I thank Dr. Edwin G. Dolan for taking the time to critique my recent Independent Institute Executive Summary, A Pandemic is Not a Recession, in his April 15th blog posting for the Niskanen Center, “The Shaky Logic Behind Hopes for a Quick Recovery.” Criticism is valuable and necessary—though inaccuracies need to be cleared up…
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A bird’s-eye view of the Eurozone economies a decade after the financial crisis invites three conclusions: Governments that made unpopular free-market reforms are already reaping the fruits; families and businesses are acting more sensibly than their governments; last but not least, people have behaved much differently than the European Central Bank (ECB) intended. The…
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This week’s Lighthouse (available online here) deals with a wide variety of topics, including economic recovery (Robert Higgs), double-taxation of income of gas and oil producers (William F. Shughart II), Afghanistan (Ivan Eland), and bullfighting in Spain (Alvaro Vargas Llosa). Links to the individual items appear below: 1. How to Revive a Stagnant Economy…
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The federal budget is to a tolerable government as the Palace of Versailles is to a two-car garage. *** The Code of Federal Regulations is to the rule of law as a trainload of cyanide is to a nutritious diet. *** A member of Congress is to the preservation of our liberties as a member…
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