The Sin of ‘Sin Taxes’
Like most states, Georgia is facing a severe budget crisis. Estimates place Georgia’s deficit for the next fiscal year at between $800 million and $1 billion. To help remedy the situation, Governor Sonny Perdue is trying the oldest political trick in the...The Grand Fraud: “Disparate Impact” Statistics, Big Business, and Affirmative Action
Someone once said of Lillian Hellman that every word she uttered was a lie, including “and” and “the.” Many defenders of affirmative action deserve a Lillian Hellman award. Not only is much of what they say contradicted by readily available...U.S.-Russian Relations Threatened By Iraq Arms Sales
The Bush Administration has accused Moscow of selling sensitive military equipment to Saddam Hussein in violation of U.N. Security Council sanctions. During a March 24th telephone conversation, President George W. Bush discussed the sales of night vision goggles,...Will Saddam Use Chemical Weapons?
There is little debate as to whether Saddam Hussein has chemical weapons. This was underscored when coalition forces recently discovered 3,000 chemical suits in a Nasiriyah hospital. The real question is whether or not Saddam will use these weapons of horror. As...The Economic Effects of President Bush’s Budget Proposal
On March 25, the Congressional Budget Office released an important study of President Bush’s budget proposal. What was novel about this study is that the CBO attempted to calculate the impact of the proposal on the economy as a whole. Normally, it assumes that...Defending the Indefensible: Nestles-Dreyer’s Ice Cream Merger
The FTC knows their actions are rationally indefensible, which is why they rely on smearing their opponents and tossing around floating abstractions like “consumer welfare” to justify what they’re doing.