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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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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In a recent podcast interview (please see below) of the economist Clifford F. Thies at Econ Journal Watch (EJW), he discusses the ideas and impact of Richard T. Ely (1854–1943), the highly influential “Progressive.” Ely was co-founder, first Secretary, and subsequent President of the American Economic Association (AEA), that continues to take great pride...
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The New York Times reports in “A Gold Rush of Subsidies in Clean Energy Search” that NRG Energy is receiving nearly $1.6 billion in government subsidies for its new compound in California of almost one million solar panels. The Times further notes that: Similar subsidy packages have been given to 15 other solar- and...
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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”.

If both sides in Washington agree on something, it is almost surely a bad deal for taxpayers and a disaster for freedom. A common theme in the media is on Obama’s jobs proposal and the GOP reaction. While the president is being assertive, pushing hard for a huge spending spree aimed at expanding employment,...
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All political labels are limited in their usefulness, and confusion abounds regarding most of them. When a certain political persuasion is being criminalized, it is particularly important to examine the principles involved. If anarchy means chaos, disorder, lawlessness, reckless disregard for person and property, then the London vandals who set private buildings on fire...
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If the debt ceiling deal works out, Obama will be able to fly back to Chicago and enjoy a Wednesday evening birthday extravaganza. According to the Chicago Tribune, the event will feature “Jennifer Hudson and Herbie Hancock. There’s also a dinner fundraiser planned for some special donors to go with the show at a...
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Christians in Alabama and Georgia are stepping forward to defend undocumented immigrants against harsh new laws aimed against them. The new Alabama law—widely considered the nation’s most restrictive state law against illegal immigration—prohibits, among other provisions, providing transportation to illegal immigrants, requires schools to check the immigration status of students and report their findings...
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Obama insists that the United States can’t afford to maintain corporate tax cuts. As with all modern liberals, when he says the U.S. can’t afford it, he means the government can’t afford it without cutting spending. With nearly four trillion dollars of expenditures a year, I suppose it’s very understandable that the president, as...
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