Search Results for ""regime uncertainty""
By Mary Theroux on Jun 3, 2011 in American History, Bailouts, Budget and Tax Policy, Business, Defense, Economics, Employment, Free Market, Great Depression, Labor, Military, Nationalization, Peace, Price control, Property Rights, Regulation, Socialism, Taxation, Unemployment, War | 4 Comments
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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By David J. Theroux on Mar 17, 2011 in Bailouts, Budget and Tax Policy, Business, Disaster Management, Economics, Employment, Government subsidies, Great Depression, Money and Banking, Politics, Power, Regulation, Taxation, The State | 2 Comments
In a new article for the Gannett newspapers, “Is this any way to run a government?”, Chuck Raasch interviews Robert Higgs, Senior Fellow at the Independent Institute and author of the book, Depression, War, and Cold War. With Congress debating a possible shutdown of the federal government, Dr. Higgs discusses why: “The government can...
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By Randall Holcombe on Feb 7, 2011 in Business, Economics, Employment, Politics, Propaganda, Unemployment | 5 Comments
President Obama spoke to the U.S. Chamber of Commerce today (February 7), to try to encourage the CEOs of American businesses to do their share to reinvigorate the economy by investing, hiring, and matching what his administration has done through its various stimulus programs. In part, the president said, “As we work with you...
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By Mary Theroux on Jan 28, 2011 in American History, Austrian School of economics, Bailouts, Budget and Tax Policy, Business, Corporatism, Economics, Employment, Free Market, Government subsidies, Great Depression, Labor, Politics, Propaganda, Regulation, Unemployment, Welfare | 1 Comment
In a poll of business executives following Tuesday’s State of the Union speech, the Wall Street Journal finds most remain skeptical of President Obama’s new, business-friendly rhetoric, and confirmed that his policies to date account for the continued economic malaise. As encapsulated by Anthony Guzzi, CEO of Emcor Group Inc., a construction and facilities-services...
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By William Shughart on Jan 23, 2011 in Budget and Tax Policy, Corruption, Economics, Power, Taxation | 2 Comments
As Congress and the President consider yet another set of “reforms” for the federal income tax code, taxpayers should encourage them to heed the words of one of the first and greatest economists. In Book V, Chapter II, Part II of The Wealth of Nations (Modern Library, Cannan ed., p. 778), Adam Smith wrote...
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By Robert Higgs on Nov 9, 2010 in Bailouts, Economics, Federal Reserve, Housing, Inflation, Money and Banking, Unemployment | 17 Comments
On November 4, an op-ed article written by Ben Bernanke, “What the Fed Did and Why: Supporting the Recovery and Sustaining Price Stability,” was published in the Washington Post. In this article, Bernanke presents an apologia for the Fed’s decision to undertake QE2, the purchase of $600 billion of longer-term U.S. government bonds during...
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By Robert Higgs on Oct 12, 2010 in Business, Economics, Federal Reserve, Politics, Property Rights, The State | 6 Comments
Writing for CNBC’s “Behind the Money,” John Melloy describes the findings of a recent survey of investors: Institutional investors fear a government policy mistake far more than inflation, terrorism, a housing double dip, a weak dollar, poor earnings or any other potential risk to the economy, according to a survey of 100 mutual fund,...
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By Robert Higgs on Sep 25, 2010 in Bailouts, Business, Economics, Federal Reserve, Government subsidies, Money and Banking, Politics, Property Rights, Regulation, The State | 7 Comments
We are now mired in the third year of a recession produced when a housing bubble inflated by easy credit finally burst — as it was bound to do sooner or later. From the very beginning, government officials, among whom I include the people who run the Federal Reserve System, have proceeded as if the...
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By Carl Close on Sep 21, 2010 in American History, Budget and Tax Policy, Business, Civil Liberties, Constitution, Criminal Justice, Economics, Elections, Employment, Latin America, Law, Liberty, Unemployment | 0 Comments
This week’s Lighthouse discusses the Independent Institute’s new Government Cost Calculator at www.MyGovCost.org, Robert Higgs on regime uncertainty, Joseph R. Stromberg on the decline of the Fourth Amendment, and Alvaro Vargas Llosa on next week’s elections in Venezuela. Here are links to the individual items: 1. What Is Washington’s Spending Costing You? 2. It’s...
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By Robert Higgs on Sep 18, 2010 in Bailouts, Budget and Tax Policy, Business, Economics, Employment, Federal Reserve, Free Market, Mercantilism, Money and Banking, Power, Regulation, Taxation, The State | 20 Comments
Private saving and investment are the heart and soul of the dynamic market process. Together they provide and allocate the resources used to augment the economy’s productive capacity, generate sustained long-run economic growth, and thereby make possible a rising level of living. Economic crises interrupt this process by discouraging investors and causing them to...
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