Power & Market

Three regulators fighting over fewer than a third of the banks that were operating 40 years ago. Thousands of regulators overseeing bankers pretending bad loans are good. 

It is hard to find an article in the past century more influential in economic methodology than Milton Friedman’s “The Methodology of Positive Economics.”

During a recent podcast, the woman who accused three Duke University lacrosse players of beating and raping her in 2006 admitted that she had lied about the whole thing.

I am not referring to the lighting of the White House Christmas tree but to passage of a “continuing resolution” (CR) funding the government and thus avoiding a Christmastime government shutdown.

Instead of fearing another government shutdown Americans should be hoping and praying for one – and not just a five weeker. What a great Christmas gift to the entire nation that would be!

“There was no ‘classical’ liberalism, only a single liberalism, based on private property and the free market, that developed organically, from first to last.” 

US coins in circulation get damaged and are eligible to be redeemed through the US Mint Mutilated Coin Redemption Program, begun in 1911.

While Scrooge rightly dropped many of his imprudent traits on Christmas Day, following his haunting, this need never have required the dropping of the rugged individualism he originally embodied.

The idea that the state can provide services and other advantages to its citizens that did not previously exist is in contrast to the arguments of state protection—a fallacy that ought to be dismissed outright.

While much attention has been devoted to the internal situation in Syria after the fall of the Assad government, another key aspect of this issue also deserves attention—Israel‘s seizure of the Golan Heights.