An American Eccentric May 6, 2009Alvaro Vargas Llosa WASHINGTON—With the market value of Warren Buffett’s Berkshire Hathaway down 30 percent in the last year, financial oracles seem highly overrated. But a […]
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Statism survives by looting; a free country survives by production. – Ayn Rand
The Two-Price System
The Two-Price System U.S. Rationing During World War II April 28, 2009Robert HiggsThe Freeman As the United States mobilized for war after mid-1940, the government’s demands for munitions and related resources began […]
Read moreUnited States Motors
United States Motors April 24, 2009William F. Shughart II If you are an owner, an investor, a supplier, or an employee of General Motors Corp., I am willing to bet that […]
Read moreThe Illusion of ‘Green Jobs’
The Illusion of 'Green Jobs' April 22, 2009Andrew P. Morriss “Green jobs” are touted as the universal cure-all, saving the environment and the economy at the same time. Congress included […]
Read moreThe Idiot’s Bible
The Idiot’s Bible April 22, 2009Alvaro Vargas Llosa WASHINGTON—Hugo Chavez’s gift to President Obama at the recent Summit of the Americas—a copy of Eduardo Galeano’s “Open Veins of Latin America”—has many […]
Read moreObama’s Plan is Debt Disaster
Obama’s Plan is Debt Disaster April 7, 2009Richard K. Vedder Throughout America, unemployment is high and rising, and an activist president wants to do something about it, also using economic decline […]
Read moreGovernment Exploits Crisis to Seize New Powers
Government Exploits Crisis to Seize New Powers April 5, 2009Robert Higgs How do once-free people lose their liberty? The formula may be stated succinctly: crisis and leviathan. The procedure for government […]
Read moreAngela Merkel, Voice of Reason
Angela Merkel, Voice of Reason April 1, 2009Alvaro Vargas Llosa WASHINGTON—Amid the panic of the hour, with governments creating, borrowing and spending money like drunken sailors, German Chancellor Angela Merkel […]
Read moreSome Good—and Bad—Ideas for Funding Roads
Some Good—and Bad—Ideas for Funding Roads March 30, 2009Gabriel Roth What are we to make of the report of the National Surface Transportation Infrastructure Financing Commission, delivered on February 26? […]
Read moreHas the G-20 Learned the Lesson?
Has the G-20 Learned the Lesson? March 25, 2009Alvaro Vargas Llosa WASHINGTON—Anticipation in advance of the coming Group of 20 meeting in London centers on doing something about the excesses […]
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