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Wall Street Crisis Fruit of Government, Not Free Markets
Read more: Wall Street Crisis Fruit of Government, Not Free MarketsRadley Balko writing about the activities of the United States Government in Reason Magazine: Many commenters have blamed all of this on capitalism. This isn’t capitalism. It’s a peculiar kind of corporatist socialism, where good risks and the resulting profits remain private, but bad risks and the resulting losses are passed on to taxpayers. There’s…
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Another Wichita School Bond Cartoon
Read more: Another Wichita School Bond CartoonHelen Cochran of Citizens For Better Education has released another cartoon about the Wichita school bond issue. Click here to view this commentary about Wichita’s taxpayer check list.
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Bailout Raises Libertarians’ Market Value
Read more: Bailout Raises Libertarians’ Market Value“The specter of the most titanic intervention in the markets since Franklin Roosevelt started sewing the safety net has folks at the Cato Institute reaching for something strong.” See Bailout Raises Libertarians’ Market Value in the Washington Post. Also from the Cato Institute: Because of their quasi-governmental status, there is a market perception that Fannie…
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KSN News Reports on Wichita School Bond
Read more: KSN News Reports on Wichita School BondKSN News reports on the Wichita school bond issue. I’m in the story. Click here for the news story. Click here for the Wichita school bond channel on YouTube. I wonder: Do people pass out bottled water with custom printed stickers urging people to register and vote out of a sense of civic duty, or…
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Rotten Paper, Toxic Paper
Read more: Rotten Paper, Toxic PaperPat Buchanan’s take on the current financial crisis. See Day of Reckoning.
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Free market economists weigh in on Paulson’s plan
Read more: Free market economists weigh in on Paulson’s planReason Magazine asks free-market economists their opinion of the proposed bailout plan, and collects their results. Click here to read this excellent article.
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The Bailout Reader
Read more: The Bailout ReaderThe Ludwig von Mises Institute has compiled The Bailout Reader, a collection of articles relevant to the current situation. Not all these articles are from the past few weeks, as Austrian economists have long understood the dangers of government interventionism, the fruits of which we see today. The events taking place in the financial market…
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First Wichita School Bond Advertisement
Read more: First Wichita School Bond AdvertisementWichitans for Effective Education has released the first in a series of Wichita school bond issue advertisements. More will follow. Visit the Wichita School Bond Channel at YouTube for more videos.
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Lure of Earmarks Impossible to Resist, Even in Crisis
Read more: Lure of Earmarks Impossible to Resist, Even in CrisisBill Smith of ARRA News Service reports on earmarks worming their way in the agreement to end the current financial crisis. This agreement may have imploded on itself, but the lesson is clear. See the post Major “Earmark” in Democrat Bailout Agreement .
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At Wichita Chisholm Trail Elementary School, Why is Increased Enrollment a Problem?
Read more: At Wichita Chisholm Trail Elementary School, Why is Increased Enrollment a Problem?Today’s Wichita Eagle reports Wichita area schools’ enrollment increases. Featured in this story is Chisholm Trail Elementary School, which added 112 students. The enrollment there is now 576. Interim superintendent Martin Libhart and other officials held a press conference there, presumably to emphasize the plight of this school. Someone has already mentioned to me today…
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Ron Paul’s Wisdom on the Current Financial Crisis
Read more: Ron Paul’s Wisdom on the Current Financial CrisisRon Paul writes My Answer to the President, noting that the “financial meltdown the economists of the Austrian School predicted has arrived.” He introduces a quotation from Hayek this way: F.A. Hayek won the Nobel Prize for showing how central banks? manipulation of interest rates creates the boom-bust cycle with which we are sadly familiar.…
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Charter Schools Are Mostly Okay Despite Misconceptions
Read more: Charter Schools Are Mostly Okay Despite MisconceptionsA recent Wichita Eagle Editorial Blog post mentioned charter schools in Arizona. A comment writer wrote “Arizona found out, ‘Charter schools tend to be fly by night’ schools operated by entrepreneurs looking for new profit centers at the giant expense of the public school system.”