Showing posts with label market. Show all posts
Showing posts with label market. Show all posts

Kenneth Gould: The High Cost Of College

An economic explanation. Despite good intentions, government has reduced price competition; as a result, prices have risen much faster than they otherwise would. Many news articles are starting to note that middle and upper-middle class parents are having trouble paying for their children’s college educations. Most of these articles see this  ... MORE

Randazzo & Stansel: The Upper-Class Entitlement

It's time to end the mortgage interest deduction. The federal income tax code is full of complicated deductions, credits, and loopholes, which together exempted $1.2 trillion from taxation in 2009. The single largest benefit, amounting to around 35 percent of the total, is the mortgage interest deduction. This longstanding incentive, which allows individual ... MORE

VIDEO: Milton Friedman - Market Failure


Market failure is bad, government failure is worse.

Todd Myers: Feel-Good Policies Replace Science

Eco-Fads take center stage. The photo takes more than a full page of the magazine and it is stark. It shows acre upon acre of decaying tree stumps, a barren area where a mighty forest once stood. Only a small patch of trees remains, sitting on a mound of dirt. The caption underneath the photo reads “Clear-cut land in Washington.” Published in 2002 by the magazine ... MORE

Import Brazil's Oil Policy, Not Brazil's Oil

In 1980, Brazil imported 77 percent of its oil.  Now, it imports 0.0 percent. During that same period, America increased its oil imports from roughly 30 percent to 70 percent.  If Brazil can become completely self-sufficient in oil, why can't America start becoming more self-sufficient? Brazil is one of the BRICs, an acronym that refers to the nations of Brazil, Russia, India and China, the rising powers. The BRIC have been ... MORE

Capitalism Embraced Everywhere But Here

by Maxwell Strachan. Nearly three years after the financial system first came perilously close to collapse, American support for an unregulated free market appears to have cratered. A new report by GlobeScan, an international opinion research consultancy, suggests that the number of Americans who believe in the strength of the free market economy dropped markedly last year. In fact, according to the  ... MORE