Interventionism

The Austrian School of economics, also called the Viennese School of economics, was founded by Carl Menger in Vienna during the last third of the 1

Union defenders have justified their position based on little more than the assertion that some union benefited them or some member of their family.

ome bozo tried to patent a species in 1889, but the patent commissioner rejected it as "unreasonable and impossible." Exactly. But this changed in stages, and only fairly recently. The current regime dates from the late 1980s. These patents handed the Left their best arguments.

When the Civil War closed, the revenue acts that had been hastily passed during its course constituted a chaotic mass.

Taxpayers, struggling to make ends meet, would likely join the revolt, if taxes are raised just so 46 year-old ex-policemen and ex-firefighters can enjoy cushy retirements.

In two recent blog posts on the varying economic fortunes of US states, Krugman's about-face was complete and fast.

Fannie and Freddie, far from being the sole miscreants of the crisis, operate on the same parlous economic principles that the Fed functions on and facilitates. Ridding the market of the crippling appetites of Fannie and Freddie, even if a step in the right direction, is hardly a panacea for the current economic plights.

The plight of American workers is bleak, far worse than the official statistics indicate.

President Barack Obama promised recently in a <i>Wall Street Journal</i> op-ed to undertake a grand review of economic regulation in the United States and get rid of rules that "are not worth the cost, or that are just plain dumb." Yet he has added plenty of dumb regulations himself.