Comedy Central’s Stephen Colbert “takes on” Occupy Wall Street in a hilarious yet actual segment with protest representatives from “the consensus within the press group,” Justin (“a male-bodied person”) and “Ketchup” (“a female-bodied person”), in a “Co-Optportunity” with what Colbert calls a cult, oh sorry, I mean “movement”.

Financial markets and analysts fear a new global recession. Data point to a growth slow-down that might eventually lead to a fall in production. Some pundits, who bought the idea of a recovery in previous years, seem to be surprised by the negative data of the latest months. The stock market probably shared this...
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So let me get this straight. After the most socialistic century in history, during which all industrialized nations finally found themselves gravitating toward a mixed economy model, we see a somewhat significant financial collapse of international significance and then another stock market drop a few years later, and it supposedly tells us that capitalism...
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The Supreme Court is set to decide on the constitutionality of Obama’s health care reform, particularly its individual mandate—the forcing of American to buy health insurance. Opponents of the law especially worry that the precedent would mean that the federal government could essentially mandate or prohibit any commercial behavior in the guise of interstate...
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Robert Higgs noted here on July 6th that FDR defaulted on the national debt by “going off the gold standard.” Moreover, FDR was (and is) much praised for his courageous action in favor of the “little guy” and against “sound money” bankers. FDR did this with a stroke of the pen (Executive Order) and...
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Perhaps if I only blog about the positive developments in politics it will save time. Well, here we go. House Republicans are pushing to preclude the government from banning incandescent light bulbs. This is an idea I can get behind. Incandescent bulbs are a glorious thing. They bring light, the essence of civilization, into...
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Greece is reportedly putting into practice Independent Institute Senior Fellow William Shughart’s recommended course of action to insolvent governments: sell off government-held assets, pay off your debts, and get your fiscal house in order for the future. And Greek’s government owns vast swathes of highly desirable property: An umbrella company for most of Greece’s...
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The Supreme Court has just overturned a California ban on violent video game sales to minors in a decision penned by conservative Justice Antonin Scalia. Justice Clarence Thomas dissented, saying the First Amendment was never meant to apply absolutely to distribution of ideas to children. I have a big problem with his reasoning. Certainly,...
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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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In a Bloomberg report today, “Economic Recovery Is Languishing as Americans Await Signal of Better Times,” Peter Coy casts about for explanations for why the economy is not in recovery, and ends with this offer: A Nobel prize goes to whoever can end this routine and get America growing again. OK, Mr. Coy, send...
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