James M. Buchanan, Nobel Prize Winner in Economics, Passes at 93
The passing of scholar James Buchanan stills the voice of one who understood the fact that men, without Constitutional constraints, will vote themselves...
Economic Commentary
Fiscal Cliff Repercussions
Now that President Obama and most of his key congressional allies are safely re-elected...
Latest Move by the Federal Reserve Raises Important Questions
All the chairman of the Federal Reserve has done in his latest announcement of...
More Evidence the Recession Has Started (Again)
Despite his firm defense of his call that the U.S. economy entered into another...
Three Studies of States Show That Freedom Works Best
Each year 24/7 Wall St. publishes the results of its survey of all 50...
Full Employment Not Expected Until After the Next Presidential Election
A Heritage Foundation study has concluded that a full employment recovery from the Great...
California Voters Pass $6-Billion-a-Year Tax Hike
In the wake of the November 6 elections, voters have approved a number of...
Here Come the Taxes: In Every Aspect of our Lives
On January 1, 2013, many new taxes are set to begin. Unless Congress and...
Enough Spent on Welfare in 2011 to Give Every Poor Household Nearly $60,000
According to an October 16 memorandum prepared by the Congressional Research Service (CRS) for...
Economists Say Tax Hikes Will Curb Economic Growth
As the deadline to extend the Bush-era tax cuts looms, economists have agreed that...
Former U.S. Comptroller Says U.S. Faces Fiscal “Abyss”
Former U.S. Comptroller General of the United States David Walker just finished another tour across...
Jack Welch and Others Reaffirm Criticisms of September Jobs Report
U.S. unemployment slid from 8.1 percent to 7.8 percent in September, according to the...
The Fed is Playing With Fire
Waiting for the economy to improve before turning off the printing presses is likely...
Ron Paul, QE3, and Unintended Consequences
One of the prime unintended consequences of the new unlimited QE3 announced by the...
Preview of Census Data Reveals Muted Optimism for the Economy
A preview of the upcoming Census Bureau's upbeat analysis of the economy was met...
Federal Reserve Balance Sheet Set to Explode
When the Federal Reserve announced last week its plan to buy more treasury securities,...
When a Flat Tax Is Still a Progressive Tax
The U.S. tax code is a complex and burdensome maze of rates, exemptions, exclusions,...
QE3: Quantitatively Easing America Further Into Inflation
Everybody knew it was coming. With the economy continuing to founder, it was only...
The Unintended Consequences of Low Interest Rates
Keynesian policies allegedly designed (and sold to the American people) to stimulate the economy...
Gun Sales Spiking Thanks to Obama, “Preppers” — and Even “Zombies”
Increasing gun sales are driving revenues and profits at Smith & Wesson and Sturm,...