Another tale of executive power and the damage done. Remember "TARP," "Too Big to Fail," "Government Motors," "pay czar," the buzzwords of the Bush-Obama era? They reflected a disturbing trend toward presidential interference in economic life. Forty years ago this week, President Richard Nixon showed us just how dangerous unchecked executive power can ... MOREGene Healy: Nixon's Wage And Price Controls
Another tale of executive power and the damage done. Remember "TARP," "Too Big to Fail," "Government Motors," "pay czar," the buzzwords of the Bush-Obama era? They reflected a disturbing trend toward presidential interference in economic life. Forty years ago this week, President Richard Nixon showed us just how dangerous unchecked executive power can ... MOREJames Valliant: Ayn Rand's Critics
Ayn Rand is hot right now. Sizzling hot. As government grows more intrusive, and our freedom shrinks, her novels, The Fountainhead and Atlas Shrugged, are selling at an unprecedented clip. Given today’s headlines, it is easy to see why. Less easy to understand is the remarkable level of ignorance about Rand’s philosophy, Objectivism. Can anyone doubt the truth of ... MOREThomas Sowell: Social Degeneration, Part One
Walter E Williams: Ominous Parallels
Repeating the folly of the past. People are beginning to compare Barack Obama's administration to the failed administration of Jimmy Carter, but a better comparison is to the Roosevelt administration of the 1930s and '40s. Let's look at it with the help of a publication from the Mackinac Center for Public Policy and the Foundation for Economic Education titled "Great Myths of the ... MORERon Ross: Why President Obama Is Painful To Watch
A political trip to the dentist. If someone looked at your face while watching President Obama make a speech or hold a press conference, I'll bet it would reflect pain and discomfort. Your facial expression might be described as a grimace. There are a number of reasons for that kind of reaction. It might not even matter whether you are liberal or conservative. There is much ... MORE
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