The White House recently released the Economic Report of the President. In a post at the White House blog, Christina Romer brags that the stimulus legislation was a big success. This Act is the great unsung hero of the past year. It has provided a tax cut to 95…
Daily Analysis
Maybe Greece Should Go Bankrupt.
The fiscal crisis in Greece is fascinating political theater, in part because the Balkan nation is a leading indicator for what will probably happen in many other countries. The most puzzling feature of the crisis is the assumption in other European capitals,…
Powerful Evidence for School Choice, Part III.
Here’s another study showing the benefits of comprehensive school choice in a foreign country. Interestingly, the author of the report about the Chilean system clearly is not a fan of competition, yet even his data shows higher scores for private schools and…
Powerful Evidence for School Choice, Part II.
I was vaguely aware the there was a school choice system in the Netherlands, but I had no idea how good it was. Nearly three-fourths of all schools are privately controlled. Not surprisingly, the Dutch score very highly compared to other nations. Here’s some of…
Is This One of the Federal Government Responsibilities Listed in the Constitution?
Maybe I have an outdated copy, but I don’t see college football listed in the enumerated powers of the Congress. And it doesn’t seem to be mentioned in any of the amendments. Yet the busybodies in Washington now want to exert their control over how the…
The Case Against Bernanke.
The Washington establishment rallied behind Ben Bernanke, so the Fed Chairman was confirmed for another term. But this is precisely why he is the wrong man for the job. As the Wall Street Journal opines, Bernanke is guilty of two sins. His track record on monetary…
The Global Warming Shakedown.
When people ask me about global warming, or climate change, or whatever they’re calling it now, I freely admit that I’m not a climatologist and thus have no informed opinion on whether the planet is warming due to human activity (or whether this, on net,…
Replace TSA Incompetence with Market Efficiency.
Arnold Kling and Nick Schulz have a great column in USA Today explaining why we should let private companies be in charge of airline security. As a frequent traveler, I wish this would happen, but governments rarely give up power once they have expanded into a new…
Attacks on Wall Street Hurt American Global Competitiveness.
In a National Review Online article, Kevin Williamson notes that a proposed federal banking tax seems purely inspired by vilification politics, but will none-the-less put American banks at a very real competitive disadvantage in the global market: The new proposed tax…
Omen for Massachusetts?
As reported by the Financial Times, Sebastian Pinera, the brother of Cato’s Jose Pinera, was elected President of Chile this weekend. The press is viewing Pinera’s election through the right-left lens of Latin American politics, but this is a bit…