by George Reisman | Oct 21, 2008 | Economics
The news media are in the process of creating a great new historical myth. This is the myth that our present financial crisis is the result of economic freedom and laissez-faire capitalism.
by Joseph Bast | Oct 21, 2008 | POLITICS
The front page of today’s Wall Street Journal carries a story titled “At Moment of Truth, U.S. Forced Big Bankers to Blink.” In the quarter-century I’ve been reading the Journal, I’ve never read a news story that was more disturbing. The...
by Thomas Sowell | Oct 20, 2008 | POLITICS
Telling a friend that the love of his life is a phony and dangerous is not likely to get him to change his mind. But it may cost you a friend. It is much the same story with true believers in Barack Obama. They have made up their minds and not only don’t want to...
by Ludwig Von Mises | Oct 17, 2008 | Economics, Money & Banking, POLITICS
Many socialist authors emphasize that the recurrence of economic crises and business depressions is a phenomenon inherent in the capitalist mode of production. On the other hand, they say, a socialist system is safe against this evil. As has already become obvious and...
by Ludwig Von Mises | Oct 16, 2008 | Economics, POLITICS
Given the state of affairs created by the U.S. Central Banking system this classic on Free Banking and the Gold Standard by Ludwig von Mises (1881-1973) is all the more relevant today . Excerpted from his book “Human Action: A Treatise on Economics”...
by Ari Armstrong | Oct 15, 2008 | POLITICS
Colorado is known for its Western values of independence and economic liberty. So why do Republicans, the supposed champions of those values, keep getting trounced? Republicans can blame wealthy Democratic donors, but in large part Republicans have beaten themselves...
by Walter Williams | Oct 14, 2008 | POLITICS
The Federalist Papers, written by James Madison, John Jay and Alexander Hamilton, is the document most frequently referred to when trying to get a feel for the original intent of the framers of the Constitution. One such intention is found in Federalist 56 where...
by Thomas Sowell | Oct 14, 2008 | POLITICS
One of the oldest phenomena of American elections– criticism of one’s opponent– has in recent times been stigmatized by much of the media as “negative advertising.” Is this because the criticism has gotten more vicious or more personal?...
by William B. Conerly | Oct 9, 2008 | Housing, POLITICS, Regulation
Did lack of regulation create the subprime mortgage crisis? I am asked this all the time. The short answer: Of course not. Nowhere close. Not a chance. Here is the long answer. What regulations have we had? The mortgage originator (your local bank or mortgage broker)...
