State and Local Pension Plans Underfunded by Half
The latest report from the nonpartisan Center for Retirement Research (CRR) at Boston College was brutal in its assessment of the status of...
Economic Commentary
GAO Finds Rampant Waste in $18B Federal Job-training Program
A new Government Accountability Office (GAO) study, commissioned by Sen. Tom Coburn (Okla.), is...
Gov. Jerry Brown Asks California Voters to Support Tax Hike
California Governor Jerry Brown is calling for higher taxes as lethargic economic growth has...
This Economy Even Confuses the Experts
Two Wall Street economists, Daniel Gross and Gary Shlling, look at the same jobs...
Is America Embracing the 10 Tenets of the Communist Manifesto?
Karl Marx and Friedrich Engels, the purported founders of communism, established in the 19th...
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Transparency and The Fed: Transcripts Belie Rhetoric
Five hundred pages of redactions. Mostly blank pages. That's what the public gets to...
Taxmageddon Looms as Taxpayers Await $500B in Tax Increases
Tax Armageddon, or "Taxmageddon," looms on the horizon, as $500 billion in tax cuts...
Hostess to Unions: No More Sugar for You
When Hostess Brands, maker of Wonder Bread, Twinkies, and Ding Dongs, declared bankruptcy on...
Buffett Rule Foolishness
On Monday, April 16, the U.S. Senate is scheduled to vote on a procedural...
Bernanke Admits Borrowing and Spending Are Disastrous for Economy
Federal Reserve Chairman Ben Bernanke declared this week that too much borrowing and spending...
Our Marxist Tax Code
Tax season is winding down once again, but the progressivity of the tax code...
Justice Department to Sue Apple, Publishers for eBook Price Collusion
When the Justice Department announced in March that it intended to sue Apple and...
Boom and Bust in Stockton, California
When Ann Johnston (left), Mayor of Stockton, California, informed the city council in March...
Fed Is Buying 61 Percent of U.S. Government Debt
In his attempt to explode the myth that there is unlimited demand for U.S....
Speech: Bernanke Fails at Transparency, Rails at Gold Standard
When Federal Reserve Chairman Ben Bernanke donned his professorial cap and addressed 30 undergraduate...
Obama Economic Recovery Still Underwater
For proof that the Obama “recovery” remains unimpressive compared to previous recoveries, Cato Institute...
Is Ryan’s Budget Plan Headed in the Right Direction?
Rep. Paul Ryan (R-Wis.) announced on Tuesday the Republican budget plan to take into...
Encyclopædia Britannica Adjusts to Reality, Stops Printing
Encyclopædia Britannica’s president Jorge Cauz (left) announced on Tuesday that his company would no...
Amendment to End Energy Subsidies Fails in the Senate
Senator Jim DeMint (R-S.C., left) introduced the Energy Freedom & Economic Prosperity Act (EFEPA)...
The Free Market’s “Thank You” System
In an economic transaction, who should be the one saying thank you — the...