Archive for July, 2010
By David J. Theroux | Saturday July 31, 2010 at 2:17 PM PDT | 1 Comment
To follow up on my earlier posting, “The Climate-Industrial Complex,” award-winning meteorologist Brian Sussman has a helpful, new article at American Thinker, “Carbon Cronyism: Why Cap-and-Trade Is Not Dead Yet.” Author of the new book, Climategate: A Veteran Meteorologist Exposes the Global Warming Scam, Sussman details some of the key, interlocking business and government...
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Tags: Business, Corporatism, Corruption, Energy, Environment, Fascism, Global Warming, Government subsidies, Mercantilism, Politics, Regulation, Science, Taxation
By Randall Holcombe | Thursday July 29, 2010 at 1:46 PM PDT | 2 Comments
That’s what Paul Volker says in this interview. I don’t always find myself in agreement with Mr. Volker, but he’s surely got it right in his assessment of Fannie and Freddie. An excerpt: “The mortgage market now is almost a wholly owned subsidiary of the United States government. Almost all the mortgages made now...
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Tags: Free Market, Housing
By Mary Theroux | Wednesday July 28, 2010 at 5:57 PM PDT | 14 Comments
A new study from Pepperdine University’s Davenport Institute has exposed the fraud continually perpetuated upon the taxpaying public—and visited upon the poor families trapped in criminally failed government schools—that if the state (in this case, California) just had more money it could deliver a good education. The study concludes that, notwithstanding all the talk...
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Tags: Budget and Tax Policy, California, Education, Elections, Family, Politics, Poverty, Urban Issues
By Randall Holcombe | at 9:17 AM PDT | 8 Comments
From a political point of view, it seems crazy that President Obama has agreed — no, demanded — to turn an adversarial relationship between gulf coast residents and BP into an adversarial relationship between gulf coast residents and the president’s administration.
Tags: Business, Disaster Management, Environment, Politics, Presidential Power
By Art Carden | Tuesday July 27, 2010 at 5:12 PM PDT | 0 Comments
Christopher Coyne and I are working on a couple of papers and a short book about the Memphis riot of 1866. The first paper appeared in the Mercatus Center’s Working Papers Series today and is available here; the second paper and the book manuscript will be available...sometime. One of the general themes that’s emerging...
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Tags: Uncategorized
By Carl Close | at 8:22 AM PDT | 3 Comments
This week’s Lighthouse (available online here) touches on the Gulf oil gusher (William F. Shughart II); political reform in Cuba (Alvaro Vargas Llosa); F. A. Hayek on the limits of constitutional design (Scott A. Boykin); and Israel’s blockade of Gaza (Ivan Eland). Here are links to the individual items: 1. How to Prevent an...
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Tags: Civil Liberties, Constitution, Disaster Management, Economics, Energy, Environment, Free Market, Global Warming, Liberty, Media, Middle East, Personal Liberty, Socialism, Terrorism, Trade, War
By Anthony Gregory | Monday July 26, 2010 at 12:14 PM PDT | 16 Comments
As with everything else about the U.S. police state that is often associated with Republicans and the right, the Obama administration has pushed the envelope and showed itself to be as draconian as Bush. Deportations of illegal aliens—as in, people without the federal government’s permission to be here—have increased under Obama, including deportations of...
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Tags: Civil Liberties, Civil Society, Constitution, Immigration, Labor, Latin America, Police, Terrorism
By Art Carden | Sunday July 25, 2010 at 10:05 AM PDT | 2 Comments
Jeff Tucker points out how truly astounding internet language translation technology is. This is how truly unbelievable our world is: we can get automatic translations via the Google Labs “translate this message” command, and people barely notice. In her ongoing series of books on the Bourgeois Era, Deirdre McCloskey argues that one of the...
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Tags: Uncategorized
By Jonathan Bean | at 9:32 AM PDT | 2 Comments
Back in February 2008, I satirized George W. Bush’s $150 billion stimulus checks in “The Power of Numbers: Simplify! Simplify! I broke down the costs of Big Government for a family of four and showed how pitifully small $150 billion was in comparison to the $5 trillion then spent by local, state and federal governments....
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Tags: Bailouts, Budget and Tax Policy, Economics, Family, Social Security
By Robert Higgs | Friday July 23, 2010 at 4:23 PM PDT | 60 Comments
Angelo M. Codevilla, professor emeritus of international relations at Boston University, has written an extraordinary essay for the July/August issue of The American Spectator. It’s called “America’s Ruling Class – And the Perils of Revolution,” but it deals much more extensively with the anatomy and functioning of the class system in the United States...
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Tags: Civil Society, Culture, Family, Fascism, Government subsidies, Law, Liberty, Personal Liberty, Politics, Power, Regulation, Religion, Taxation, The State, Welfare