By William Shughart | Saturday September 12, 2009 at 5:21 PM PST | 2 Comments
In an editorial published in the Wall Street Journal on 9/11, former Reagan and George H. W. Bush public official Peter Ferrara writes that “the fallacies of Keynesian economics were exposed decades ago by Friedrich Hayek and Milton Friedman. Keynesian thinking was then discredited in practice in the 1970s, when the Keynesians could neither...
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Tags: Economics, Friedrich Hayek, George H. W. Bush, Keynesian economics, Milton Freidman, Money and Banking, New Deal, Reagan, Robert Higgs, The State, World War II
By David J. Theroux | at 1:14 PM PST | 2 Comments
According to ABC News, Washington D.C. police initially estimated that a crowd of 60-70,000 people traveled from across the U.S. to participate in a massive demonstration (in the rain) not just against ObamaCare but the overall, huge explosion of federal power, spending and debt. Updated estimates (see London Daily Mail and San Francisco Examiner)...
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Tags: Bailouts, Barack Obama, Budget and Tax Policy, Civil Society, Constitution, Don't tread on me, federal debt, federal spending, Government subsidies, Healthcare, Nationalization, Natural Law, Obamacare, Personal Liberty, Presidential Power, Socialism, Taxes, Tea Party, The State, Washington demonstration