by Thomas Sowell | Oct 6, 2008 | POLITICS
Critics of Senator Barack Obama make a strategic mistake when they talk about his “past associations.” That just gives his many defenders in the media an opportunity to counter-attack against “guilt by association.” We all have associations,... by Ludwig Von Mises | Oct 2, 2008 | Economics, POLITICS
Excerpted from Chapter 23, Part IV of Mises classic The Theory of Money and Credit (1912).The people of all countries agree that the present state of monetary affairs is unsatisfactory and that a change is highly desirable. However, ideas about the kind of reform... by Amit Ghate | Oct 2, 2008 | POLITICS
Everywhere today government bureaucrats and media pundits blame unwanted price movements on speculators and short-sellers. If prices are “too high”–it’s the fault of greedy speculators; if prices are “too low”–it’s the... by Nicholas Provenzo | Oct 2, 2008 | POLITICS
One fact is absolutely clear: most of the blame for the current financial panic is utterly misdirected. Rather than hold accountable the irrational government policies that encouraged irresponsible lending and mountains of homeowner debt (and those who supported these... by Eric Daniels | Oct 1, 2008 | POLITICS
All eyes are opened, or opening, to the rights of man. The general spread of the light of science has already laid open to every view the palpable truth, that the mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred,... by Alex Epstein | Oct 1, 2008 | POLITICS
Every few days we hear that another leading financial institution has written down billions more on subprime investments gone bad. Nearly every major financial institution, it turns out, had a hand in loans to low-credit borrowers–borrowers whose ability to pay... by Walter Williams | Oct 1, 2008 | POLITICS
Supreme Court Justice Louis Brandeis warned, “The greatest dangers to liberty lurk in the insidious encroachment by men of zeal, well meaning but without understanding.” The freedom of individuals from compulsion or coercion never was, and is not now, the... by Thomas Sowell | Sep 30, 2008 | POLITICS
Congress is never more ridiculous than when it tries to look like it is serious. In the midst of a major national financial crisis, what was one of the first things Congress zeroed in on? The pay of Chief Executive Officers of financial institutions. If all those CEOs... by John David Lewis | Sep 30, 2008 | POLITICS
Dear Members of Congress: On September 16 [2008] I sent a letter to my congressman, and to other senior US government officials, that consisted of three sentences: “I oppose all bailouts of financial institutions by the US government. Government...
