Economy
Unemployment Numbers, Regime Uncertainty, and Regulatory Surge
Last Friday’s unemployment numbers, on the surface at least, appeared to reflect a growing, albeit slowly, economy. The number of new unemployment claims...
Fed Didn’t Recognize Housing Crisis in 2006, Transcripts Show
Central banks are often justified on the basis that a complex, modern economy requires top-down management by experts. These people, it is said,...
Read moreRaw Milk Mandates
On the morning of August 3, 2011, armed agents of the U.S. government and the Los Angeles County Sheriff’s Office conducted a raid...
Read moreThe Free Market is Brutal: Kodak Loses; Consumers Win
After 131 years, it appears that Eastman Kodak will be declaring Chapter 11 bankruptcy before the end of the month, according to the...
Read moreEthanol Subsidies Disappear, Mandates Remain
The Washington Post’s editorial celebrating the ending of ethanol subsidies iterated the same free-market positions taken by Rep. Ron Paul (R-Texas) and other...
Read moreNew York Times Continues Free Fall
With the latest announcement of its sale of 16 newspapers, the New York Times continues to sell off assets to stay alive. The sale...
Read moreSenate Raises Bipartisan Objections to New Farm Labor Regulations
Obama’s Labor Secretary, Hilda Solis, has created new regulations for farming safety that would bar children under 16 from much of the work...
Read moreEach Chevy Volt Costs Taxpayers $250,000
The Mackinac Center for Public Policy just released a study showing that by the time all federal and state loans, grants, subsidies, and...
Read moreSan Francisco, First U.S. City to Exceed $10 Minimum Wage
As January ushers in a new year, San Francisco will become the first U.S. city to instate a minimum wage rate of more...
Read moreAmericans $2.4 Trillion Poorer After Q3 — It May Get Worse
Americans are quickly getting poorer as the much-touted economic “recovery” remains elusive. Household wealth plummeted by more than four percent from July to...
Read moreTwo-tier Wage Pacts Bringing Jobs Back to Detroit
Last week’s announcement that the auto industry could add as many as 167,000 jobs by 2015 merely confirmed what some economists were saying:...
Read moreCoercing Cash for Commercials from Commodity Cultivators
If you’ve seen “Little Blue Dynamos” ads urging you to consume blueberries, you probably assumed they were simply the result of blueberry producers...
Read moreFed, National Banks Decide on More Global Inflation
The Federal Reserve Bank and five other central banks across the world cut the "temporary U.S. dollar liquidity swap arrangements" rate for central...
Read moreU.S. Fed Bailout of Euro Prompts New Push for Audit & Sound Money
As central banks around the world unleashed a coordinated deluge of new money to deal with the economic crisis swamping Europe, critics expressed...
Read moreMcDonald’s Finds McEasy Way to Evade San Francisco Happy Meal Ban
Here’s a story that’ll tickle your McRibs. On December 1 a law seemingly banning McDonald’s Happy Meals went into effect in San Francisco....
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