Interventionism

Can government really provide it?

Why they do and should rise on Valentine's Day.

Revising the history of the Great Depression.

The same old protectionist fallacies, back again.

The policy agenda of the Clinton administration is usually described as halting, pragmatic, and poll driven. But in its approach to the issue of medical insurance and the drive to socialize medical care, it has been systematic, principled, and highly strategic. The Clinton government is using the failures and internal contradictions of the welfare state to pursue a program of universal entitlements.

Government corrupts markets when it bribes them to behave.

The government controls the money it spends.

The public debate on Social Security is wildly off track. 

In what can only be termed as truly bizarre, an Alabama local of the steelworkers union demanded that Alabama Governor Fob James close the international port at Mobile to all steel imports. Besides the fact that it would be clearly a violation of the U.S. Constitution for the governor to grant the union's demands, it would illegally abrogate existing contracts between suppliers and purchasers. It would also be bad economics.

Unreconstructed Keynesians the world over are now calling for a "Global New Deal" ostensibly to put an end to the business cycle once and for all.