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 ...
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 ...
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 ...
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, ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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, ...
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.
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 ...
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 ...
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 ...
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 ...
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 ...
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