You Must Sacrifice

In an article entitled “We The Problem,” Evan Thomas, editor at Newsweek, is trying to establish what’s wrong with his country. The problem isn’t the political system, he writes. “It’s us.” For decades now, Americans have lived “as if there is no tomorrow,” according to Thomas. “They have racked up personal debt, spending more than […]

Forgotten in the Health Care Debate

Proponents of health-care reform in the United States obviously have the patients’ interests at heart. For millions of Americans today, medical treatment is impossible to pay for while the system altogether is growing evermore expensive. The needs of those who can’t afford care are at the forefront, but the wishes of doctors and nurses are […]

Life, Liberty and the Right to Property

Since the 2010 Index of Economic Freedom published by the Washington-based Heritage Foundation and The Wall Street Journal warned that, “Government interventions in financial markets and the automotive sector have raised concerns about expropriation and violation of the contractual rights of shareholders and bondholders” in the United States, it is prudent to explore the necessity […]

Subsidizing Jobs

States are subsidizing jobs, using taxpayers’ dollars to help companies meet payrolls. That’s not something government should be engaged in.

Freeing Children From Government Schools

In spite of ever rising costs and increasingly disappointing results, the government monopoly on education is hardly ever called into question. Education, defenders of the system argue, is too important to leave to the free market. The arguments put forward by those in favor of a state-run system typically boil down to two misleading claims. […]

Crony Capitalism

Russell Roberts and Marta Mossburg discuss the growth of crony capitalism.

TARP Didn’t Work

Three weeks ago, while announcing the Financial Crisis Responsibility Fee, President Barack Obama described the Troubled Asset Relief Program (TARP) as “a distasteful but necessary thing to do.” Although most of the money had been recouped already, the administration promised to get back “every single dime” the banks owed the American government. A few days […]

No Bank “Too Big To Fail”

Kevin Warsh of the Federal Reserve warns that by bailing out banks, government has only strengthened moral hazard in the financial sector.

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 […]