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Displaying: 33 - 64 of 507 items.
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Issue 498 Wall Street and Its Protesters Are Both Addicted to Government Handouts
27 October 2011, Rachel Marsden
If President Obama and Congress decided tomorrow to end American military action worldwide, create a government-funded health care system and rightfully stop bailing out Wall Street banks, would you really be satisfied? Would that solve all your problems? I doubt it.
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Issue 497 A Little Inflation Can Be a Dangerous Thing
21 October 2011, Paul Volcker
We are now beginning to hear murmurings about the possible invigorating effects of “just a little inflation.” Perhaps 4 or 5 percent a year would be just the thing to deal with the overhang of debt and encourage the “animal spirits” of business, or so the argument goes.
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Issue 496 'Stop Whining'?
19 October 2011, Thomas Sowell
If there was ever any doubt that the Democrats take the black vote for granted, that doubt should have been put to rest when Barack Obama told the Congressional Black Caucus, "Stop whining!"
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Issue 495 Stimulus Has Been a Washington Job Killer
14 October 2011, John F Coogan
Temporary, targeted tax reductions and increases in government spending are not good economics. They have repeatedly failed to increase economic growth on a sustainable basis. What may come as a surprise is that such policies are not good politics either. Their inability to deliver promised economic benefits has invariably led disappointed voters to turn against those politicians, Democratic and Republican, who have supported them.
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Political Shortcomings of MMP
14 October 2011, Roger Kerr
I would care less about the adverse economic consequences of our mixed member proportional (MMP) voting system, which were outlined in my last article, if they reflected the genuine democratic preferences of New Zealanders. They are unlikely to do so, however, because of the constitutional and political weaknesses of MMP.
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Issue 494 There Will Be Oil
12 October 2011, Daniel Yergin
Since the beginning of the 21st century, a fear has come to pervade the prospects for oil, fueling anxieties about the stability of global energy supplies. It has been stoked by rising prices and growing demand, especially as the people of China and other emerging economies have taken to the road. This specter goes by the name of "peak oil."
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Issue 493 Two Different Worlds: Part 2
10 October 2011, Thomas Sowell
A few weeks ago, I had what seemed to me a small medical problem, so I phoned my primary physician. However, after we discussed the problem, he directed me to a specialist. No more than 5 hours elapsed between my seeing the first specialist and the time when I was on an operating table.
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Issue 492 Two Different Worlds
5 October 2011, Thomas Sowell
Ideological clashes over particular laws, policies and programs often go far deeper. Those with opposing views of what is desirable for the future also tend to differ equally sharply as to what the reality of the present is. In other words, they envision two very different worlds.
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Issue 491 The Obama-Buffett Siren Call
3 October 2011, Richard A Epstein
Mr. Buffett and the president are not alone in their determined inability to understand how economic systems work. In the past several weeks, I have been peppered with pointed criticism insisting that any concern with the effect of marginal rates of taxation on high-income earners is overwrought.
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Issue 490 End the Fed's Dual Mandate and Focus on Prices
30 September 2011, John B Taylor
Some worry that a single focus on the goal of price stability would lead to more unemployment. But history shows just the opposite. A single mandate wouldn't stop the Fed from providing liquidity, or serving as lender of last resort, or reducing the interest rate in a financial crisis or a recession. But it would make it more difficult for the Fed to engage in the kinds of discretionary actions that frequently have resulted in higher unemployment.
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Issue 489 The New Civil Rights Leaders
26 September 2011, Rishawn Biddle
These days, civil rights leadership can be claimed by folks such as Geoffrey Canada, Dr. Steve Perry, and Gwen Samuel. Each one is taking on the biggest concern among black families - and families throughout the nation overall - in this century: the reform of America's lackluster traditional public schools.
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Issue 488 Using Rights to Gag Free Speech
21 September 2011, Mark Steyn
To be honest, I didn't really think much about "freedom of speech" until I found myself the subject of three "hate speech" complaints in Canada in 2007.
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Issue 487 The Obama Presidency by the Numbers
19 September 2011, Michael J Boskin
When it comes to the economy, presidents, like quarterbacks, often get more credit or blame than they deserve. They inherit problems and policies that affect the economy well into their presidencies and beyond. Reagan inherited Carter's stagflation, George H.W. Bush twin financial crises, and their fixes certainly benefitted the Clinton economy.
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Issue 486 Deserving and Undeserving Inequality
15 September 2011, Gary Becker
Although attitudes to inequality differ across cultures and countries, in every society these attitudes depend on whether the inequality is considered to improve efficiency and to be deserving – the difference between “good” and “bad” inequality.
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Issue 485 Mad March of Political Correctness
13 September 2011, Janet Albrechtsen
Mark Twain knew a thing or two about political correctness when he said: "Sometimes I wonder whether the world is run by smart people who are putting us on or by imbeciles who really mean it."
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Issue 484 How Big Government Hurts the Average Joe
8 September 2011, Edward Paul Lazear
During the debt-ceiling debate, President Obama characterized his push for higher taxes and less aggressive budget cuts as being helpful to the middle class. The claim was that failing to raise taxes on high-income earners would place a disproportionate share of the pain on the rest. But it is our record-high government spending, not the failure to raise taxes on the rich, that is the typical American's largest long-term problem.
