Tag: Nationalization

Leading Scientists Debunk Climate Alarmism »

In their recent article in the Wall Street Journal, “No Need to Panic About Global Warming,” a group of sixteen world-renowned scientists decry the unscientific alarmism over “global warming,” citing numerous inconvenient facts that dispute global warming claims. Here is a video interview with signatory William Happer, Professor of Physics, Princeton University: Their message...
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A Dictator Dies, Will The Regime Live On? »

Kim Jong-il, the ruler of perhaps the most totalitarian dictatorship in the world, is dead. In watching the footage of North Korean citizens weeping hysterically, as if their own children had died, we can see the great wickedness at the heart of hyper-statism. Communism, fascism, and the total state represent a form of worship,...
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Robert Higgs Is Interviewed on The Peter Schiff Show on the Folly of Government Interventionism »

Senior Fellow Robert Higgs is interviewed here by Thomas Woods on “The Peter Schiff Show.” Dr. Higgs discusses how the federal government prolonged and deepened the Great Depression of the 1930s that lasted until after World War II when such policies were either ended or radically reduced. Moreover, the current attempts at central-government planning...
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Uncertainty and Unemployment »

While last week’s news of the unemployment rate falling to its lowest in more than two years was very welcome, as the Wall Street Journal pointed out: ...the main reason for the big drop in that number and the fall in the jobless rate wasn’t more people working, but fewer people looking for work.......
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Ode to the Welfare State »

The following was nationally distributed in the United States by the Associated Press and appeared in the New York Daily News on Friday, November 4, 1949. The measures being referenced are those in the Fair Deal, the cradle-to-grave welfare state proposal of President Harry S Truman to follow up on Franklin Roosevelt’s New Deal...
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Stephen Colbert ‘Takes On’ Occupy Wall Street »

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”.

The Stagnant U.S. Economy: A Graphical Complement to Higgs’s Contributions »

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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A Failure of Capitalism? Really? »

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 Mirage of Constitutional Government »

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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FDR Redux: A Cartoon Guide to Cutting the National Debt by 40% with the Stroke of a Pen! (Part I) »

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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