Archive for December, 2010

Senior Fellow Alvaro Vargas Llosa Interviewed at Pepperdine University »

Independent Institute Senior Fellow Alvaro Vargas Llosa was interviewed at Pepperdine University. Download mp3 file. Also, please see the following books from him: Liberty for Latin America: How to Undo Five Hundred Years of State Oppression The Che Guevara Myth and the Future of Liberty Lessons from the Poor: Triumph of the Entrepreneurial Spirit

Great Depression, Round Two? Senior Fellow Robert Higgs on The Peter Schiff Show »

Download mp3 file. Here also are relevant books from Dr. Higgs: Depression, War, and Cold War Neither Liberty nor Safety The Challenge of Liberty Against Leviathan Crisis and Leviathan

MyGovCost.org Director Emily Skarbek Talks Tax Cuts and the Government Cost Calculator »

Download mp3 file. The Government Cost Calculator is a project of the Independent Institute’s Center on Entrepreneurial Innovation. To find out what Washington’s spending spree is costing you, please go here!

It’s Pearl Harbor Day—Trot Out the Official Fable »

Sixty-nine years ago, Japanese forces attacked the U.S. naval base at Pearl Harbor, Hawaii, provoking the United States to declare war against Japan. When Japan’s ally Germany declared war on the United States on December 11, 1941, the United States immediately reciprocated. These actions brought the United States into open warfare against the Axis powers and...
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The Proposed New “Tax Deal” is More of the Same Washington Bait and Switch »

According to a report published on the front page of the December 6, 2010, Wall Street Journal, Congress is close to negotiating a compromise in which the so-called Bush tax cuts will remain in place temporarily (for two years) in return for an extension of yet unknown duration in federal benefits for the long-term...
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SCOTUS Agrees to Hear Global Warming Suit »

The Wall Street Journal reports: The Supreme Court agreed Monday to decide whether eight states and other plaintiffs can proceed with lawsuits that seek to reduce carbon-dioxide emissions by utilities. The lawsuit is part of a push by some states for “greenhouse gas” regulations that go further than efforts by the U.S. Environmental Protection...
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Macroeconomic Booms and Busts: Deja Vu Once Again »

Consider the following commentary on the economic situation: Foolhardy procedures which are divorced from economic realities, or whose economic implications are not understood by their promoters, do not perforce become sanctified and wise merely by designating them as “action”; tilting at windmills does not draw water. [W]hen a recovery program, which, while it may...
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Repeal Amendment Causing Waves »

The Washington Post reports that “Conservative activists are looking to build momentum for a long-shot amendment to the Constitution, introduced Wednesday in the U.S. House, that would allow states to repeal pieces of federal legislation they find onerous.” The Post is referring to the “Repeal Amendment” drafted by Randy Barnett. This proposed amendment provides...
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Arnold Harberger on the Chicago Boys »

In my Econ 100 class, we discussed Milton Friedman and monetarism on Thursday. Some of my students mentioned Naomi Klein’s The Shock Doctrine, and I emailed everyone links to Robert Lawson’s and my paper “Human Rights and Economic Liberalization” and my review essay on Klein’s book. After I distributed the published version of my...
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The Federal Reserve: Deficit Enabler »

Even President Obama, the architect of our $1.4 trillion deficit, sees that it is a problem. One indication is his call for a two-year pay freeze for federal workers. (This seems like a tactical error, in that it will have hardly any actual effect on the deficit, and will antagonize federal workers, who would...
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