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With Enron, Global Crossing, and other debacles in the news, the usual hue and cry for “more regulation” is hitting full steam.  In a recent New York Times  column, Paul Krugman--always an apostle for expansion of the police powers of the state--says that the Enron collapse will have an even larger impact on the future of this country than the

Bush  supporters (and especially the editorial writers of the Washington Times  and The Wall Street Journal ) seem relieved now that A lan Greenspan  has officially proclaimed that the recession that began a year ago is now over.   Even as people in  New York City  observed a brief period of silence to mark six months since the September 11

While most of the writings of Paul Krugman are, to me, analogous to one’s scraping his fingernails on a chalkboard, I must admit to reading his stuff. His latest gripe about a story on how many doctors are refusing to see more Medicare patients provides ample proof that one can be called an “economist,” yet not know much about economics. Krugman

During the debate on whether or not to drill for oil in the Arctic National Wildlife Refuge (ANWR), the U.S. Department of the Interior has posted Website pictures of the actual area where oil would be drilled--and those pictures conclusively demonstrate that the pictures of mountains and abundant wildlife shown on television news broadcasts are

Regular readers of this website know that the various writers who have recently appeared have not been kind to the economic “program” (if one can call it that) which has come forth from the George W. Bush administration. As the markets continue to wallow in bear territory, and as consumer--and, more important, investor--confidence falls, writers

The California power crisis has made the headlines again, as the state’s Public Utilities Commission has declared that the culprits all along were the power companies, who deliberately created the crisis by “withholding electricity.” Princeton’s Paul Krugman, the economics columnist for The New York Times, has joined in, declaring that the crisis

I write these words while driving away from an interdisciplinary business conference that my colleagues and I attended this past week. One might think that business professors might have a handle on what happened with the collapse of the Enron Corporation and the implosion of other firms whose failures, while not as spectacular as the former

[John Allen Muhammad and Lee Boyd Malvo, “the Beltway Snipers,” shot 13 people over the course of three weeks in October 2002. Police finally caught them on October 24. This Mises Daily was first published on November 4, 2002. An MP3 audio file of this article, narrated by Colin Hussey, is available for download .] As many writers have pointed out

With the mid-term elections barely over, the Federal Reserve, in a move that gives even politics a bad name, has announced yet another cut in its key interest rates.  The Federal Funds Rate is down to 1.25 percent, while the discount rate now stands at 0.75 percent. No doubt, economists from all sides will applaud this “long overdue” move by

In a recent newspaper interview, Al Gore finally came out of the socialist closet and declared that the “solution” to what he deems as a “crisis” in U.S. medical care is for the government to impose a “single payer system.”  While some folks might consider Gore’s remarks a setback to the possibilities of actually establishing free market