by Dr Michael Hurd | Jun 18, 2012 | Education
According to clickorlando.com and FoxNews.com, The Florida Board of Education decided in an emergency meeting last Tuesday to lower the passing grade on the writing portion of Florida’s standardized test, after preliminary results showed a drastic drop in...
by Peter Schiff (G) | Jun 18, 2012 | Money & Banking
Excerpted from the new economic bestseller, The Real Crash Today, we’re accustomed to thinking of small greenish paper rectangles as the definition of money, and we think of the US government as the only source of money. To honestly discuss sound money, we need...
by Dr Michael Hurd | Jun 17, 2012 | Europe, WORLD
Many are saying that the United States should bail out European economies. The rationale is self-interest. “If European economies go under, then the U.S. will go with them.” If the U.S. was not making the same kind of mistakes that European economies have been making,...
by Peter Schiff | Jun 17, 2012 | Housing
While JP Morgan CEO Jamie Dimon has been credited for a confident and feisty performance today in front of Congress, he was careful to not criticize their efforts thus far to regulate the financial services industry. Given that JP Morgan has been on the receiving end...
by Brian Phillips | Jun 17, 2012 | Housing, POLITICS
Swedish economist Assar Lindbeck once wrote, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing.” In the late 1970s, a poll of American economists found that ninety-eight percent agreed that “a...
by Dr Michael Hurd | Jun 16, 2012 | POLITICS
To his supporters and apologists, Barack Obama is a leader of unprecedented vision. This may be true when it comes to visions of spending other people’s money and expanding the federal government way beyond its already bloated, dysfunctional state. But it...
by George Selgin | Jun 16, 2012 | Money & Banking
Persons familiar with my writings on monetary reform know that, far from being anyone’s idea of a gold bug, and despite my conviction that those monies work best that governments govern least, I’ve always shied away from arguing that we ought to...
by Dr Michael Hurd | Jun 15, 2012 | POLITICS
The Federal Reserve is reporting that American families have about the same net worth under the Obama administration that they had 20 years ago when George H.W. Bush occupied the White House. The Fed’s findings, which are contained in its latest Survey of Consumer...
by Dr Michael Hurd | Jun 14, 2012 | POLITICS
The latest economic numbers are not looking good. It’s becoming harder for Obama to fudge them. Obama’s response? He says “we’ve still got a lot of work to do.” More work to do? What exactly does Obama plan to DO that he hasn’t...
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