Government Spending
Commentary
Cochrane Threatens Austrians More Than Krugman Ever Did
This is a very short-sighted view. Just because someone gets in a fight with someone who we can’t stand–and I’ve criticized Krugman enough to have credibility on that score–doesn’t mean we should endorse any old arguments. There was quite a bit in Cochrane’s response that should alarm an Austrian economist, ...
Business & Economics
Even When Krugman’s Right, He’s Wrong
In other words, Krugman’s enemies–Eugene Fama and John Cochrane–use invalid arguments but reach a true conclusion, namely that big government deficits don’t help an economy in recession. So here’s Krugman’s opening paragraph: Brad DeLong is upset about the stuff coming out of Chicago these days — and understandably so. First ...
Business & Economics
The Reagan Revolution and Its Discontents
His presidency was better than expected, but worse than desired. Some years ago I had occasion to hear Sir Martin Gilbert, then in the midst of producing the official biography of Winston Churchill, discuss how he became interested in writing history. His answer was simple — curiosity. As a small ...
Agriculture
California as a Warning for America
Your current President is following the exact same path that has been followed by the State of California! If you don’t know, California is the 7th largest economy on the planet…and notice where they have landed…virtual bankruptcy. It is a long and educational read…but give it a try. Pretend you ...
Business & Economics
ObamaCare and Hidden Agendas
President Obama gives us a false choice on health care: his way or the status quo. Nobody wants the status quo, and Republicans have real alternatives. The real choice is whether we have a single-payer, government run health care system. “The health care system in America is broken. Costs are ...
Business & Economics
Manufactured Healthcare Crisis
The American Thinker, August 16, 2009 Lux Libertas, August 16, 2009 These are perilous times. Last November’s election of Barack Obama and a filibuster-proof majority of Democrats in both houses allowed a virulent cabal to capture our nation’s seat of power. As with the Democrat takeover of Congress in 2006, ...
California
Governor Schwarzenegger Misunderstands California’s Lessons for Federal Health Reform
California Governor Arnold Schwarzenegger recently wrote a letter to congressional leaders expressing concern about three elements of the looming federal health care take-over: increasing Medicaid costs; wellness, prevention, and quality; and coverage for all. The July 31 letter shows that the governor has failed to learn the lessons of his ...
Business & Economics
Obama’s Big Spending Fallacy Could Ruin the US Economy: A History Lesson
I’m inclined to the view that the Great Depression was a seminal turning point in the history of economic thought. Thanks to that politically-induced tragedy something like 150 years of sound economic reasoning was overturned by two mercantilist fallacies that we now call Keynesianism, the first of which was the ...
Commentary
Opponents of Obama Health Plan Hit Street
Opponents of runaway government spending have staged Boston Tea Party-inspired protests across the country since April to show their displeasure with what they see as an out-of-touch presidential administration. On June 11, protestors hit the streets of Green Bay, Wisconsin, where more than 1,000 rallied to express their dissatisfaction with ...
Commentary
Sally C. Pipes: Texas-style health care reform is bigger and better
President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
Cochrane Threatens Austrians More Than Krugman Ever Did
This is a very short-sighted view. Just because someone gets in a fight with someone who we can’t stand–and I’ve criticized Krugman enough to have credibility on that score–doesn’t mean we should endorse any old arguments. There was quite a bit in Cochrane’s response that should alarm an Austrian economist, ...
Even When Krugman’s Right, He’s Wrong
In other words, Krugman’s enemies–Eugene Fama and John Cochrane–use invalid arguments but reach a true conclusion, namely that big government deficits don’t help an economy in recession. So here’s Krugman’s opening paragraph: Brad DeLong is upset about the stuff coming out of Chicago these days — and understandably so. First ...
The Reagan Revolution and Its Discontents
His presidency was better than expected, but worse than desired. Some years ago I had occasion to hear Sir Martin Gilbert, then in the midst of producing the official biography of Winston Churchill, discuss how he became interested in writing history. His answer was simple — curiosity. As a small ...
California as a Warning for America
Your current President is following the exact same path that has been followed by the State of California! If you don’t know, California is the 7th largest economy on the planet…and notice where they have landed…virtual bankruptcy. It is a long and educational read…but give it a try. Pretend you ...
ObamaCare and Hidden Agendas
President Obama gives us a false choice on health care: his way or the status quo. Nobody wants the status quo, and Republicans have real alternatives. The real choice is whether we have a single-payer, government run health care system. “The health care system in America is broken. Costs are ...
Manufactured Healthcare Crisis
The American Thinker, August 16, 2009 Lux Libertas, August 16, 2009 These are perilous times. Last November’s election of Barack Obama and a filibuster-proof majority of Democrats in both houses allowed a virulent cabal to capture our nation’s seat of power. As with the Democrat takeover of Congress in 2006, ...
Governor Schwarzenegger Misunderstands California’s Lessons for Federal Health Reform
California Governor Arnold Schwarzenegger recently wrote a letter to congressional leaders expressing concern about three elements of the looming federal health care take-over: increasing Medicaid costs; wellness, prevention, and quality; and coverage for all. The July 31 letter shows that the governor has failed to learn the lessons of his ...
Obama’s Big Spending Fallacy Could Ruin the US Economy: A History Lesson
I’m inclined to the view that the Great Depression was a seminal turning point in the history of economic thought. Thanks to that politically-induced tragedy something like 150 years of sound economic reasoning was overturned by two mercantilist fallacies that we now call Keynesianism, the first of which was the ...
Opponents of Obama Health Plan Hit Street
Opponents of runaway government spending have staged Boston Tea Party-inspired protests across the country since April to show their displeasure with what they see as an out-of-touch presidential administration. On June 11, protestors hit the streets of Green Bay, Wisconsin, where more than 1,000 rallied to express their dissatisfaction with ...
Sally C. Pipes: Texas-style health care reform is bigger and better
President Obama’s campaign for healthcare reform has run into an unexpected roadblock — other Democrats. And, Senate Majority Leader Harry Reid, D-NV, said yesterday that the Senate would not be voting on a bill prior to the August recess. The president wanted to get a bill passed before the recess ...
