Category Archives: Economics

Vaclav Havel on Economics in Czech Republic

As noted here, Vaclav Havel had this to say, while drinking a scotch: The government has embraced an arrogant ideology. They claim to know the key to prosperity. It’s analogous to communism. They thought the same thing. The clever ones … Continue reading

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The Austrians are Back

This weekend, the WSJ had a lengthy bio of GMU professor, Peter Boettke and his part in the revival of Austrian Economics.

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Government Defaults Loom

So says Morgan Stanley: Investors face defaults on government bonds given the burden of aging populations and the difficulty of increasing tax revenue, according to a Morgan Stanley executive director. “Governments will impose a loss on some of their stakeholders,” … Continue reading

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The Limitless Welfare State

William Voegeli from the Claremont Salvatori Center speaks about his new book, Never Enough: America’s Limitless Welfare State.

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Kudlow on Obama and the Economy

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George Leef on the Laffer Curve

George Leef at JLF writes about the Laffer Curve: The right question to ask is not what tax rate maximizes government revenues, but what is the proper scope of government activity. That’s all we should pay for.

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Barney Frank Wants to Subsidize Renters

In a very interesting exchange on Kudlow, Rep. Barney Frank says he wants to not only subsidize renters, but also that the best mistake made was to subsidize homeowners–leading in part to the bailouts of Fannie and Freddie.

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Stossel Takes Greenspan to the Shed

I’m getting tired of Alan Greenspan. First, the former Federal Reserve chairman blamed an allegedly unregulated free market for the housing and financial debacle. Now he favors repealing the Bush-era tax cuts. This has a certain sad irony. Recall that … Continue reading

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More Candidates Nodding to Ayn Rand

During a two-hour fundraising cruise in southeastern Wisconsin on Sunday, July 18, Republicans feasted on bratwurst, sauerkraut, and beer as they chatted about their good chances of sending a Republican to the U.S. Senate for the first time since 1986. … Continue reading

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The Golden Age of Flight

With the cost still prohibitive for many, Congress and the Carter administration deregulated the industry in 1978. That opened the market to new interstate airlines and let carriers fly wherever they wanted, whenever they wanted, and at whatever prices they … Continue reading

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