Tag: United States government

  • The Myth that Laissez Faire Is Responsible for Our Present Crisis

    Professor George Reisman contributes the excellent (and lengthy) article The Myth that Laissez Faire Is Responsible for Our Present Crisis. I’ve had the distinct honor of attending a number of Professor Reisman’s lectures at the Ludwig von Mises Institute, and I’m slowly working my way through his monumental book Capitalism: A Treatise on Economics. Here’s…

  • What We’re Learning About Ourselves

    “Soon this depressing campaign will be over, and we can reflect on what we learned from our two-month introduction to Sarah Palin. Clearly, it is more than we would have ever wished to know about ourselves.” “First, there turns out to be no standard of objectivity in contemporary journalism. … Second, there does not seem…

  • Beyond Bailouts Is Recommended

    I recommend BeyondBailouts.org as a place to learn about the current situation in our financial markets. From their site: BeyondBailouts.org is a joint venture of the National Taxpayers Union (NTU) and Competitive Enterprise Institute (CEI). The purpose of the website is to educate about government’s role in our current financial difficulties, suggest reforms that address…

  • Firms that made wrong decisions should fail

    So says Anna Schwartz. She co-authored, with Milton Friedman, A Monetary History of the United States. She has insight into what’s going on right now. Read the Wall Street Journal’s Weekend interview Bernanke Is Fighting the Last War.

  • John Stossel’s Politically Incorrect Guide to Politics

    Be sure to view all four parts. It’s very good. Click here for part one.

  • Photos from AFP Defending the American Dream Summit

    Photographs taken today at the Americans For Prosperity Defending the American Dream Summit in Washington, DC. I am the photographer, except for one photo in which I am the subject. Click here for the photos at Picasa Web Albums.

  • 1,000 to Protest Attack on Free-Market Principles at U.S. Capitol

    I am one of these people! Amidst Market Unrest, Americans for Prosperity Gathers Citizens to Protest Big-Government Power Grab WASHINGTON – About 1,000 citizens will gather in front of the U.S. Capitol on Friday to participate in a free-market call to arms by the grassroots group Americans for Prosperity (AFP). Amidst market uncertainty, and just…

  • Earmarks are (not) OK

    In a Wichita Eagle letter, writer Prem N. Bajaj of Wichita makes the case that Earmarks are OK. But only by tortured reasoning, in my opinion. First, he states: “Earmarks finance local projects that the community is unable to support.” I ask Mr. Bajaj this question: Where, if not from community, does money for earmarks…

  • Our problem is the manager of our money

    Think of it: Nothing is more vital to capitalism than capital, the financial seed corn dedicated to next year’s crop. Yet we, believers in free markets, allow the price of capital, i.e., the interest rate on loanable funds, to be fixed by a central committee in accordance with government objectives. We might as well resurrect…