By Robert Higgs | Sunday February 20, 2011 at 8:03 PM PDT | 7 Comments
Great Leader, who art in Washington, Hallowed be thy name. Thy empire come, thy will be done, on earth as it is in the Oval Office. Give us this day our daily dole. And forgive us our late tax filings, as we forgive the IRS for refunding our overpayments without interest. And lead us...
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Tags: Liberty, Personal Liberty, Presidential Power, The State
By Mary Theroux | at 7:15 PM PDT | 5 Comments
On this President’s Day weekend, let us commemorate the record of the best president in U.S. history: John Tyler. A random poll of Americans would draw mostly puzzled looks at the name, but according to Independent Institute Senior Fellow Ivan Eland, in his 2009 ranking of the presidents, Recarving Rushmore, this 10th U.S. president...
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Tags: Abraham Lincoln, American History, Bailouts, Big Government, Books, Budget and Tax Policy, Civil Liberties, Civil War, Constitution, Crisis and Leviathan, Culture, Economics, Executive power, FDR, Franklin Roosevelt, George Washington, Government subsidies, Great Depression, Grover Cleveland, Habeas Corpus, Ivan Eland, John Tyler, Liberty, Martin Van Buren, Military, Money and Banking, Mount Rushmore, Peace, Personal Liberty, Philip Sheridan, Politics, President's Day, Presidential Power, Prosperity, Recarving Rushmore, Robert Higgs, Rutherford B. Hayes, Shenandoah Valley, tariffs, Taxation, Taxes, The State, War, Whiskey Rebellion, William Tecumseh Sherman, World War II
By Robert Higgs | at 12:26 PM PDT | 11 Comments
If any one thing estimated in the Commerce Department’s National Income and Product Accounts may be described as the engine of economic growth, private domestic business net investment is that thing. This variable has such tremendous importance because, if accurately gauged, it tells us better than any other measure how many resources are being...
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Tags: Budget and Tax Policy, Business, Economics, Employment, Federal Reserve, Property Rights, Regulation, Taxation, The State
