Commentary

Agriculture

California State’s Bankruptcy and its Economic Future: A report from a conference

Liberty on the Mind (an offshoot of Liberty on the Rocks for conferences) organized a conference on the subject of the fiscal crisis of the state of California at Santa Clara University on 27th April 2009. As a grassroots organization, LOTR attracts members who are capable of animated public policy ...
Business & Economics

An inevitable blast

Economist Robert P Murphy at the blog Free Advice must have heard me screeching with Total Mogambo Disrespect (TMD) about Congress and Barack Obama deficit-spending almost US$2 trillion this year, and he says, “If fiscal policy is a disaster, monetary policy is even worse.” I interrupt and say, “You said ...
Commentary

Failing D.C. Students

The Gadfly, May 6, 2009 The Washington, D.C. public school system is among the nation’s worst. In fact, it’s relatively uncontroversial to say that public schools in D.C. are the worst in the nation—despite the District spending over $15,000 per pupil in its public school system, by far the highest ...
Business & Economics

CNBC News – NY Fed Chair Resignation Watch

Airtime: Wed. May 6 2009 | 4:22 PM ET Fmr. Goldman Sachs CEO Steve Friedman, now chairman of the board of the NY Fed, made unethical purchases of Goldman Sachs stock after they became a bank holding company regulated by the NY Fed. CNBC’s Larry Kudlow is calling for his ...
Business & Economics

Obama shifts personal responsibility to Washington

America has been irresponsible for too long, runs the rhetoric from the Obama White House, and that must be rectified. To that end, the president calls his budget blueprint, which outlines his spending and taxing priorities for the next 10 years, “A New Era of Responsibility.” But calling something responsible ...
Business & Economics

Did FDR Make the Depression Great?

Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression: the Keynesian account, which stresses a lack of aggregate demand; Milton Friedman’s monetarism, which ascribes the severity of the early ...
Business & Economics

Why HOT is better than HOV for California

As May 19th approaches, and the possibility of yet another budget crisis looms, Californians would do well to consider how well our state government uses and manages its existing resources. Transportation is one example where the state could get a great deal more out of the existing infrastructure while actually ...
Commentary

A Cure Worse Than The Disease

Emily Morley got some very bad news in March 2006. Her cancer had spread, the doctor informed the 67-year-old Canadian. She would need to see an oncologist. Then Morley got some really bad news: She’d have to wait several months before she could get an appointment. Only after her family ...
Business & Economics

The Cost of Cap and Trade

Recently Congress took a break from nationalizing corporations and discussed the Waxman-Markey “cap and trade” bill in which the federal government would auction off permits to businesses giving them legal permission to emit carbon dioxide. During the four days of hearings, one of the most contentious issues was how much ...
Business & Economics

Political Insiders On Obama’s First 100 Days

After President Obama’s 100 days in office, National Journal asked its Political Insiders to rank how he has handled four key groups: Democrats in Congress, Republicans in Congress, allies abroad and adversaries abroad — relationships that will have a major impact on the overall success of his presidency. Democratic Political ...
Agriculture

California State’s Bankruptcy and its Economic Future: A report from a conference

Liberty on the Mind (an offshoot of Liberty on the Rocks for conferences) organized a conference on the subject of the fiscal crisis of the state of California at Santa Clara University on 27th April 2009. As a grassroots organization, LOTR attracts members who are capable of animated public policy ...
Business & Economics

An inevitable blast

Economist Robert P Murphy at the blog Free Advice must have heard me screeching with Total Mogambo Disrespect (TMD) about Congress and Barack Obama deficit-spending almost US$2 trillion this year, and he says, “If fiscal policy is a disaster, monetary policy is even worse.” I interrupt and say, “You said ...
Commentary

Failing D.C. Students

The Gadfly, May 6, 2009 The Washington, D.C. public school system is among the nation’s worst. In fact, it’s relatively uncontroversial to say that public schools in D.C. are the worst in the nation—despite the District spending over $15,000 per pupil in its public school system, by far the highest ...
Business & Economics

CNBC News – NY Fed Chair Resignation Watch

Airtime: Wed. May 6 2009 | 4:22 PM ET Fmr. Goldman Sachs CEO Steve Friedman, now chairman of the board of the NY Fed, made unethical purchases of Goldman Sachs stock after they became a bank holding company regulated by the NY Fed. CNBC’s Larry Kudlow is calling for his ...
Business & Economics

Obama shifts personal responsibility to Washington

America has been irresponsible for too long, runs the rhetoric from the Obama White House, and that must be rectified. To that end, the president calls his budget blueprint, which outlines his spending and taxing priorities for the next 10 years, “A New Era of Responsibility.” But calling something responsible ...
Business & Economics

Did FDR Make the Depression Great?

Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression: the Keynesian account, which stresses a lack of aggregate demand; Milton Friedman’s monetarism, which ascribes the severity of the early ...
Business & Economics

Why HOT is better than HOV for California

As May 19th approaches, and the possibility of yet another budget crisis looms, Californians would do well to consider how well our state government uses and manages its existing resources. Transportation is one example where the state could get a great deal more out of the existing infrastructure while actually ...
Commentary

A Cure Worse Than The Disease

Emily Morley got some very bad news in March 2006. Her cancer had spread, the doctor informed the 67-year-old Canadian. She would need to see an oncologist. Then Morley got some really bad news: She’d have to wait several months before she could get an appointment. Only after her family ...
Business & Economics

The Cost of Cap and Trade

Recently Congress took a break from nationalizing corporations and discussed the Waxman-Markey “cap and trade” bill in which the federal government would auction off permits to businesses giving them legal permission to emit carbon dioxide. During the four days of hearings, one of the most contentious issues was how much ...
Business & Economics

Political Insiders On Obama’s First 100 Days

After President Obama’s 100 days in office, National Journal asked its Political Insiders to rank how he has handled four key groups: Democrats in Congress, Republicans in Congress, allies abroad and adversaries abroad — relationships that will have a major impact on the overall success of his presidency. Democratic Political ...
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