Economics

No one, in my opinion, can distill economic theory for the layperson better than the late Henry Hazlitt. In this article, Econ professor Scott Kjar channels Hazlitt and shatters ... Keep Reading

In this WSJ article, Kimberley Strassell expresses some (ahem) skepticism about Obama's campaign promises."And now, America, we introduce the Great Obama! The world's most ... Keep Reading

Consider the following: 1. One man - with the help of a few government wizards - controls interest rates for everybody. Why is this so? It causes easy money and boom/bust cycles ... Keep Reading

This ball is in the parking lot. ... Keep Reading

Robert Higgs has this scathing run-down of the recently passed bailout bill. A taste:"Sure enough, in the days after the bill’s initial defeat, its managers took the ... Keep Reading

A must read article by Stanley Kurtz in the NRO today outlining the connections between ACORN, Congressional Democrats, Obama, Clinton and the housing mess it all created. It's ... Keep Reading

Unsurprisingly, I agree with Professor Boudreaux who writes: "Greed" certainly can be unleashed to do harm, but it can also be harnessed to do good.  Any compelling ... Keep Reading

Again, while I wasn't for the bailout, this piece makes some really good points. This author argues it's more of a 'transfusion' -- designed to resuscitate an economy destroyed by ... Keep Reading

Prof. Steven Horwitz of St. Lawrence University has this excellent letter directed to those on the left firmly gripping their blinders and continuing to insist that the current ... Keep Reading

For those struggling to understand the origins of the current financial mess, two articles by Thomas Sowell and Howard Husock can provide much help. Last week in his weekly column, ... Keep Reading