Some of you may have heard some noise in the media over the past week about the small dip in ...
Let’s give the Fed some competition
Let’s give the Fed some competition
April 16, 2012
If we don’t like a product one company offers, we can instead choose to use the product of another company. This competition forces accountability for both companies. The federal government allows no such competition for currency. We’re stuck using the dollar and stuck with its value being tied to the whims of bureaucrats who manipulate it to achieve their own goals.
You’re on your own
April 12, 2012
Free market capitalism lowers prices and improves quality.
http://www.ftportfolios.com/Commentary/EconomicResearch/2012/4/9/on-your-own-economics
Three common myths of Capitalism
March 5, 2012
Is being pro-business and pro-capitalism the same? Does capitalism generate an unfair distribution of income? Was capitalism responsible for the most recent financial crisis? Dr. Jeffrey Miron at Harvard answers these questions by exposing three common myths of capitalism
Regulation IS a problem
January 19, 2012
“Liberal economists are right to point out that poor demand/sales have been a drag on the economy. Put aside for the moment whether or not that justifies more fiscal stimulus. They might be interested to learn that regulation is a growing problem for small companies.”
http://blog.american.com/2012/01/regulation-is-in-fact-a-growing-problem/
I, Pencil
January 6, 2012
This is just as true today as it was in 1958, when it was written. This is a long one, but so good
http://www.hillsdale.edu/news/imprimis/archive/issue.asp?year=1983&month=12
No more tricks in the Keynesian Bag
December 2, 2011
The calamity in Europe is a prime example of what happens when you let Keynesians hold the purse strings, and the outcome isn’t pretty.
10 myths about capitalism
December 1, 2011
Here are ten things the Occupy Wall Street protestors think capitalists really think, but are they true?
Capitalism works; a cautionary tale
November 4, 2011
One problem with having a fundamental misunderstanding about the nature of the economy is that it can cause you to draw inaccurate conclusions about events that take place. For example, the collapse of MF Global has caused some to use it as a rallying cry for “tougher rules.” That’s not-so-secret code for more bureaucratic regulation. What they fail to realize is that the fact that MF Global went under is evidence that such regulation is unnecessary. Brian Wesbury of First Trust Advisors wrote a great piece on this that will show you how this works. Click Here to read.
The end of the world? It’s nothing new.
September 22, 2011
With each headline about debt downgrades, and Greek financial issues, doom and gloom is the theme. We're always told about how things are becoming. What they neglect to tell you is that for each banking crisis and struggle, there have been numerous ones just like it. Every banking system in every country has crises from time to time. It's just the nature of the beast. Here's a great article from the American that shows all of the different banking crises that occurred throughout the 20th century. You'll be surprised at how common an event it is. Certainly not the end of the world..
http://www.american.com/archive/2011/september/theres-usually-a-banking-crisis-somewhere
Want Jobs? Have faith.
September 9, 2011
Want Jobs? Have Faith.
Brian S. Wesbury ? Chief Economist
Robert Stein, CFA ? Senior Economist
Date: 9/6/2011
The private sector created 17,000 new payroll jobs in August and the government lost 17,000. The net was “zero.” Nada…zip…zilch…nothing.
Some would say that this is a perfect metaphor for the economy…a big fat zero. The stock market is getting drilled, politicians are frothing at the mouth, the Fed is having longer meetings, and investors are scared. So, what’s going on?
