Tag: Economics and Financial Services

Watching Our Rulers Destroy Our World February 4, 2009Robert Higgs Our rulers are destroying the economy. Not little by little, as they usually do, but in huge swaths. Each great assault […]

China-Bashing February 4, 2009Alvaro Vargas Llosa WASHINGTON—Several Chinese readers have contacted me to express astonishment at the chorus of voices blaming China for the U.S. recession. They wonder: Is this the […]

Folly of Incentives January 26, 2009William F. Shughart II News that Toyota Motor Corp. will delay indefinitely construction of its yet-unfinished North American plant in Blue Springs, Miss., provides further proof, […]

The Obama Stimulus Plan Won’t Work January 22, 2009Dominick T. Armentano President Barack Obama and his economic team will soon attempt to convince Congress that spending upwards of $1 trillion tax […]

January 20, 2009 January 20, 2009Alvaro Vargas Llosa WASHINGTON—Just as Barack Obama was being sworn in, it struck me that the greatness of America’s institutions is their flexibility to accommodate revolutionary […]

The Latest Reported Bankruptcy: Mainstream Economics January 9, 2009Robert Higgs Banks, home builders, and auto manufacturers are not the only ones going belly-up these days. If we may credit Louis Uchitelle’s […]

Terrible Credit Crunch of 2008—The Greatest Hoax of All Time? January 6, 2009Robert Higgs Remember the credit crunch? Of course, you do. We’d never seen anything like it, or so the […]

Paving Projects Won’t Boost Economy January 6, 2009William F. Shughart II President-elect Obama has announced plans for a new stimulus package containing $500 billion to $700 billion worth of public […]

Military Keynesianism to the Rescue? January 2, 2009Robert Higgs Writing in the Wall Street Journal on December 24, 2008, Martin Feldstein gives us an article entitled “Defense Spending Would Be Great Stimulus.” The […]

Government Spending Makes Recessions Worse December 19, 2008Dominick T. Armentano The National Bureau of Economic Research has officially confirmed what everyone already knew: The U.S. economy has been in recession […]