Big Government

“So let us not talk falsely now, the hour is getting late.”  (Bob Dylan, All Along the Watchtower, 1967)

The Loyola economics club hosted a debate between economics professor Walter Block and law professor Bill Quigley on the minimum wage. The debate was held on 2/24/15.

Laurence Vance discusses his recent book, Social Insecurity.

Many have tried to create a division between “political freedom” and “economic freedom.” But all freedoms ultimately depend

The neo-mercantilist Export-Import Bank is being pushed with bipartisan support yet again. We’re being told that the Ex-Im Bank is good for private enterprise. It’s no doubt good for some private companies, but there’s a difference between private enterprise and free enterprise.

The Jones Act and similar laws have been behind a precipitous decline in global American shipping. Passed for "national defense" purposes, such laws only serve to raise the cost of shipping to US ports while restricting consumer access to goods.

In recent years, some economists, contrary to long-established and widely-accepted economic theory, have been claiming that increases in the minimu

Government will be so much better if we just adopt the latest fads in government reform, we’re told. Needless to say, modest reforms have a long record of total failure and the only answer is to make radical cuts to every government program.

Federal spending has soared by almost 20 percent since 2008. Yet, to hear Mr. Obama, one would think federal employees are forced to sell pencils on Constitution Avenue to raise funds to finance their bureaucratic salvation missions.