Tag: Congress

Principal-agent Theory and Representative Government »

In recent decades economists have devoted great efforts to the analysis of the principal-agent problem (see for example Milgrom and Roberts 1992 and the Wikipedia article on “Principal-agent Problem”). This area of study has to do with the incentives and disincentives of an agent acting on behalf of a principal that he is presumed or...
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Patent Reform Is Not a Left Wing Thing »

Over at R Street, Zach Graves has a good piece up looking at the American Conservative Union’s opposition to patent reform pending in the Congress. He points out that the sponsors of the much maligned legislation are not looney leftists, but solid leaders on the Right. The American Conservative Union’s own scorecard ranks members sponsoring...
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Republicans Split over Patent Reform »

The Washington Times has an interesting article on the division among Republicans on patent reform. According to the article: Two dozen prominent conservative political groups, led by the influential American Conservative Union, the Club for Growth and the Eagle Forum, sent a letter Wednesday to House Speaker John A. Boehner, Senate Majority Leader Mitch...
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Hammers, Clubs, and Fists: Making Our Streets and Schools Safe »

Over at Breitbart, there is a very good article about the number of deaths caused each year by rifles vs. hammers and clubs. Here is a snippet: For example, in 2011, there was 323 murders committed with a rifle but 496 murders committed with hammers and clubs. . . . Another interesting fact: According...
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Panetta Disregards Congress’ Enumerated Power to Declare War »

Article I, Section 8 of the Constitution provides that Congress has the power To declare War, grant Letters of Marque and Reprisal, and make Rules concerning Captures on Land and Water; To raise and support Armies . . . To provide and maintain a Navy; Today, Leon Panetta told the Senate that if the...
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Charles Peña to Reply to Obama on Libya: Freedom Watch on Fox Business Channel Tonight »

Set your DVRs or tune in live tonight when Independent Institute Senior Fellow Charles V. Peña joins Judge Andrew Napolitano to respond to President Barack Obama’s remarks on Libya. Mr. Peña is former Senior Fellow with the George Washington University Homeland Security Policy Institute, an adviser to the Straus Military Reform Project, co-author of...
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Robert Higgs on Why Government Is Prolonging the Economic Crisis »

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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Congress Repeals Ban on Gays in Military »

Today the Senate joined the House of Representatives in repealing the ban against homosexuals serving in the military.  In 1993 Congress enacted 10 U.S.C. § 654, which effectively prohibits homosexuals from serving in the armed forces. The statute demands immediate separation from the armed forces of a person who (1) engages in or attempts...
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New Investor Survey Provides Additional Evidence of Regime Uncertainty »

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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Dr. Emily Skarbek Talks about the Government Cost Calculator on Taking Back America »

Dr. Emily Skarbek, Director of the Independent Institute’s Government Cost Calculator was interviewed on the nationally syndicated, web, radio blog, “Taking Back America”. During the interview, Dr. Skarbek uses MyGovCost.org to explain the specific effects of rampant government spending for any individual in America. Dr. Skarbek illustrates how an individual can find out what...
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  • MyGovCost.org
  • FDAReview.org
  • OnPower.org
  • elindependent.org