It is disheartening to contemplate the place from which the United States began and where it has arrived at. The nation itself is reeling from a Great Recession and continued joblessness. Meanwhile, legislators across the country and especially in Washington DC continue to elaborate on the failed system of regulatory [...]

From Seeking Solutions in an Uncertain World, Todd Harrison writes: The thematic reasoning is straight out of an Ayn Rand novel: “I can’t compete and when I do, the rules of engagement change in the middle of the game. I’ll let the powers that be vanquish themselves and return in [...]

From the Hoover Institute, an interview with Dr. Thomas Sowell. Recorded on December 11, 2009 Thomas Sowell discusses his new book Intellectuals and Society with guest Thomas Sowell interviewed by Peter M. Robinson Thomas Sowell introduces his new book Intellectuals and Society and expounds on what he calls “the fatal misstep of intellectuals” [...]

I don’t present this as the greatest speech of Reagan’s career, only a good one; one that is relevant for our times. The mindset that the country faces today is not unique. Reagan warned about it 46 years ago! The Greatest Speech Of Ronald Reagan’s Career (1964 VIDEO) How Did [...]

From Peter Boockvar: … policy makers think we should raise the cost of goods and services in order to cure a lack of demand. The law of supply and demand says lower demand must be met by lower prices in order to get to the proper equilibrium. What the Fed [...]

I recommend highly an interview by Daily Bell with Dr. Walter Williams. The interview conveys what Dr. Williams is about and what America is supposed to be about. Very worthwhile and he is a breath of fresh air and sense. Daily Bell described Williams thusly: Yes, throughout his career Dr. [...]

As Friedrich Hayek, shown to the left with President Reagan, pointed out in many articles and books, Keynesian economics cannot work and never worked. Below is a particularly pertinent quote regarding how things have been made worse by government stimulus efforts. Keynesian fail – manipulating “aggregate demand” does not equalibrate [...]

Today’s wisdom from an assorted set of leaders. View here.

This article by Thomas Sowell should be read aloud before every college Commencement. The content of this piece might then be compared with the tripe and balderdash that are delivered in the official program. It might be the closest thing to an education received by many of these college graduates. [...]

Why did we ever leave the simple era of common sense? JackWebb&Obama More Supporters DissatisfiedEggs vs. IdiotsAre Your IRAs about to be tapped?

Amazing research results contradict what we all thought —  NOT! Big Surprise: Harvard Study Shows Government Spending Hurts Business by Julie Borowski Harvard Business School recently released a no-brainer report that found a negative correlation exists between government spending and the success of businesses. In addition, their research shows that if [...]

Why the Left Ignores the Call for a Second Holocaust is an interesting read that goes beyond the Left and the Holocaust, providing lessons perhaps for our near-term future: … the West certainly is like ancient Rome. If you want to call us an “empire,” fine. But remember why the [...]

“Three hundred years ago, a substantial part of the population in the Americas was comprised of slaves. One hundred percent of the fruits of their labor were the property of their owners. Today, we are no longer slaves. However, about 40 to 50 percent of the product of your efforts [...]

The entire global banking system is insolvent. Talk of well capitalized banks at a national level is a joke. The only pertinent question is “What order do various countries implode?” From Shock and Awe, EU’s $146 Billion Bet to Avoid Contagion; Market Says “So What?” by Mish. A View of the [...]

Tom Sowell is a renowned economist. He is also one of the pre-eminent social critics of our time. His common sense approach to the issues of our time make him an important, must-read. The Thomas Sowell Archives at Jewish World Review go back to 1998. For all fans of his [...]

The wisdom of our ancestors never ceases to amaze me and all others that take the time to read their views on issues. Long before our current issues became problems, they warned about them. Indeed, our Constitution was written in a way that many of our current problems could not [...]

This post is a repeat from several months ago. I post it again because of its value for those that have not watched it. For anyone concerned with liberty, it should not be missed. I am not sure when the interview took place, but would guess 30 to 50 years ago. [...]

Milton Friedman on dangers of allowing the Federal Reserve so much power: “The power to determine the quantity of money… is too important, too pervasive, to be exercised by a few people, however public-spirited, if there is any feasible alternative. There is no need for such arbitrary power… Any system [...]

Mark W. Hendrickson wrote a piece on Keynesian Economics in American Thinker today. It is an excellent read for fans or opponents of Keynes. Even better for those who want to learn, or refresh, some economics. In the piece he discusses the following four topics: 1) Thralldom to the Keynesian [...]

Image via Wikipedia As an economist, I am frequently asked about the economics of Marx. I generally nod approvingly, which usually pleases or perplexes the inquirer. It is only after some discussion does it become apparent that I am talking about Groucho Marx and not Karl Marx. Groucho Marx was [...]

More of Friedman at the Mayo Clinic. While dealing with healthcare, the lessons apply to government in general. [youtube]http://www.youtube.com/watch?v=TdcaLReCG3Y[/youtube] Obamacare on Life Support“God’s Work” Not Immune from EconomicsWitch Doctor Economics

Image via Wikipedia Image via Wikipedia Milton Friedman on Socialized Medicine. From a talk given at the Mayo Clinic in 1978. Although over 30 years old and focused on the medical industry, there are lessons here beyond the obvious. The semi-alert and above will recognize the process as a general [...]

The irrepressible Milton Friedman speaking about tariffs. Common sense for more than 200 years that periodically needs repeating. As the political class discusses jobs and their creation, watch for free trade to come under attack. Send your representative this short video. [youtube]http://www.youtube.com/watch?v=j0pl_FXt0eM[/youtube]