freedom and Its Enemies.” Several times during the talk he referred to himself as a libertarian.
Sometimes the libertarian label seems like a liability for people who are both (1) serious about substantially reducing the scope [...]
By Robert Higgs on Nov 2, 2009 in American History, Budget and Tax Policy, Constitution, Federal Reserve, Law, Politics, The State, corruption | 37 Comments
In a recent commentary titled “Diagnostics and Therapeutics in Political Economy,” I endeavored to show that an analytical understanding of past growth in the government’s size, scope, and power does not permit us to prescribe effective means of stopping or slowing this growth, particularly any simple “silver bullet” remedy, and I specifically disclaimed any personal [...]
By Mary Theroux on Oct 31, 2009 in Disaster Management, Healthcare, Insurance, Politics, Presidential Power, Transportation, Urban Issues | 3 Comments
When I was younger, we thought the line “I’m from the government and I’m here to help you,” the height of hilarity, invariably greeted with derisive hoots of laughter. Today it seems that any government official’s exhortation to “Trust me” is greeted as holy gospel, with nary more to be said. A case in point [...]
By Randall Holcombe on Oct 29, 2009 in Disaster Management, Economics, Government subsidies, Healthcare, Insurance, Nationalization, Politics, Regulation, The State | 11 Comments
As Congress debates the merits of the “public option” for health insurance, we might look at Florida for some experience, because Florida has had a public option for years, not for health insurance but for property insurance.
After Hurricane Andrew hit Florida in 1992 some Floridians were having difficulty purchasing homeowners’ insurance. (The reason: rates are [...]