Tag: Mercantilism

Essential Fall Reading from The Independent Review »

The Fall 2011 issue of The Independent Review is hot off the press! We have posted selected articles and all book reviews online, as indicated below. This issue addresses a host of fascinating questions on topics as diverse as intellectual history, economic development, political theory, and government policy: Why do progressives and social democrats...
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Congressional Staffers Paid $13 million by Ex-Employers in 2009 »

In the continuing revolving door between industry and its government regulators, the Wall Street Journal yesterday reported on the $13 million Congressional staffers earned from their former private employers, companies they run or other side jobs in 2009. Further, ethics rules “permit the vast majority of [Congressional] aides to have financial ties to companies...
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New York Times Columnist Nicholas Kristof: The Military as Socialist Model for America »

In his latest column for the New York Times, “Our Lefty Military,” the iconic “liberal” commentator Nicholas D. Kristof has now come clean on the reality of his own collectivist views that military means and organization embody the “liberal ethos” (“progressivism”), an admission that liberals rarely face up to. While numerous liberal and conservative...
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Robert Higgs Speaks on the U.S. Government’s Ethanol Scam »

Here is Independent Institute Senior Fellow Robert Higgs speaking on “Ethanol Subsidies Have Many Bad Consequences,” from the Mises Circle seminar, “Agricultural Subsidies: Down on the D.C. Farm,” held May 14th in Indianapolis. Download audio file (27:51 minutes) Please also see the following books: Plowshares & Pork Barrels: The Political Economy of Agriculture, by...
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Obama “Stimulus” Protected 450,000 Government Jobs, Destroyed One Million Private Jobs »

In their new study, “The American Recovery and Reinvestment Act: Public Sector Jobs Saved, Private Sector Jobs Forestalled,” economists Timothy Conley (University of Western Ontario) and Bill Dupor (Ohio State University) present their empirical findings of the economic impact on employment of the 2009 Obama stimulus package of $787 billion, entitled the American Recovery...
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Emily Skarbek Is Interviewed on the Government Cost Calculator on Reason TV »

Independent Institute Research Fellow Emily Skarbek is interviewed here by Nick Gillespie of Reason TV regarding the Institute’s very timely and far-reaching Government Cost Calculator. The Calculator enables any American to clearly understand three aspects of federal government spending. First, the Calculator helps you determine how much a person will pay for various federal...
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Fight of the Century: Keynes vs. Hayek Rap Video Round Two »

“Fight of the Century: Keynes vs. Hayek Round Two” is the superb and very timely sequel to the phenomenally successful and insightful, rap video pitting the views of macroeconomist John Maynard Keynes against those of Austrian School economist Friedrich A. Hayek, “Fear the Boom and Bust.” The original has attracted to date more than...
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The War Was About Oil, After All »

At least in part. In the run-up to the Iraq war, many protesters brandished signs declaring, “No War for Oil!” The response from those pushing for the war was typically that this was a childish and silly admonition. And of course, the precise economic reasoning involved in much of this dissent was indeed faulty:...
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The Matchmakers of Predatory Politics »

[Cross-posted in The Lighthouse, 3/1/11] Politics makes strange bedfellows—including alliances of idealists and opportunists who lobby for the same regulations, but for vastly different reasons. The classic example is that of bootleggers and Baptists, both of whom supported local laws to stop the sale of alcohol on Sundays, but scholars have found similarities with...
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Gabriel Roth Debunks Government Transit Subsidies »

With President Obama’s new proposal for a massive, new federal plan for $53 billion in pork subsidies for high-speed rail, Independent Institute Research Fellow Gabriel Roth recently participated in a forum on public transit sponsored by the Mobility Choice Coalition. At the event, Bill Lind, director of the Center for Public Transportation affiliated with...
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