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May 30, 2014
Two out of three networks spurned the downgrade of GDP into negative territory on May 29 and 30.Of the ABC, CBS and NBC morning and evening news shows, only CBS “Evening News” mentioned that the already weak first-quarter GDP number was revised down…
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June 23, 2014
MSNBC “Morning Joe” co-host Mika Brzezinski piled on to left-wing media attacks against Walmart on June 23, and rejected a fellow journalist’s explanation of how economics works.The New York Times’ liberal columnist Timothy Egan attacked Walmart’s…
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June 26, 2014
After downplaying bad economic news for months, the broadcast networks continued their head-in-the-sand approach once again.The Bureau of Economic Analysis (BEA) revised earlier growth estimates sharply downwards. It announced on June 25 that found…
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December 7, 2005
Economist Brian Wesbury has called them Pouting Pundits of
Pessimism. These are the members of the media who seem to be
focused on the negatives and cant find the positives in the
economic…
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November 9, 2005
History has proven the efficacy of market capitalism in producing
wealth for the masses. The fall of the Soviet Union, the movement of
China and India to market economies, and the influx of immigrants…
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October 5, 2005
In the aftermath of the hurricane destruction caused by Katrina and
Rita, much has been made about government plans for the
reconstruction of New Orleans. While this may seem to be a…
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September 14, 2005
As with nearly every other major natural disaster, Hurricane Katrina
resulted in short-term higher prices and cries of price-gouging by
politicians and those who are not familiar with how the market…
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August 24, 2005
Recent discussions about housing prices show confusion about what
makes for correct prices. The market sets prices that are correct
when the quantity that people demand of a good or service is equal…
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April 5, 2006
The youth of France are faced with unemployment rates that parallel
those of the general U.S. labor force during the Great Depression,
with about one out of five people aged 18 to 25 unable to find work…
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