All The Circle Bastiat
Was Lincoln's quote about government hypocritical?Toward the end of his State of the Union speech, President Obama quoted Abraham Lincoln: "government should do for people only what they cannot do better by themselves, and no more.鈥� But Lincoln was among history's most aggressive expanders of the reach of the federal government.
What C.S. Lewis can teach us about US politicsIn recent years, electoral politics has turned into an even more intense mud-pit of attacks and finger pointing about every conceivable issue. In "The Screwtape Letters," C.S. Lewis almost perfectly describes the state of US politics.
Price fixing occurs naturally, study showsPrice fixing often occurs as a reaction to the natural swing of the buyers' market, rather than as the result of conspiracy.
How regulators caused the bank meltdownConventional wisdom says that the economic meltdown happened because of lax regulations on the nation's largest banks. It may be just the opposite.
Strategic foreclosure: Why people are ditching their mortgages聽More and more, indebted homeowners are deciding to walk away from their mortgages, instead of facing forced foreclosure. Who will pay the discarded debt?
The week's biggest financial newsThe Fed defends the housing bubble, Fannie Mae's CEO resigns, and Obama wants to convert foreclosed properties into rentals
Serious debt problems will continue, experts sayOver the past 10 to 15 years, total debt outstanding in the US has grown as a much faster pace than population, and little has been done to deal with the debt in spite of widespread unemployment, flat personal income, and declining collateral values.
What makes democracy work? Ignorance.Collective ignorance is essential to the democratic process because it keeps extremists from dominating politics
Ron Paul: 'We are all Austrians now.'What does Ron Paul mean when he evokes Austrian economic theory?
The last months of MF GlobalThe company cut back on paper and instituted other cost-cutting initiatives, but its problems were bigger than that.
Is frankincense doomed?Trees that produce the substance are in serious decline due to over-harvesting聽 and other environmental factors.
