Tag: Interventionism

  • Just Say No to Stimulus

    “Congress should not enact an expensive spending bill under the pretense of stimulus or recovery. We cannot spend our way to prosperity, and such an expansion of the federal government will put a crushing burden on taxpayers in the long-term.” That’s the online petition at NoStimulus.com. This website, a project of Americans For Prosperity, provides…

  • Minimum Wage: Helpful? Or Not?

    What’s one of the barriers to advancement by minorities in the workplace? We’re told that the minimum wage law is a guarantee that workers will not be exploited by greedy employers. But does it really work that way? Art Carden writes this in his article The Minimum Wage, Discrimination, and Inequality: Milton Friedman openly argued…

  • Barack Obama and the Price of Change

    The Competitive Enterprise Institute, an important organization dedicated to advancing the principles of free enterprise and limited government, has a short (one minute) video that does a little arithmetic and arrives at the price of President-elect Obama’s plans for economic stimulus. Hint: it’s a pretty big number.

  • The bailout reader

    The events taking place in the financial market offer an illustration of the soundness of the Austrian theory of money, banking, and credit cycles, and Mises.org, which has long warned of precisely the scenario playing itself out today, is your source not only for analysis of these events but also the economic theory that helps…

  • Big Government Is Not Stimulus

    From the Center for Freedom and Prosperity Foundation. In less than four minutes, Dan Mitchell of the Cato Institute reviews the theory and history of Keynesian policies, and demonstrates that more government spending does not spur economic growth. The video is very timely since government spending has increased dramatically under Bush and now Obama wants…

  • Markets are the best regulators

    Since the start of the current financial crises, we’re told that markets are at fault. The most common diagnosis is that there’s not enough regulation in place, and only a move away from reliance on markets and toward more laws and regulations will save the economy.

  • Accountants Seek Bailout

    By Warner Todd Huston Washington — In this current economic climate, bailouts for industries in the private sector are quickly becoming the chief form of reform and stability. From newspapers to the financial sector to the auto industry, Congress is infusing life saving money into the bloodstream of the country’s economy. But one sector is…

  • Wichita Mayor Carl Brewer’s Message to Wichitans

    Here’s a message someone sent to me. It’s from Wichita Mayor Carl Brewer. It describes some of the ways that government grew in Wichita during 2008. It also promotes the mayor’s plan for greater centralized planning and control over Wichita’s future. All this government expansion leads to less prosperity, making the mayor’s wish for a…

  • In a time of crisis, don’t forget what they had to say

    In his recent Forbes Magazine, Peter Robinson delivers three quotes from some great Americans: Milton Friedman, Ronald Reagan, and William F. Buckley Jr. Two of the quotes made it to the “Featured thoughts” section of this blog. Robinson delivers some good analysis of the current economic situation, too. Click on In a time of crisis,…