Give Thanks to Price Gougers by Fergus Hodgson September 7, 2011 Some things never cease to amaze me, for example, the willingness of state officials to vilify and prosecute those who dare to raise prices during an emergency. As far as superficial demagoguery and economic illiteracy go, those initiatives are right up there. Thirty-one states have some form of anti-price-gouging law, and a recent statement from North ...
The Jacob Hornberger Show – September 3, 2011 by Jacob G. Hornberger September 6, 2011 The Jacob Hornberger Show broadcasts live Saturday nights at 7pm EST. Visit FFF's Ustream Channel to watch the show live. Download the MP3 here, or subscribe to the RSS feed.
Why Do Republicans Want to Raise Taxes? by Laurence M. Vance September 6, 2011 True or false: Barack Obama wants to raise taxes and Republicans in Congress want to cut them. The surprising answer is, False. Although it can usually be said that the president never met a tax hike or spending increase he didn’t like, such is not the case right now. One does not have to be a fan of Obama or ...
Is There a Right to Earn a Living? by George Leef September 3, 2011 The Right to Earn a Living: Economic Freedom and the Law by Timothy Sandefur (Washington, D.C.: Cato Institute, 2010) Is there a right to earn a living? Most Americans would answer, “Of course there is, but ...” Following that “but” you would get a long list of exceptions and qualifications that whittle away at the right, such as “but ...
Freedom by Jury by Rich Schwartzman September 2, 2011 We should be celebrating September 5 with at least as much exuberance and respect as we celebrate July 4 or Thanksgiving. It’s Jury Rights Day. Little is made of the date. Most people are completely unaware of its historic significance and have never heard that jurors have rights. Yet it was on that date in 1670 when a group of ...
Libya Is Nothing for Obama to Be Proud Of by Sheldon Richman September 2, 2011 A fascinating example of the mindset of American mainstream journalists is provided by New York Times columnist Nicholas Kristof, who wrote a glowing piece this week praising the U.S. government’s humanitarian intervention in Libya. It’s entitled “Thank You, America!” Kristof’s article comes across as a glorious paean to the U.S. government — how good and wonderful the government ...
Debt and Financial Repression by Tim Kelly September 1, 2011 Despite all the Sturm und Drang surrounding this summer’s debate concerning the debt limit, there was never any doubt that Congress would vote to increase it. It was all political theater because there was never the political will on Capitol Hill to impose the kind of spending cuts that would have been necessary had it not been raised. So the ...
Paul Krugman and Military Keynesianism by Tim Kelly August 30, 2011 The Princeton economist Paul Krugman recently appeared on CNN’s GPS hosted by Fareed Zakaria and offered up this pearl of economic wisdom: It’s very hard to get inflation in a depressed economy. But if you had a program of government spending plus an expansionary policy by the Fed, you could get that. So, if you think about using all of ...
The Unessential Air Service Program by Laurence M. Vance August 30, 2011 During the Great Depression, the New Deal program known as the Agricultural Adjustment Act (AAA) paid certain farmers not to grow corn, wheat, cotton, rice, peanuts, and tobacco in order to control their supply and drive up their prices. The money paid to farmers came from a tax imposed on processors of farm products. In the Soviet Union that ...
Restoring Freedom, Peace, and Prosperity, Part 1 by Jacob G. Hornberger August 30, 2011 Part 1 | Part 2 | Part 3 Now that the celebrations over the killing of Osama bin Laden have died down, reality is setting in for the American people. It is slowly dawning on them that the killing wont make any difference whatsoever and, in fact, might even make things worse for them. The occupations of Iraq ...
Can Kuwait Break the Guantánamo Deadlock? by Andy Worthington August 30, 2011 As the tenth anniversary of the 9/11 attacks approaches, those hoping for the closure of the “War on Terror” prison at Guantánamo, which was and remains the most notorious emblem of the Bush administration’s excessive and misguided response to the attacks, are wondering how the prison will ever close. Because of a combination of cowardice on the part ...
Pressing the Statist Quo by Rich Schwartzman August 29, 2011 The question was blunt: “Why are libertarians so off-putting?” I’m not sure what I said exactly in response or how I said it. I was too busy forcing myself to be polite. It happened at last year’s Thanksgiving dinner at my sister’s and the question came from my sister’s mother-in-law. I had the urge to scream that members of the ...