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Issue 483 Why the Poor Need the Marketplace
2 September 2011, John Goodman
If left wing political theory is true, we should expect to see huge inequalities in the ownership of goods sold in the market, but fairly equal consumption in health care and education. But there’s the irony. The exact opposite of this prediction has been borne out.
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Issue 482 Tax Reform's Moment
30 August 2011, Stephen Moore
What everyone inside and outside the Beltway wants to know, given the recent economic funk, is: Where will the growth come from? Certainly not from another round of failed Keynesian spending blowouts. Nor will Republicans, in an era of $1.5 trillion deficits, get very far pitching pro-growth tax rate cuts, a la Reagan 1981, without major offsetting loophole closings. This omelet is going to require cracking some eggs.
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Issue 481 A New Strategy For Economic Growth
25 August 2011, Kevin Warsh and Jeb Bush
Policy makers should cease the barrage of ad hoc, short-term policy initiatives. Is increased federal spending across government agencies a grand strategy? How about checks in the mail to spur spending? Cash for clunkers to move auto inventories? Fast trains and faster Internet? Mortgage modification programs and fleeting tax credits to re-stoke home ownership?
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Après le Déluge, What?
19 August 2011, Peggy Noonan
The riots in Britain left some Americans shaken. In the affluence of the past 40 years, and with the rise of the jumbo jet, we became a nation of travelers. We have been to England, visited a lot of those neighborhoods. They were peaceful; now they're in flames.
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Issue 479 How to Get That AAA Rating Back
12 August 2011, Robert J Barro
Friday's downgrade of the U.S. credit rating by Standard & Poor's should have been a wake-up call to the administration. S&P is saying, accurately, that there is no coherent long-term plan in place to deal with the U.S. government's fiscal deficits.
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Issue 478 Greens Turning Up the Heat on Freedoms
10 August 2011, Miranda Devine
In a serendipitous coincidence of timing, in the space of two hours this week Australians were afforded a sharp, momentary insight into the two opposing ideological mindsets that are competing for the soul of our nation.
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Issue 477 The End of the Growth Consenses
7 August 2011, John B Taylor
The US growth slowdown this year is not only disappointing, it's a reminder that the recovery has been stalled from the start. The percentage of the working-age population that is actually working has declined since the start of the recovery. With unemployment still over 9%, there is an urgent need to change course.
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Issue 476 A Beacon For US Trade Policy
27 July 2011, Daniel J. Ikenson
Sixteenth-century mercantilist dogma may still dominate trade policymaking in Washington, but in Canberra the government has set a 21st-century course by espousing and embracing the real benefits of trade.
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Issue 475 Obama vs. ATMs: Why Technology Doesn’t Destroy Jobs
25 July 2011, Russell Roberts
The story goes that Milton Friedman was once taken to see a massive government project somewhere in Asia. Thousands of workers using shovels were building a canal. Friedman was puzzled. Why weren't there any excavators or any mechanized earth-moving equipment? A government official explained that using shovels created more jobs. Friedman's response: "Then why not use spoons instead of shovels?"
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Issue 474 The Disappearing Recovery
22 July 2011, Daniel Henniger
Barack Obama, John Boehner and Mitch McConnell have been performing an intricate scorpion dance over spending, taxes and the debt ceiling, premised on the belief that this is the deal that would ignite the recovery. But what if it's too late? What if that first-quarter growth rate of 1.8% is a portent of the U.S.'s long-term future? What if below-normal U.S. GDP is, as the Obama folks like to say, the new normal?
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Issue 473 Economists, It’s Time For The Lawyers
21 July 2011, Alan Beattie
Got an economy that needs fixing? Hire a lawyer. That, disgruntled economists darkly mutter, is an emerging trend.
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Issue 472 The Department of Food Subsidies
15 July 2011, Victor Davis Hanson
If US farmers on their own are making handsome profits, why, with a $1.6 trillion annual federal deficit, is the Department of Agriculture borrowing unprecedented amounts to subsidize them?
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Issue 471 The “Fair” Trade Delusion
13 July 2011, Richard A. Epstein
In the sprawling field of international relations, few debates are as persistent and acrimonious as the one between the advocates of "free trade" and "fair trade."
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Issue 470: Wimbledon 2011: Game, Set and Tax- Why Andy Murray Will Always Get Clobbered
8 July 2011, Boris Johnson
All sorts of theories will continue to be produced for that sudden lassitude in the fiery Scot, the visible evaporation of the killer instinct. But no one has so far been so vulgar as to ask the million pound question. What about the money?
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Issue 469 Rules and Standards in a Free Society
30 June 2011, Steven Eagle
Two related concepts that are hallmarks of free societies are individual choice and the rule of law. Being “free to choose,” as Milton Friedman’s title described it, distinguishes the responsible adult in a free society from the small child or prisoner. But freedom of choice cannot be unlimited if a society is to have more than one free individual.
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Issue 468 Estonia: The Little Country That Could
29 June 2011, Richard W. Rahn
Most Eastern European countries that were controlled by the communists have had successful political/economic transitions and are far more prosperous than they were two decades ago, but none has come as far as Estonia.
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