The case against economic protectionism. One sign of economic ignorance is the faith that "Buy American" is the path to prosperity. My former employer, ABC News, did a week's worth of stories claiming that "buying American" would put Americans back to work. I'm glad I don't work there anymore."Buy American" is a dumb idea. It would not only not create ... MOREJohn Stossel: The Stupidity Of "Buy American"
The case against economic protectionism. One sign of economic ignorance is the faith that "Buy American" is the path to prosperity. My former employer, ABC News, did a week's worth of stories claiming that "buying American" would put Americans back to work. I'm glad I don't work there anymore."Buy American" is a dumb idea. It would not only not create ... MOREVideo: Cain Mutiny Comes As Poll Numbers Rise
Media quick to deploy allegations to wound politically incorrect candidate.
Andrew Napolitano: Buying Fascism With Your Tax Dollars
Look what the government has done with your money! The federal government has lost another 72 million of your tax dollars. Here we go again. The feds have gambled with your money again, and they've lost it again; this time with a company called Beacon Power. You've probably never heard of this company. Candidly, before the announcement of its ... MOREJonah Goldberg: Why We Need Not Envy China
Up to 40 million Chinese people still live in caves. That's more than the populations of Texas and Illinois, combined. In fairness, a fraction of these caves are apparently pretty nice, complete with electricity and well-compacted dirt floors. But that's grading on a curve because, well, they're still caves. Meanwhile, 21 million Chinese live below what the Communist ... MOREJames Lewis: Cain Versus The Lynch Mob
Liberals can't help but give themselves away. Hi Tech Lynching is here again! Shades of Justice Clarence Thomas and Anita Hill. Well, let 'em try, but now they are facing a revived conservative media. This is a trial of strength. When Clarence Thomas was nominated to the Supreme Court he had few defenders. Today we have talk radio and the blogs. As a morality play ... MOREWalter E Williams: Democracy Is Impossible
Rule of law and property rights are the key. After Moammar Gadhafi's downfall as Libya's tyrannical ruler, politicians and "experts" in the U.S. and elsewhere, including French Foreign Minister Alain Juppe, are saying that his death marked the end of 42 years of tyranny and the beginning of democracy in Libya. Sen. Chris Coons, D-Del., said Gadhafi's death represented an opportunity for Libya to make a peaceful and responsible transition ... MOREThomas Sowell: Payday Loans
Borrowers trapped into never-ending cycle of debt? California is a great place for studying the thinking -- or lack of thinking -- on the political left. The mindset of the left was recently displayed in a big, front-page story in the October 30th issue of the San Mateo County Times. It was an investigative reporter's expose of the "payday loan" business and its lobbyists. ... MOREHousing Crisis Caused By Government, Not Bankers
Smoking-gun document ties policy to housing crisis. President Obama says the Occupy Wall Street protests show a "broad-based frustration" among Americans with the financial sector, which continues to kick against regulatory reforms three years after the financial crisis. "You're seeing some of the same folks who acted irresponsibly trying to fight efforts to crack ... MOREVIDEO: Economic Blue Smoke & Mirrors? You Decide.
Pinning down economist Jared Bernstein is like trying to grab an oiled pig.
Interviewer Jan Helfeld shows how it can be done.
Shikha Dalmia: Don't Mind The Gap
What matters is income mobility, not income inequality. I hate to be the bearer of good news just as the Occupy Wall Street movement is gathering steam, but protesters can stop worrying about rising inequality and go home. New evidence suggests that the super-rich got hit by the recession much harder than the rest of the 99 percent. This doesn’t mean that they ... MORE BLOOMBERG: More Tax Money Wasted On Green Energy
Another taxpayer-backed company goes bankrupt. Beacon Power Corp., an energy- storage company that received $43 million in backing from the U.S. program that supported failed solar-panel maker Solyndra LLC, filed for bankruptcy after struggling to raise private financing. The money-losing company, which makes flywheels that manage energy moving through ... MORE
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