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February 27, 2008
Some in the media try claim that we are in the beginnings of a recession in an attempt to make the case for larger government intervention in the economy. It is instructive to consider an era when there was a truly severe economic downturn, the…
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January 23, 2008
Amy Robach, a daytime anchor at MSNBC, recently reported on the “Today” show that “everyone’s talking about a recession.” The Business and Media Institute found that the broadcast media mentioned the economy or a recession in 54 stories during…
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November 11, 2009
In a recent Newsweek article, senior editor Michael Hirsh quoted Larry Summers who said: “Large swaths of economics are going to have to be rethought on the basis of what's happened.” Summers is correct that the recent credit crisis and recession…
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July 15, 2009
Nearly 90 years ago Ludwig von Mises, one of the founders of the Austrian school of economics, pointed out that once government intervenes in a market it creates unintended consequences that lead to further government intervention. This process…
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January 27, 2009
The solution to the current economic downturn as put forth by the majority in Congress and touted by most of the news media is for the federal government to enact a massive “stimulus package.”
This stimulus package will be weighted towards federal…
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November 11, 2011
Whenever I watch media coverage of another Occupy Wall Street event I am reminded of an exchange between Jewish protesters in the 1979 Monte Python movie Life of Brian. One of the protesters asks another what the Romans have brought to the area…
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October 27, 2010
This election is about more than who controls the Senate and House of Representatives. It is an election that gives us the chance to examine the “ideal of freedom.” The late Nobel Laureate, Friedrich Hayek, wrote about in his 1960 book, The…
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July 29, 2009
Liberals know that if the health care “overhaul” fails, they cannot blame Republicans. Therefore they are already taking shots against their own. While the Blue Dogs halt a bill that goes against their fiscally conservative values, the rest of the…
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July 2, 2009
President Obama held a “National Discussion on Healthcare Forum” on July 1 in which he was supposed to field questions about healthcare reform. Americans could submit their questions online using YouTube, Facebook and Twitter. While Obama did field…
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June 30, 2009
Time magazine’s Michael Grunwald attempted in an article on Time’s Web site to make connections between two of the most prominent issues facing America and congress today, healthcare and energy. But he put forward a flawed argument that lacked…