How Much Profit Do You Need?

Writing for The Huffington Post about the American health insurance industry, Bill Moyers and Michael Winship wonder, “Why is too much not enough?” Living in these United States, there comes a point at which you throw your hands up in exasperation and despair and ask a fundamental question or two: how much excess profit does […]

Health Insurers On the Defensive

Speaking at Arcadia University in Glenside, Pennsylvania on Monday, President Barack Obama launched a fierce attack on health insurers who, he said, “continue to ration care on the basis of who’s sick and who’s healthy.” The remark comes amid a renewed wave of renunciations of insurance companies as the administration attempts to push its health-care […]

The Toyota Recall

The world’s largest automaker recalls millions of vehicles and proves that corporate responsibility needs no bureaucrats or anti-business statues.

Obama Privatizes Space

That’s right. As much as this (and the last) American administration has nationalized entire industries and promotes the overregulation of others to such a degree that the 2010 Index of Economic Freedom warns of “concerns about expropriation and violation of the contractual rights of shareholders and bondholders,” President Barack Obama seeks privatization in perhaps rather […]

Obama Champions Small Business

One of the stated goals of President Obama’s Financial Crisis Responsibility Fee is to reduce the size of financial institutions. Ideally, his administration would like to do some modern trust busting to make sure that banks won’t ever be “too big to fail” again. Who decides when a bank is “too big”? The same government […]

Deregulate the Banks!

Regulatory failure instead of a lax monetary policy bears the responsibility for the American housing bubble that produced the financial crisis of 2008, said Federal Reserve chairman Ben Bernanke this Sunday. Bernanke rejected accusations that the Fed contributed to the fostering of the recession and argued that the interest rates set by the bank between […]

Europe’s Egg Shortage

It’s difficult to get about some eggs in the eastern parts of the Netherlands these days. Supermarkets are experiencing serious shortages there because large supplies of eggs have been bought up by German wholesalers. The Netherlands has always been one of the world’s greatest exportors of eggs but usually not at a disadvantage to the […]

Labor Laws Hindering India’s Growth

“Deadly labor wars hinder India’s rise,” wrote The Wall Street Journal last month. In spite of Prime Minister Manmohan Singh’s efforts to reform India along free-market lines, the country’s long history with socialism continues to keep it from truly embracing capitalism. Battle lines are being drawn in labor actions across India. Factory managers, amid the […]