Business & Economics
Business & Economics
Democrats: Increase oil and tobacco taxes to close budget gap
The dedicated, selfless legislators in Sacramento have been working hard to sort out California’s budget crisis. And after months and months of negotiations, they’ve come up with solution: the taxpayers can make up the $24 billion budget shortfall. The Bee reported on June 15th that “[t]obacco and oil severance taxes ...
Cameron English
June 16, 2009
Business & Economics
Tort Law Tally – Letters, faxes, and e-mail
The ascendancy of Barack Obama has emboldened the Association of Trial Lawyers of America, now repackaged as the American Association for Justice. Recently, the trial lawyers sent the Obama team their 2009 legislative “wish list” as part of a broader strategy to expand litigation and deny that lawsuit reform cuts ...
Lawrence J. McQuillan
June 15, 2009
Business & Economics
Why I Expect Serious Stagflation
However, even though unemployment rates will not be as severe, I still predict that we are in store for a miserable decade of economic stagnation. Given all of the huge assaults of the federal government into the private sector in just the past six months, I frankly don’t understand how ...
Robert P. Murphy
June 15, 2009
Commentary
How to Bankrupt a Country
What if you found that your personal income this year will be $55,000, but you will spend $100,000 — even though you had no prior savings? And what if next year’s picture looked similar, and the year after that, and so on? If President Obama were your personal financial advisor, ...
Jeffrey H. Anderson
June 12, 2009
Business & Economics
Pajamas Media Interview: The Politically Incorrect Guide To the Great Depression
Ed Driscoll speaks with Prof. Robert P. Murphy of the Ludwig von Mises Institute, the author of the new book, The Politically Incorrect Guide To the Great Depression.
Ed Driscoll
June 12, 2009
Business & Economics
California’s Textbook Case
Governor Schwarzenegger last month announced a first-in-the-nation plan to offer free digital math and science textbooks for high school students. Facing a $24 billion budget deficit, the governor touts the need for “such innovative ways to save money and improve services.” Shifting the curriculum online might help reduce the state’s ...
Daniel R. Ballon
June 10, 2009
Agriculture
Analyzing the politics of climate change
San Francisco Examiner, June 9, 2009 We hear it every day. News headlines read: “Global Warming Biggest Threat of 21st Century, Experts say.” (businessweek.com. May 13th, 2009. Gardner, Amanda). News anchors provide us with a choice, either we believe the scientists that support global warming hypotheses, or we reject science ...
Blake Yount
June 9, 2009
Business & Economics
California’s Economy: Boxer And Krugman Get It Wrong
New York Times columnist Paul Krugman argued in a May 25th column that California’s economic problems are rooted in a dysfunctional government that finds it “extremely hard to raise taxes, even in emergencies.” On May 28, California’s junior Senator, Barbara Boxer made a similar argument on MSNBC’s Morning Joe. Both ...
Jason Clemens
June 8, 2009
Business & Economics
Curing the Healthcare Maladies in the Stimulus Package
As a psychiatrist, I’ve observed that people generally make bad decisions when they’re rushed and in crisis. Politicians, unfortunately, often fail to recognize this aspect of human nature. Clearly, we are in an economic crisis, which makes me immediately fearful of politicians’ proposed cures. In rushing to stimulate the economy—a ...
Mark Schiller
June 8, 2009
Business & Economics
The Politically Incorrect Guide™ to the Great Depression and the New Deal
Everything they say about the Great Depression and the New Deal is wrong. No economic myth these days is more pernicious than the myth that the free market caused the Great Depression and the New Deal got us out of it. That, as economist Robert P. Murphy points out is ...
Pacific Research Institute
June 6, 2009
Democrats: Increase oil and tobacco taxes to close budget gap
The dedicated, selfless legislators in Sacramento have been working hard to sort out California’s budget crisis. And after months and months of negotiations, they’ve come up with solution: the taxpayers can make up the $24 billion budget shortfall. The Bee reported on June 15th that “[t]obacco and oil severance taxes ...
Tort Law Tally – Letters, faxes, and e-mail
The ascendancy of Barack Obama has emboldened the Association of Trial Lawyers of America, now repackaged as the American Association for Justice. Recently, the trial lawyers sent the Obama team their 2009 legislative “wish list” as part of a broader strategy to expand litigation and deny that lawsuit reform cuts ...
Why I Expect Serious Stagflation
However, even though unemployment rates will not be as severe, I still predict that we are in store for a miserable decade of economic stagnation. Given all of the huge assaults of the federal government into the private sector in just the past six months, I frankly don’t understand how ...
How to Bankrupt a Country
What if you found that your personal income this year will be $55,000, but you will spend $100,000 — even though you had no prior savings? And what if next year’s picture looked similar, and the year after that, and so on? If President Obama were your personal financial advisor, ...
Pajamas Media Interview: The Politically Incorrect Guide To the Great Depression
Ed Driscoll speaks with Prof. Robert P. Murphy of the Ludwig von Mises Institute, the author of the new book, The Politically Incorrect Guide To the Great Depression.
California’s Textbook Case
Governor Schwarzenegger last month announced a first-in-the-nation plan to offer free digital math and science textbooks for high school students. Facing a $24 billion budget deficit, the governor touts the need for “such innovative ways to save money and improve services.” Shifting the curriculum online might help reduce the state’s ...
Analyzing the politics of climate change
San Francisco Examiner, June 9, 2009 We hear it every day. News headlines read: “Global Warming Biggest Threat of 21st Century, Experts say.” (businessweek.com. May 13th, 2009. Gardner, Amanda). News anchors provide us with a choice, either we believe the scientists that support global warming hypotheses, or we reject science ...
California’s Economy: Boxer And Krugman Get It Wrong
New York Times columnist Paul Krugman argued in a May 25th column that California’s economic problems are rooted in a dysfunctional government that finds it “extremely hard to raise taxes, even in emergencies.” On May 28, California’s junior Senator, Barbara Boxer made a similar argument on MSNBC’s Morning Joe. Both ...
Curing the Healthcare Maladies in the Stimulus Package
As a psychiatrist, I’ve observed that people generally make bad decisions when they’re rushed and in crisis. Politicians, unfortunately, often fail to recognize this aspect of human nature. Clearly, we are in an economic crisis, which makes me immediately fearful of politicians’ proposed cures. In rushing to stimulate the economy—a ...
The Politically Incorrect Guide™ to the Great Depression and the New Deal
Everything they say about the Great Depression and the New Deal is wrong. No economic myth these days is more pernicious than the myth that the free market caused the Great Depression and the New Deal got us out of it. That, as economist Robert P. Murphy points out is ...