Thomas Sowell: Debt-Ceiling Chicken

Thinking about the long haul. The big news, as far as the media are concerned, is the political game of debt-ceiling chicken that is being played by Democrats and Republicans in Washington. But, however much the media are focused on what is happening inside the Beltway, there is a whole country outside the Beltway -- and the time is long overdue to start thinking ... MORE

VIDEO: The Philosophy of Liberty - Property


Who owns you?

Ira Stoll: Five Facts About the Debt

Setting the economic record straight. Five under-appreciated points about the federal budget and debt ceiling:  1. Whenever I need to get my bearings in the debate over the debt, the deficit, or the debt ceiling, I go to the web site of the White House Office of Management and Budget and download historical table 1.3. The story it tells, in very round numbers ... MORE