Bailing out Bear Sterns while letting Lehman fail, the two TARP votes, and the incessant clamor about (nonexistent) systemic risk were geared toward bailing out Wall Street firms on the wrong side of housing risk.
Government spending — whether on our current armed forces and their more than 800 foreign bases or on "green" energy and other government-favored projects — does not produce prosperity. It only diverts resources.
What is the corporate form of organization, where did it come from, how does it work, and do corporations take advantage of consumers, investors, a
The United States imposes import quotas that substantially raise domestic sugar prices, harming domestic consumers to benefit politically powerful domestic sugar producers.
In this article I'll walk through Glaeser's critical observations, most of which misfire.
The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should.
Social order is like barbecue. Both are defined in the process of their emergence.
So no matter what GDP numbers the Commerce Department spins out, the interest rate Chairman Bernanke controls will stay low "for an extended period."
Until corporate welfare takes a backseat to real, proven solutions that help stateside consumers save a bundle at the pump (and help our less-prosperous allies financially), corn will remain king.
