Inflation
Commentary
The CTA’s radio ads: Don’t believe a word of ’em
I was going to do a post dissecting the CTA’s absurd radio ads claiming that schools had faced billions of dollars in cuts in recent years — not true — and saying state schools had the worst funding in the nation — not true. But Vicki Murrary of the Pacific ...
Commentary
Overhauling health care could boost the economy
There are plenty of reasons to overhaul our creaky health care system, ranging from its status as the most expensive system in the world to its failure to provide for the health of millions of our fellow citizens. But several recent studies suggest that there’s one more reason for reform: ...
Commentary
The CTA’s Latest Ads: A Dishonest Defense of a Dysfunctional Monopoly
Flash Report (CA), January 23, 2009 Public school funding is plunging to the bottom of the national spending barrel, and Gov. Arnold Schwarzenegger’s latest budget “attack” on education is to blame—or so the California Teachers Association claims. In their latest statewide radio ad campaign, the CTA claims California “sank” to ...
Commentary
The Unseen Culprits in America’s Financial Crisis
To the long list of villains in America’s unfolding economic crisis … the politicians who encouraged risky lending, the bankers who bundled questionable mortgages into marketable securities, and the ratings agencies that gave inflated grades to sub-par debt … add the thousands of supposedly responsible citizens who served as volunteers ...
Business & Economics
First, do no harm
Taking the temperature of the Colorado economy As we close out the year in one of the worst recessions in modern history, Congress and the Colorado Legislature will be looking to do something — whatever that is — because people want something done — whatever that might be. Before any ...
Business & Economics
The SEC Makes Wall Street More Fraudulent
The mainstream reaction to the Bernard Madoff scandal was inevitable. Whenever a government regulatory agency proves itself to be incredibly incompetent or corrupt, the respectable media swoop in to declare that the “free market” has failed and the agency in question obviously needs more money and power. Whether it’s the ...
Business & Economics
How to Pay Doctors? A Lawyer Chimes In
I have (gratefully) never had to engage a trial lawyer, but I know that many clients are very frustrated by the common practice of charging by billable hours. Writing in Forbes, Mr. Evan R. Chesler of Cravath, Swaine, & Moore, LLP, says that his colleagues should “kill the billable hour”. ...
Business & Economics
Hayek Tells Bill Buckley That Even Keynes Was Afraid of the Keynesians
Last month Bob Roddis caused a stir when he made available the audio recording of Hayek’s 1975 “Meet the Press” appearance. Well Roddis has done it again. He has provided me with this recording (mp3) of Hayek on Bill Buckley’s Firing Line. Buckley asks Hayek about the popularity of Keynesianism, ...
Agriculture
California’s Newest Chronic Disease: “Preventionitis”
A major driver of health costs over the last couple of decades is chronic illness such as diabetes and heart disease. It’s time to add another chronic ailment to the list: “preventionitis.” Because much chronic disease is associated with bad lifestyle choices, many succumb to the utopian delusion that investment ...
Business & Economics
Did the Fed, or Asian Saving, Cause the Housing Bubble?
Ludwig von Mises Institute, November 19, 2008 Just about the only good thing to come out of the housing bubble is that many financial analysts are coming to see the virtue of the Austrian theory of the business cycle. Specifically, though Greenspan did his best to blame deregulation and foreigners ...
The CTA’s radio ads: Don’t believe a word of ’em
I was going to do a post dissecting the CTA’s absurd radio ads claiming that schools had faced billions of dollars in cuts in recent years — not true — and saying state schools had the worst funding in the nation — not true. But Vicki Murrary of the Pacific ...
Overhauling health care could boost the economy
There are plenty of reasons to overhaul our creaky health care system, ranging from its status as the most expensive system in the world to its failure to provide for the health of millions of our fellow citizens. But several recent studies suggest that there’s one more reason for reform: ...
The CTA’s Latest Ads: A Dishonest Defense of a Dysfunctional Monopoly
Flash Report (CA), January 23, 2009 Public school funding is plunging to the bottom of the national spending barrel, and Gov. Arnold Schwarzenegger’s latest budget “attack” on education is to blame—or so the California Teachers Association claims. In their latest statewide radio ad campaign, the CTA claims California “sank” to ...
The Unseen Culprits in America’s Financial Crisis
To the long list of villains in America’s unfolding economic crisis … the politicians who encouraged risky lending, the bankers who bundled questionable mortgages into marketable securities, and the ratings agencies that gave inflated grades to sub-par debt … add the thousands of supposedly responsible citizens who served as volunteers ...
First, do no harm
Taking the temperature of the Colorado economy As we close out the year in one of the worst recessions in modern history, Congress and the Colorado Legislature will be looking to do something — whatever that is — because people want something done — whatever that might be. Before any ...
The SEC Makes Wall Street More Fraudulent
The mainstream reaction to the Bernard Madoff scandal was inevitable. Whenever a government regulatory agency proves itself to be incredibly incompetent or corrupt, the respectable media swoop in to declare that the “free market” has failed and the agency in question obviously needs more money and power. Whether it’s the ...
How to Pay Doctors? A Lawyer Chimes In
I have (gratefully) never had to engage a trial lawyer, but I know that many clients are very frustrated by the common practice of charging by billable hours. Writing in Forbes, Mr. Evan R. Chesler of Cravath, Swaine, & Moore, LLP, says that his colleagues should “kill the billable hour”. ...
Hayek Tells Bill Buckley That Even Keynes Was Afraid of the Keynesians
Last month Bob Roddis caused a stir when he made available the audio recording of Hayek’s 1975 “Meet the Press” appearance. Well Roddis has done it again. He has provided me with this recording (mp3) of Hayek on Bill Buckley’s Firing Line. Buckley asks Hayek about the popularity of Keynesianism, ...
California’s Newest Chronic Disease: “Preventionitis”
A major driver of health costs over the last couple of decades is chronic illness such as diabetes and heart disease. It’s time to add another chronic ailment to the list: “preventionitis.” Because much chronic disease is associated with bad lifestyle choices, many succumb to the utopian delusion that investment ...
Did the Fed, or Asian Saving, Cause the Housing Bubble?
Ludwig von Mises Institute, November 19, 2008 Just about the only good thing to come out of the housing bubble is that many financial analysts are coming to see the virtue of the Austrian theory of the business cycle. Specifically, though Greenspan did his best to blame deregulation and foreigners ...
