Business & Economics
Agriculture
California State’s Bankruptcy and its Economic Future: A report from a conference
Liberty on the Mind (an offshoot of Liberty on the Rocks for conferences) organized a conference on the subject of the fiscal crisis of the state of California at Santa Clara University on 27th April 2009. As a grassroots organization, LOTR attracts members who are capable of animated public policy ...
Business & Economics
An inevitable blast
Economist Robert P Murphy at the blog Free Advice must have heard me screeching with Total Mogambo Disrespect (TMD) about Congress and Barack Obama deficit-spending almost US$2 trillion this year, and he says, “If fiscal policy is a disaster, monetary policy is even worse.” I interrupt and say, “You said ...
Business & Economics
CNBC News – Early Stress Test Results
Airtime: Wed. May 6 2009 | 4:02 PM ET A look at the early stress test results and more with Lee Hoskins, fmr. Cleveland Fed Bank president; Bill Isaac, fmr. FDIC chairman; and CNBC’s Mary Thompson, Charlie Gasparino & Larry Kudlow.
Business & Economics
Is the CIRM Good Medicine for California?
The California Institute for Regenerative Medicine (CIRM) turns five in 2009, a good occasion for a report card, beginning with the “medicine” part. Here we have a problem. “The California program has yet to produce cures,” explains John M. Simpson, stem cell director of Consumer Watchdog, in a recent Sacramento ...
Business & Economics
CNBC News – NY Fed Chair Resignation Watch
Airtime: Wed. May 6 2009 | 4:22 PM ET Fmr. Goldman Sachs CEO Steve Friedman, now chairman of the board of the NY Fed, made unethical purchases of Goldman Sachs stock after they became a bank holding company regulated by the NY Fed. CNBC’s Larry Kudlow is calling for his ...
Business & Economics
Obama shifts personal responsibility to Washington
America has been irresponsible for too long, runs the rhetoric from the Obama White House, and that must be rectified. To that end, the president calls his budget blueprint, which outlines his spending and taxing priorities for the next 10 years, “A New Era of Responsibility.” But calling something responsible ...
Business & Economics
Nanny Government Plays from the Rough
As readers of the Contrarian know from the recent piece on Billie Jean King, my game is tennis. I’m not much of a golfer, but I can recognize a wild tee shot that lands deep in the rough. That is especially true when the shot comes from a politically correct ...
Business & Economics
Did FDR Make the Depression Great?
Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression: the Keynesian account, which stresses a lack of aggregate demand; Milton Friedman’s monetarism, which ascribes the severity of the early ...
Business & Economics
Why HOT is better than HOV for California
As May 19th approaches, and the possibility of yet another budget crisis looms, Californians would do well to consider how well our state government uses and manages its existing resources. Transportation is one example where the state could get a great deal more out of the existing infrastructure while actually ...
Business & Economics
The Cost of Cap and Trade
Recently Congress took a break from nationalizing corporations and discussed the Waxman-Markey “cap and trade” bill in which the federal government would auction off permits to businesses giving them legal permission to emit carbon dioxide. During the four days of hearings, one of the most contentious issues was how much ...
California State’s Bankruptcy and its Economic Future: A report from a conference
Liberty on the Mind (an offshoot of Liberty on the Rocks for conferences) organized a conference on the subject of the fiscal crisis of the state of California at Santa Clara University on 27th April 2009. As a grassroots organization, LOTR attracts members who are capable of animated public policy ...
An inevitable blast
Economist Robert P Murphy at the blog Free Advice must have heard me screeching with Total Mogambo Disrespect (TMD) about Congress and Barack Obama deficit-spending almost US$2 trillion this year, and he says, “If fiscal policy is a disaster, monetary policy is even worse.” I interrupt and say, “You said ...
CNBC News – Early Stress Test Results
Airtime: Wed. May 6 2009 | 4:02 PM ET A look at the early stress test results and more with Lee Hoskins, fmr. Cleveland Fed Bank president; Bill Isaac, fmr. FDIC chairman; and CNBC’s Mary Thompson, Charlie Gasparino & Larry Kudlow.
Is the CIRM Good Medicine for California?
The California Institute for Regenerative Medicine (CIRM) turns five in 2009, a good occasion for a report card, beginning with the “medicine” part. Here we have a problem. “The California program has yet to produce cures,” explains John M. Simpson, stem cell director of Consumer Watchdog, in a recent Sacramento ...
CNBC News – NY Fed Chair Resignation Watch
Airtime: Wed. May 6 2009 | 4:22 PM ET Fmr. Goldman Sachs CEO Steve Friedman, now chairman of the board of the NY Fed, made unethical purchases of Goldman Sachs stock after they became a bank holding company regulated by the NY Fed. CNBC’s Larry Kudlow is calling for his ...
Obama shifts personal responsibility to Washington
America has been irresponsible for too long, runs the rhetoric from the Obama White House, and that must be rectified. To that end, the president calls his budget blueprint, which outlines his spending and taxing priorities for the next 10 years, “A New Era of Responsibility.” But calling something responsible ...
Nanny Government Plays from the Rough
As readers of the Contrarian know from the recent piece on Billie Jean King, my game is tennis. I’m not much of a golfer, but I can recognize a wild tee shot that lands deep in the rough. That is especially true when the shot comes from a politically correct ...
Did FDR Make the Depression Great?
Robert Murphy demonstrates in this excellent book a penetrating ability to explain the essence of fallacious economic doctrines. As he notes, three theories offer competing explanations of the Great Depression: the Keynesian account, which stresses a lack of aggregate demand; Milton Friedman’s monetarism, which ascribes the severity of the early ...
Why HOT is better than HOV for California
As May 19th approaches, and the possibility of yet another budget crisis looms, Californians would do well to consider how well our state government uses and manages its existing resources. Transportation is one example where the state could get a great deal more out of the existing infrastructure while actually ...
The Cost of Cap and Trade
Recently Congress took a break from nationalizing corporations and discussed the Waxman-Markey “cap and trade” bill in which the federal government would auction off permits to businesses giving them legal permission to emit carbon dioxide. During the four days of hearings, one of the most contentious issues was how much ...
