by Alex Epstein | Aug 16, 2007 | POLITICS
Democrat and Republican candidates for President are debating one another on nearly every issue–but nearly all are united on one thing: America faces a crisis of “income inequality.” The rich are getting richer, the refrain goes, while the poor and... by Thomas Sowell | Aug 14, 2007 | POLITICS
Two recent tragedies — in Minnesota and in Utah — have held the nation’s attention. The implications of these tragedies also deserve attention. Those politicians who are always itching to raise tax rates have seized upon the neglected infrastructure... by George Reisman | Aug 10, 2007 | Housing
The turmoil in the credit markets now emanating from the collapse of the housing bubble can be understood in the light of the theory of the business cycle developed by Ludwig von Mises and F.A. Hayek.
by John Stossel | Aug 10, 2007 | Healthcare, POLITICS
“On, Wisconsin … run the ball clear down the field!” It’s time to amend the Wisconsin football song so we can cheer on the Badger State’s politicians as they move toward health-care socialism. The Wall Street Journal editorial-page... by Thomas Sowell | Aug 9, 2007 | Housing, POLITICS
Amid all the hand-wringing and finger-pointing as housing markets collapse, mortgage foreclosures skyrocket, and financial markets panic, there is very little attention being paid to the fundamental economic and political decisions that led to this mess. The growth in... by Walter Williams | Aug 8, 2007 | POLITICS
Global warming has become a big-ticket item in the eyes of its supporters. At stake are research funds, jobs and the ability to control lives all over the globe. Most climatologists agree that over the last century, the Earth’s average temperature has risen... by Thomas Sowell | Aug 7, 2007 | POLITICS
It took a collapsing bridge in Minnesota to alert people across the country to the fact that many other bridges in many other places have been allowed to deteriorate without adequate maintenance. If this were just a matter of poor political leadership at various... by Walter Williams | Aug 1, 2007 | POLITICS
Historical costs, sometimes called sunk costs, are irrelevant to decision-making because they are costs that have already been incurred. That’s something that’s not intuitively obvious, even for some trained economists. On a couple of occasions, I’ve... by Walter Williams | Jul 25, 2007 | POLITICS
Sometimes the advocates of socialized medicine claim that health care is too important to be left to the market. That’s why some politicians are calling for us to adopt health care systems such as those in Canada, the United Kingdom and other European nations....