by John Downs | Apr 13, 2011 | Investing
Imagine you invented a machine that revolutionized travel. You know your invention could cut local and long distance travel time substantially and vastly improve the ability for business to deliver freight efficiently. The invention would add trillions to global GDP.... by George Reisman | Apr 12, 2011 | Economics
In the conditions of a labor shortage, which necessarily materializes if wage rates go below the point corresponding to full employment, the payment of higher wages provides exactly the same benefit to employers.
by Dr Michael Hurd | Apr 11, 2011 | POLITICS
The recent government shutdown “compromise” is what happens when you play principle-by-numbers. The Republican House leadership originally promised to cut no less than $100 billion from the multi-trillion dollar budget. Eventually they caved and settled... by Jonathan Hoenig | Apr 11, 2011 | Elections
Punitive and redistributionist taxes, centralized planning, barriers to trade, and an entitlement “social safety net” are all ideas straight out of Karl Marx, not John Galt.
by Robert Spencer | Apr 10, 2011 | Free Speech, POLITICS
Enraged over the burning of a Koran in Florida, Muslims have murdered about 20 people in Afghanistan and five in Pakistan—none of whom ever burned a Koran or had any acquaintance with the men who did.These killers are monstrous. They have assassinated... by Harry Binswanger | Apr 8, 2011 | POLITICS
Late-breaking: contrary to the spin I fell for, the Paul Ryan budget plan is a fraud. Karl Rove reports that the proposed budget does not cut a single dime. It’s the oldest trick in the book: pass off a slowed increase as a cut. Ryan’s “Path to... by Dr Michael Hurd | Apr 8, 2011 | POLITICS
Rep. Charlie Rangel (D-NY) speaks for all liberals and socialists when he says that budget “cuts do not necessarily mean savings.” Only in the world of Washington D.C. do the laws of logic, economics, physics and even simple sensory evidence not apply.... by Dr Michael Hurd | Apr 7, 2011 | POLITICS, Terrorism
Obama’s Attorney General Eric Holder has resentfully given in. He’s referring the 9/11 mastermind terrorist to the Pentagon for a military trial. Obama and Holder wanted terrorists tried as civilians — as purse-snatchers, or even less — and for... by Dr Michael Hurd | Apr 7, 2011 | POLITICS
Of all the stupid things said in political Washington D.C., few are as ridiculous as the claim that a government shutdown, or government spending cuts, will “harm” the American economy. Such a statement relies on the most false premise imaginable: That...
