At the heart of the Christmas story rests some important lessons concerning free enterprise, government, and the role of wealth in society.
It might take a while to sink in, but the global warming cause is on the skids. Two issues are taking the whole project down: it is getting cooler not warmer (and hence the change of the rhetoric to a vague concern over “climate change”), and the email scandal of a few weeks back proved [...]
The world has an impression of the United States as a free-wheeling, hard-drinking country where few things are regulated. The world should wake up to the reality that the US is governed by a totalitarian bureaucracy that claims to manage every aspect of our lives, which means of course managing the economy with massive regulatory [...]
Do you think ideas don’t matter, that what people believe about themselves and their world has no real consequence? If so, the following will not bug you in the slightest.
It must be really painful to be an economist of the mainstream today, or, at least, it should smart to some extent. In a financial and economic calamity of the current scale, people naturally want to know who issued the warnings about the real estate bubble and its likely aftermath.
The economic meltdown has put the country on the fast track to socialism, but through a series of tiny steps. One need only to examine the supposed victories in the war on depression to see how this is happening. The latest is the claim that the Obama administration has successfully renegotiated many mortgage obligations in [...]