Archive for October, 2012
By Randall Holcombe | Wednesday October 31, 2012 at 3:14 PM PDT | 7 Comments
In 2011, 14.6% of households in the United States were below the poverty line, according to these statistics. That represents 16.8 million households. That same year, the federal government spent $746 billion on means-tested welfare programs, according to this report recently released by the Congressional Research Service. If that money were divided up and...
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Tags: Budget and Tax Policy, Economics, Medicaid, Politics, Poverty, The State, Welfare
By John C. Goodman | at 11:21 AM PDT | 2 Comments
A small but vocal group on the left believes that single-payer national health insurance is the answer to the problem of escalating healthcare costs. As I wrote in my recent book, Priceless: Curing the Healthcare Crisis, some would like to copy Canada’s healthcare system. Others would like to enroll everyone in Medicare. The Physicians for...
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Tags: Healthcare, Insurance, Medicare
By Mary Theroux | Tuesday October 30, 2012 at 9:54 PM PDT | 2 Comments
With just a week to go, election predictors puzzling over the too-close-to-call polls, have a choice of numerous proxy market predictors, among them the 7-11 Cup Poll, Intrade, and the Iowa Electronic Markets. And now: the Chia president. As reported in the San Francisco Business Times: Chia Obama was trouncing Chia Romney 69.6 percent...
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Tags: Elections, Humor
By Carl Close | at 5:23 PM PDT | 0 Comments
Governor Chris Christie of New Jersey, a Republican, and New York Attorney General Eric Schneiderman, a Democrat, have warned sellers against “price gouging” in the wake of Hurricane Sandy. Their words and policies are supposed to help people during a catastrophe, but the opposite is true. As columnist Matthew Yglesias explains in Slate, stopping...
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Tags: Disaster Management, Economics, Energy, Free Market, Price control, Regulation
By Anthony Gregory | at 2:11 PM PDT | 26 Comments
Most voters prioritize the economy and far behind that comes foreign policy, where both major presidential candidates offer more of the same. One can make arguments that on these important issues, one side is worse than the other. But another important set of issues, those of civil liberties, has gotten much less attention than...
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Tags: American History, Civil Liberties, Criminal Justice, Drugs, Immigration, Law, Torture, War
By Robert Higgs | at 2:11 PM PDT | 17 Comments
I continue to encounter many discussions in which the author or speaker bemoans the economic order’s drift toward socialism or, in some cases, its actual existence as such. If this characterization were simply a matter of linguistic imprecision, it might not matter much. But it is much more than a matter of terminology, because...
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Tags: Corporatism, Economics, Fascism, History, Liberty, Politics, Regulation, Socialism, The State
By John C. Goodman | Monday October 29, 2012 at 9:29 AM PDT | 2 Comments
Dennis Haysbert is the actor I remember best for playing the president of the United States in several of the Jack Bauer 24 seasons. You probably know him better as a spokesman for Allstate. In one commercial, he is standing in front of a town that looks like it has been devastated by a...
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Tags: Business, Healthcare, Insurance
By David J. Theroux | Saturday October 27, 2012 at 1:47 PM PDT | 14 Comments
The Daily Mail of London has reported that despite its support for global warming alarmism, Britain’s National Weather Service (U.K. Met Office) has quietly unveiled a report admitting that there has been no warming from January 1997 through August 2012. (Here also are the data sets for the report as well as an analysis...
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Tags: Energy, Environment, Global Warming, Natural Resources, Power, Progressivism, Propaganda, Science, Taxation, Technology, Transparency, United Nations
By Mary Theroux | Friday October 26, 2012 at 12:44 PM PDT | 10 Comments
With his latest ad, “Your First Time,” President Barack Obama has now completed his trifecta on the the 3 Biggest Lies in the World. You remember those, don’t you? #1: The check is in the mail. #2: I’m from the government and I’m here to help you. #3: Of course I’ll still respect you...
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Tags: Budget and Tax Policy, Civil Liberties, Corruption, Culture, Defense, Healthcare, Integrity, Liberty, Morality, Peace, Politics, Power, Presidential Power, Welfare, Women
By Mary Theroux | at 10:20 AM PDT | 2 Comments
It always astonishes me that a publication calling itself a “newspaper” can report as fact, leaving no allowance for the possibility of error, a story such as this: “As Waters Warm, Predators’ Hunger Games Will Get Tougher.” [Note that the online version tones it down a bit: “...predators may go hungry.” (Emphasis added.) Hedging...
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Tags: Austrian School of economics, California, Civil Liberties, Economics, Environment, Global Warming, Liberty, Personal Liberty, Propaganda, Religion