Robert Higgs | Tuesday September 29, 2009 at 11:43 AM PDT | 10 Comments
You need a strong stomach to endure the messages disseminated by the mainstream news media, especially by its premier outlets, such as the New York Times. Of course, at this late date, nobody expects anything like political nonpartisanship or sound economic analysis from the Times, yet one continues to hope that the writers will...
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Tags: Business, Economics, Europe, news media, The State
Randall Holcombe | at 10:45 AM PDT | 4 Comments
One of the interesting things about the Baucus health care reform bill now under consideration by Congress is that it will place a large financial burden on state governments, while state governments already consider themselves fiscally overburdened. You would think that governors and state legislators would be up in arms about this, but I’ve...
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Tags: Budget and Tax Policy, Constitution, Economics, Healthcare, Taxation, The State
Mary Theroux | at 10:34 AM PDT | 4 Comments
Dear Anonymous Donor: Thank you for your contribution of a 2008 1,000,000,000,000 Zimbabwean dollar (ZWD) note, received by mail today. We note that the Zimbabwean government redenominated the ZWD again on February 2, 2009, at a rate of 1,000,000,000,000 old ZWD to 1 new ZWD, and as I write this your donation is currently...
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Tags: Africa, Budget and Tax Policy, Economics, Federal Reserve, Inflation, Money and Banking, Mugabe, The State, Zimbabwe
