Archive for March, 2011

Barack Obama Public School Failure »

Emblematic of the state of this nation’s government-provided education, a public elementary school in New Jersey renamed for President Obama just last year, is now closing due to low academic achievement and declining enrollment. In choosing to concentrate on form—renaming the school for the current President—over function—directing efforts into actually improving the education the...
Read More »

Eisenhower and the Military-Industrial Complex »

A review of James Ledbetter, Unwarranted Influence: Dwight D. Eisenhower and the Military-Industrial Complex. New Haven and London: Yale University Press, 2011. 268 pp. $26.00. On January 17, 1961, President Dwight D. Eisenhower gave his final presidential speech, which turned out to be his most memorable by virtue of this warning: “In the councils...
Read More »

Another Presidential War. Yawn. »

Americans need to snap out of it. As recently as Bill Clinton, there was at least some concern when the president of the United States began bombing a country without a congressional declaration of war or national debate. There was a lot of concern building up to Bush’s war in Iraq, but the mass...
Read More »

Robert Higgs on Why Government Is Prolonging the Economic Crisis »

In a new article for the Gannett newspapers, “Is this any way to run a government?”, Chuck Raasch interviews Robert Higgs, Senior Fellow at the Independent Institute and author of the book, Depression, War, and Cold War. With Congress debating a possible shutdown of the federal government, Dr. Higgs discusses why: “The government can...
Read More »

Morris David Morris (February 10, 1921 — March 12, 2011) »

I was saddened to learn of the recent death of Morris David Morris, who was my colleague in the Department of Economics at the University of Washington for thirteen of the fifteen years I spent there. Morris was my closest personal friend on the faculty at the UW, notwithstanding our differences of age, background, experience,...
Read More »

Nuclear Power and the State »

The devastating earthquake in Japan has damaged multiple nuclear reactors, and at least one of these facilities is said to pose the potential of Chernobyl-levels of contamination. Germany is responding to this tragedy by temporarily closing down seven nuclear reactors, while France, the second-largest user of nuclear energy in the world, is reportedly planning...
Read More »

The 1 Percent Solution to Balancing the Federal Budget »

This study by Jason Fichtner of the Mercatus Center at George Mason University offers a simple “1 Percent Solution” to balancing the federal budget. The 1 percent solution is to cut federal spending by one percent per year, and with the current revenue stream the federal budget can be balanced in about five years....
Read More »

Andrew Klavan: “Behold! Your Public Sector Unions at Work” »

Andrew Klaven at PJTV presents here an insightful video analysis of government-employee unions. For further information, please see the following: Out of Work: Unemployment and Government in Twentieth-Century America, by Richard K. Vedder and Lowell E. Gallaway “The New, New Left: How American Politics Works Today, by Steven Malanga,” reviewed by Gary Jason (The...
Read More »

Larry Summers Claims Japanese Earthquake/Tsunami Disaster Will Boost Economy »

Predictably, within days of the unmitigated disaster and massive loss of life (10,000 and counting) in Japan from the record 8.9-magnitude earthquake and tsunami, a major Keynesian economist has gone on the record in defending the “broken window fallacy” in economics by claiming that the Japanese disaster will actually boost economic growth. The economist...
Read More »

Congressional Hearings on Islamic Extremism Will Be Counterproductive »

Representative Peter King, Chair of the House of Representatives Homeland Security Committee, has scheduled hearings on Islamic extremism to begin March 10. There is no benefit to holding these hearings, which will in some ways be counterproductive. 1. Everybody already knows the world-wide problems caused by Islamic extremism. The hearings will not reveal anything...
Read More »