?Nancy Pelosi and The Elusive "Middle Ground"

In the current budget battles, former and (she hopes) future Speaker of the House Nancy Pelosi spoke of going for a “higher ground, not a middle ground.” She’s referring to calls by the Republican leaders and others for an elusive middle ground. You...

Green Energy Fantasy

If we want to restore economic growth and reduce our vulnerability to the elements, what we need is not “green energy” forced upon us by government coercion but real energy delivered on a free market.

Housing Will Remain a Government Program

Recently, the Obama Administration seemed to flash a rare sign of laissez-faire thinking when it issued a report calling for the “winding down” of Fannie Mae and Freddie Mac, the two taxpayer-guaranteed institutions now responsible for backing at...

The FED’s Core Incompetency and Inflation

For years the Federal Reserve has told us that in order to detect inflation in the economy it is important to separate “signal from noise” by focusing on “core” inflation statistics, which exclude changes in food and energy prices. Because food...

Obamacare: A Waste of Good Medicine

The movement to repeal President Obama’s signature health care law rightly criticizes the accounting trickery in the legislation’s understated costs and overstated savings. In fact, when in the last two centuries has the U.S. Congress been able to reduce,...

The Draft: Slavery as Literal as it Comes

A reader asked what my thoughts are on conscription — i.e., the draft. I view the draft the same way I view any violation of individual rights: As slavery. In the case of the draft, since your life is at stake, the slavery is as literal as it comes. The common...

Donald Trump: The Wish Fulfillment Candidate

The emergence of Donald Trump as a serious candidate for President shows just how far off track conservatives — and Americans more generally — have become. Trump represents the development of an attitude, an attitude that all that matters is “getting...

No Waiver from Reality for Rep. Weiner

Rep. Anthony Weiner (D-NY) is one of the loudest proponents of ObamaCare, not to mention all things socialist. When he’s critical of Obama, it’s — incredibly — from the left, not from the right or the center. At the time of ObamaCare’s...

Fiat Money and The Inflation Knuckleball

By its very definition, fiat money is something created out of thin air: the word “fiat” is Latin for “let it be done” (as in, by decree). But the convenience that such a currency system offers central bankers is...