Florida Senator Bill Nelson is seizing on the BP oil spill as an excuse to pass federal “price gouging” legislation. It’s certainly nothing new to see anti-market politicians stirring up populist rage with these so-called “price gouging”…
Daily Analysis
A Video Attacking Me, and I completely Agree with the Message
I’m used to being attacked, but usually by statists. In a man-bites-dog development, here’s a 12-1/2-minute video dedicated to the proposition that I was hopelessly squishy in my Rahn Curve video. What makes this situation rather ironic is that I agree with the guy…
Maybe the French Aren’t So Bad After All
I like poking fun at French politicians for being hopeless statists, and I always assumed that French voters shared their collectivist sympathies. But according to new polling data reported by the Financial Times, there may be a Tea Party revolt brewing in France….
Video Explains that Repealing Obamacare Should Be the First of Many Reforms to Restore Free Markets to Health Care
Eline van den Broek probably is not happy today since she was in South Africa watching her team lose a high-scoring battle with Spain, but she should be very proud of the new video she narrated that urges the repeal of Obamacare – and also points out some of the other…
Obama and the “S” Word
According to a new poll from a Democratic firm, an astounding 55 percent of people think “socialist” is a term that describes Obama. Here’s a blurb from a National Review post. Deep in the poll, they ask, “Now, I am going to read you a list of words…
Why the So-Called Financial Reform Bill Is the Status-Quo Bailout Bill
Nicole Gelinas has been one of the most astute observers of how government has screwed up the financial system and her column in the Washington Examiner is an excellent summary of why the Dodd-Frank bill is a step in the wrong direction. For 25 years, Washington has…
Obama Is Repeating Roosevelt’s Other Mistakes
Much of the economic debate in Washington revolves around the silly Keynesian notion that politicians can stimulate an economy by borrowing money from the private sector and using the funds to make government bigger. That didn’t work for Hoover and Roosevelt during…
Greetings from Las Vegas
I’m out in Sin City for the annual FreedomFest conference, where I moderated a debate earlier today on whether consumer spending or investment spending was the key to economic growth. As you can imagine, it was horribly painful for me to keep from injecting my two…
Great Moments in Government Waste
Politicians often talk about the supposed value of federally-funded research and development, which sometimes sounds like a good idea to people unfamiliar with the incompetence, inefficiency, red tape, and bureaucracy of even well-intentioned programs. But it turns…
Political Humor and Government Bureaucracy
Once upon a time the government had a vast scrap yard in the middle of a desert. Congress said, “Someone may steal from it at night.” So they created a night watchman position and hired a person for the job. Then Congress said, “How does the watchman do his job…