The Necessary Correction Finally Arrives
Stock markets tumble around the world. Austrians school economists saw it coming several years ago.
Opinion
The Curious Case of Estonia: Where Austerity Works
After a deep contraction, one small Baltic nation cuts spending and wages to regain competitiveness.
Social Security Has to Be Changed
America’s public pension system has to be reformed if it is to remain solvent but Democrats are opposed to changes.
Higher Tax Rates Won’t Boost Revenue
Income tax receipts in the United States have remained exceptionally constant in recent decades, whatever the top rates.
Downgrade of American Debt Almost Inevitable
Despite a deal to cut government spending, the United States could lose their top credit rating.
Where’s the Democrats’ Plan?
Republicans have offered plan after plan for deficit reduction but Democrats don’t seem willing to consider any substantial spending cuts.
Argentina’s Economic Policies Are Failing
President Kirchner’s protectionism and economic policies are hurting competitiveness and driving up inflation.
Republican “Class Warfare”
Critics of Republican welfare cuts ignore that President Barack Obama hugely expanded these programs.
Why the Stimulus Was Bound to Fail
Keynesianism fails at a most basic level. It doesn’t agree that private investment not government spending generates growth.
Are the Rich Paying Their Fair Share?
Democrats insist that wealthy Americans should contribute to deficit reduction but aren’t they already paying their fair share?
The Argument Against Charter Schools
One opponent of school choice explains why we can’t have education that is “custom tailored” to individual students.
Why Should We Think Obama is Serious Now?
The president says that he’s willing to make hard choices but hasn’t done so.
EPA Continues War on Coal in Texas
The Environmental Protection Agency is waging a regulatory campaign against the oil and natural gas industry.
Splitting California in Half
Splitting the conservative parts of California from the rest of the Golden State might not be such a bad idea.
Light Bulbs and Obama’s Paternalism
The push to ban incandescent light bulbs from the United States exposes the utterly misguided paternalism of the Obama Administration.