In his testimony last week before the House Oversight Committee my Cato friend and tax policy expert Chris Edwards shed some light on the wasteful spending on aid-to-state programs by the federal government. Chris points out that the federal government spent $560 billion on aid to the states in 2013—the third largest federal budget item […]
Cost $1,300 Per American
Hong Kong’s Version of Unemployment Reform
Unemployment reform that benefits getting back to work makes sense to me. Hong Kong is taking that approach. It’s not a perfect solution that’s being offered by leftist Chief Executive Leung Chun-ying. But it’s better than what we’ve got in the U.S. The Wall Street Journal Asia Review and Outlook writes: Chief Executive Leung Chun-ying […]
Hong Kong #1
Once again Hong Kong proves it is an economic powerhouse with a #1 ranking in the 2014 Index of Economic Freedom. The index, released by The Heritage Foundation and The Wall Street Journal shows the U.S. has dropped out of the top ten. Where’s the outrage? Terry Miller of Heritage writes in the WSJ: It’s […]
Tiny Bubbles
Imagine outgoing Chairman Ben Bernanke joyfully wrapping things up at the Fed while humming “tiny bubbles make me feel happy” from Don Ho’s song Tiny Bubbles. Creating bubbles seems to be a job requirement for a Fed Chair. The Fed is putting on an air of solidarity for incoming Chair Janet Yellen. The broad show […]
Detroit: Hong Kong U.S.A.
If Detroit were given the tools it needs to re-build it could be the next Hong Kong. Here Senior Cato Fellow lays it out for you. Detroit is beautiful—though you probably have to be a child of the industrial Midwest, like me, to see it. As you may have heard, the city is in trouble. […]
Scott Walker Leading the Way
Being forced to join a union as a condition of employment is wrong. But forced union dues is the bread and butter of public sector union leaders. For proof that workers value their freedom to choose look no further than Wisconsin. Gov. Scott Walker has given public sector workers the freedom to choose whether or […]
Common Sense from George Gilder
George Gilder, technology writer and expert on entrepreneurship, discusses with Peter Robinson how wealth is essentially knowledge. If you don’t have time to watch the full interview skip to the last ten minutes which I found most rewarding.
Blameless Bernanke
As Ben Bernanke prepares for life after the Fed one thing we learned from his predecessor Alan Greenspan is that they live in a different world than you and me. As Cato’s Chris Edwards points out, Mr. Bernanke’s easy money reasoning doesn’t quite match reality. In a speech on Friday, outgoing Fed Chairman Ben Bernanke defended […]
Calling the Crash of ‘29
If you look at a enough charts it’s not hard to draw historical comparisons to fit your frame of mind. After reading an article comparing this market to 1928-29 I was reminded of Roger Babson, founder of my alma mater Babson College who correctly called the crash of ’29. His “ten commandments” ring true even […]
- « Previous Page
- 1
- …
- 270
- 271
- 272
- 273
- 274
- …
- 326
- Next Page »