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Archive for November, 2009
Climate Conspiracy: U.K., U.S. “ClimateGates”

My friends at NAS.org have posted on the “Climate Conspiracy” that broke when hackers revealed global warming scientists had apparently manipulated data, organized attacks on skeptics, and much more. Surprise, surprise. The timing couldn’t be worse for those who would cripple economies with the plaintive cry: “Do as we say or we all die!”…
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America’s Growing Black Market: Freedom in Action

The Christian Science Monitor has a neat little piece on America’s burgeoning shadow economy: Perhaps the biggest surprise about America’s shadow economy is its size. Long associated with colorful street hawkers in the developing world, the shadow economy makes up a larger portion of the economies of countries like Greece (25 percent) or Mozambique…
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Government Responds to Economic Woes by Making More Bad Mortgage Loans

Since the summer of 2008, the U.S. Treasury and the Fed have initiated a welter of new spending, lending, and subsidizing programs ostensibly aimed at stemming the recession that began early in that year and deepened quickly in its last quarter and in the first quarter of 2009. Among the most notable of these…
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State Opposition to Federal Healthcare Reform

I’ve wondered why state governors and legislators haven’t been more vocal opponents of the healthcare reforms being drawn up in Washington.  All these proposals would put huge financial burdens on the states. I haven’t seen much in the news until this article appeared, reporting that two Florida state senators are proposing that the state…
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Memo to Bankrupt Cities: Try Competition

As cities across the country face growing deficits, instead of their current strategy of raising taxes and cutting services, they might like to take a look at a few case study examples of how those before them solved their challenges. As an example, ten years ago we hosted the then-mayors of Indianapolis, Stephen Goldsmith,…
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Broken-Window Alert

How many jobs has the “stimulus” package created? Sensible economists of course know this question cannot possibly be answered. Government spending directs resources toward politically favored projects at the expense of others, but the net effect on resource allocation, including the net effect on “jobs” — a heterogeneous category that depends on hours worked,…
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Observations on Obamacare

In Newsweek, November 16, 2009, p. 20, Fareed Zakaria says, “There are two general health-care crises in America — one involving coverage and the other cost.  The Obama plan appears likely to tackle the first but not the second.  This is bad economics but also bad politics: the crisis of cost affects 85 percent…
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Conservatives for Due Process

Bob Barr, David Keene and Grover Norquist have called for civilian trials of terror suspects, and urged that the “scaremongering about these issues has to stop.” There are problems with civilian trials, of course. Many detainees were freed by Bush’s extralegal system who would have likely been convicted and be sitting in prison right…
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It’s High Time to Take Back Our Schools

A few weeks ago a 16 year old high school girl was gang-raped for a period of over two hours in a poorly-lit courtyard on the campus of her high school during the homecoming dance. While there have been outpourings of horror, sympathy for the victim, funds raised for her future, etc., I’ve seen…
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Random Sightings on a Walk through My Notebook

“That government is best which governs not at all,” Said Henry David Thoreau, But what did he know? _______________________________________________ “Liberty:  not the daughter but the mother of order,” Declared Pierre-Joseph Proudhon, And then he passed on. _______________________________________________ “When the government is too intrusive, people lose their spirit,” Noted Lao-tzu, As I would, too. _______________________________________________…
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