Monday, January 5, 2009

Posts Tagged with 'regulation'

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Green Comes Clean

The global warming alarmist in chief has unveiled the environmentalists' real objective. And no, protecting the planet is not their top concern. In a letter addressed to President-elect Obama and his wife, Michelle, James Hansen, head of NASA's Goddard Institute for Space Studies, makes an appeal for a carbon tax, ...

Saturday, January 3, 2009
in categories: Commentary

“You should want what I want”

The truth is we all have different wants and needs based on our situation in life and our personal preferences and that it is impossible for government decision makers to know these. An ideology that truly respects diversity would be in favor of free markets where diverse people can have ...

Saturday, January 3, 2009
in categories: Commentary

Milton Friedman: Morality and Capitalism

[youtube]http://www.youtube.com/watch?v=-_gU50mfehI#t=0m18s[/youtube] Milton Friedman responds to questions of morality and principle regarding capitalism

Saturday, January 3, 2009
in categories: Video

The Health Care Bailout of 2018

When Obama's proposed national system inevitably collapses under the weight of market inefficiency and bureaucratic overhead, this will merely pave the way to fully socialized single-payer health care. Health care spending now comprises one-sixth of the U.S. economy. Forcing taxpayers to pay for everyone's medical expenses would make the $700 ...

Monday, December 1, 2008
in categories: Commentary

Stop Covering Up And Kill The CRA

The Community Reinvestment Act is to blame for the financial crisis, but it so powerfully serves Democrats' interests that they'll do anything to protect it — including revising history. The CRA should be abolished, along with the government-sponsored enterprises that fueled the secondary market for subprimes.

Monday, December 1, 2008
in categories: Commentary

Free Trade versus Protectionism

How much sense does it make for Congress to retaliate against Japan by imposing restrictions on their products thereby forcing American consumers, say Lexus buyers, to pay higher prices? Should our rule be: If one country screws its citizens we should retaliate by screwing our citizens?

Wednesday, November 26, 2008
in categories: Commentary

Why I Choose Low-Quality Healthcare

Similar to entrepreneurial profit and loss in a free market, each medical procedure has the potential to provide benefits as well as lead to complications. In decisions involving health and business, true freedom only occurs when the owner of the decision is the respective property owner — the patient or ...

Thursday, November 20, 2008
in categories: Commentary

Corporations versus the Market

It is no surprise, then, that throughout U.S. history corporations have been overwhelmingly hostile to the free market. Indeed, most of the existing regulatory apparatus—including those regulations widely misperceived as restraints on corporate power—were vigorously supported, lobbied for, and in some cases even drafted by the corporate elite.

Friday, November 14, 2008
in categories: Essays

An Open Letter to my Friends on the Left

What I ask of you my friends on the left is to not only continue to work with us to oppose this or any similar bailout, but to consider carefully whether you really want to entrust the same entity who is the predominant cause of this crisis with the power ...

Sunday, November 9, 2008
in categories: Commentary, Featured

Beware of Coercive Utopians and Quack Capitalists

Common among coercive utopians is a belief that individuals heading government agencies are somehow less self-interested than their private sector counterparts. But human nature doesn’t change just because one works in the public rather than private sector.

Thursday, November 6, 2008
in categories: Commentary

Capitalism and the Financial Crisis

It is incorrect to say that laissez-faire or free markets are unregulated. There is ruthless regulation, but it's not by government. Take the mortgage industry. In the absence of government interference, it is unlikely that a lender would extend a mortgage to a person with a poor credit history, making ...

Wednesday, November 5, 2008
in categories: Commentary

The Myth that Laissez Faire Is Responsible for Our Financial Crisis

The myth that laissez faire exists in the present-day United States and is responsible for our current economic crisis is promulgated by people who know practically nothing whatever of sound, rational economic theory or the actual nature of laissez-faire capitalism. They espouse it despite, or rather because of, their education ...

Wednesday, November 5, 2008
in categories: Essays

Fleeting Freedom: The Indecent Assault on Broadcasters

What this argument ignores is that broadcasters’ power is not arbitrary. They must earn their market by offering programming Americans choose to consume. We choose to buy a TV (or not). We choose to pay for cable (or not). We choose which channels we and our children watch. Broadcasters can’t ...

Sunday, November 2, 2008
in categories: Commentary

Killing talk radio

But the most preposterous element of CAP’s regulatory agenda was the requirement that commercial radio owners “who fail to abide by enforceable public interest obligations” (whatever that means) would have to pay a penalty fee to public broadcasting. Thus not only would radio operators— struggling already against many new media ...

Saturday, November 1, 2008
in categories: Commentary

Why The Mortgage Crisis Happened - A Historical Timeline

Confident the American people are primed for his brand of "change," Obama maintained his anti-capitalist theme. Contrary to the Obama narrative, however, free-market capitalism is not at the root of the current mortgage industry crisis, but rather the very socialism he hawks. The historical record makes this fact unmistakably clear.

Saturday, November 1, 2008
in categories: Essays