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Archive for April 19th, 2010

Did Goldman Sachs Foresee the Mortgage Collapse? »

With the Securities and Exchange Commission now accusing Goldman Sachs of fraud by selling investors mortgage-backed securities that eventually collapsed, one might wonder whether Goldman did, in fact, set up Abacus investments anticipating that it would lose money. This article suggests there were divided opinions within Goldman. Of course, companies don’t take any actions...
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Property and Plunder: A Guest Post from Frederic Bastiat »

Property and Plunder Frederic Bastiat (from pp. 6-7 of the FEE edition of The Law): “Man can live and satisfy his wants only by ceaseless labor; by the ceaseless application of his faculties to natural resources. This process is the origin of property. “But it is also true that a man may live and...
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Tax Day Tea Party »

I was invited to speak on entrepreneurship at San Jose’s Tax Day Tea Party event last week, so I thought I would post my remarks. I took a markedly global perspective that focused on free trade and open immigration. The take away is that economic freedom is the key to growth. Of course, a...
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April 19: A Great Day to Distrust Government »

April 19 marks the anniversary of Lexington and Concord (1775), the Warsaw ghetto uprising (1943), and the day the FBI finished off the siege at Waco, Texas, that left nearly 80 civilians dead (1993). It is a good day to think of liberty and the timeless struggle of the state vs. the individual. How...
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