by George Reisman | Feb 7, 2009 | Business
Those seeking to deify the government and raise it above the citizens, that they are encouraging a servant to forget his place and to become the master of those whom it is his duty to serve.
by Walter Williams | Feb 4, 2009 | POLITICS
The U.S. Securities and Exchange Commission (SEC) was set up to combat fraudulent practices. The SEC’s website explains that “Ponzi schemes are a type of illegal pyramid scheme named for Charles Ponzi, who duped thousands of New England residents into... by Raymond C. Niles | Feb 4, 2009 | Business
“There will be a time for [Wall Street executives] to make profits and there will be a time for them to get bonuses. Now is not that time.” So said President Obama on January 29 to reporters (source: “The Kudlow Report,” CNBC). So we receive... by Amit Ghate | Feb 3, 2009 | POLITICS
In a widely-circulated NY Times column (Jan 13, 2009), Bob Herbert proposes a 0.25% transaction tax on every stock trade. If this idea, which has been garnering support among politicians, passes into law, it will mark another devastating — perhaps fatal... by Thomas Sowell | Feb 2, 2009 | POLITICS
A brief glimmer of sanity among Congressional Republicans has been followed, almost immediately, by a return to the more traditional Washington insanity. Last week, every single Republican in the House of Representatives voted against the Obama administration’s...