Taxes & Economy
Is Greenspan to blame for the financial crisis?
Over at the Cato Institute, there seems to be some disagreement over to what extent Alan Greenspan and the Federal Reserve contributed to the present financial “crisis”. Some…
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Bush defends Free Market (and Big Government)
In a speech to the Manhattan Institute, President Bush defends the free market. Let me parse what I consider to be the key paragraph: History has…
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Trashing Friedman’s Economics
Crain's Chicago Business speculates that “failure of the free market” and “deregulation” will harm the reputation of the University of Chicago's School of Economics and of any influenced by…
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Capitalism and the Financial Crisis
Walter Williams has a great column on the mortgage meltdown and the free market You can decide whether we have in an unregulated laissez-faire economy. There are 15…
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Blame greed: Has America Been Punked?
South Carolina Governor Mark Sanford mocks the notion that “greed” caused the financial crisis (that might have caused trouble had he been named McCain’s VP choice) and places the…
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Why The Mortgage Crisis Happened
Here is a rather lengthy and detailed history of how government involvement in the mortgage and financial industries in the United States created…
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Did over-regulation cause the financial crisis?
A new AEI publication addresses the myth that deregulation cause the financial crisis, but also notes that additional regulations by central planners did contribute to the crisis:…
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The Age of Prosperity Is Over
Art Laffer in today’s Wall Street Journal on how the bailout mentality is bad news for our economy: Whenever the government bails someone out of trouble, they always…
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Beyond the Bailout
The National Taxpayers Union (NTU) and Competitive Enterprise Institute (CEI) have a new website: BeyondBailouts.org. The site is dedicated to exposing the government’s role in creating…
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