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May 21, 2008
The $307-billion, five-year farm bill recently passed both houses of Congress with more than the two-thirds majority necessary to override a presidential veto. The Cato Institute has estimated that the last 20 years of farm programs have cost…
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April 9, 2008
Candidates for president of the United States are being judged on their “plans” for the economy, health care, retirement, housing, etc.
However, in 1920 the renowned Austrian economist Ludwig von Mises published “Socialism,” in which he…
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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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December 9, 2009
A number of business owners have let me know of their new annoyance. They’re taking umbrage. The Great and Powerful Ozbama has chosen a new demon: the small business community. Not long ago, the rhetoric was about the need to assist small business.…
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December 2, 2009
On Sunday’s “Face The Nation” on CBS, Howard Dean, doctor, former Vermont Governor, former head of the DNC, stated that the Veterans Administration’s health care system is, in fact, a socialist system. Yes, he said that. And he praised it as the…
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November 24, 2009
What’s hidden in health care reform that you haven’t heard about? Plenty. Without a news media interested in questioning the contents of the legislation, how could you know about the punitive taxes and job-killing provisions lurking in it?
My…
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November 19, 2009
The new Obama administration Housing Justice Czar is describing the sweeping, new legislation proposed by the President. Let’s listen in …
“We obviously have great inequity in housing in America that requires comprehensive and courageous reform.…
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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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November 11, 2009
When President Obama took office, I set the over-under for reported unemployment at 16 percent. I have a few wagers on the over, which I would gladly forfeit should he resign and turn the reins over to somebody not hell-bent on destroying the…