via: wichitaliberty.org Common Sense Economics: What Everyone Should Know About Wealth and Prosperity James D. Gwartney, Richard L. Stroup, and Dwight R. Lee St. Martin’s Press, 2005 This is a wonderful book that can teach anyone what is important to know about economics. It teaches the insights that people can use to understand and evaluate [...]
Archive for January, 2011
18 Jan
Hazlitt’s ‘Economics in One Lesson’ explains today’s economics
via: wichitaliberty.org Economics In One Lesson Henry Hazlitt Economics In One Lesson, first published in 1946 and recently reissued by the Ludwig von Mises Institute, explains fallacies (false or mistaken ideas) that are particularly common in the field of economics and public policy. At the very start of the book Hazlitt explains:
18 Jan
Supply-side economics, not taxes, cure for recession, audience told
via: wichitaliberty.org Sound money and income tax cuts — the elements of supply-side economics — have produced economic growth in America, according to Dr. Brian Domitrovic of Sam Houston State University. When our country imposes inflationary loose money policies and high income taxes, economic growth suffers, as in the period from 1973 to 1982. Unfortunately, [...]
18 Jan
Reality Check: Repeal of Obamacare Would Not Increase the Deficit
via: heritage.org As the new Congress settles in, the House of Representatives prepares to vote on January 12 on a measure to repeal Obamacare. Proponents of the health care law claim that repeal would increase the federal deficit and that a vote to kill Obamacare without offsetting the “cost” is hypocritical. This couldn’t be more [...]
18 Jan
New Congress Begins Fight to Repeal Obamacare and Get Health Care Reform Right
via: heritage.org As the 112th Congress begins, the new majority in the House of Representatives has already unveiled plans to repeal Obamacare and start over with health care reform. Obamacare moves the United States health care system in the wrong direction, and to get reform right, Congress should start by repealing this onerous piece of [...]
18 Jan
A New Year and a New Direction for Health Care Reform
via: heritage.org The Patient Protection and Affordable Care Act became the law of the land in 2010, but debate over its existence and implementation will rage on in the New Year. The law’s serious policy flaws are already impacting health insurance and costs, but these are part of a deeper and broader issue: the proper [...]
18 Jan
Take CBO Report With a Grain of Salt: Obamacare Repeal Would Not Increase Deficits
via: heritage.org Next week, the House of Representatives will vote on H.R. 2, a measure to repeal Obamacare in its entirety. The Congressional Budget Office (CBO) today released a report stating that repealing the health care law would increase the deficit by $145 billion between 2012 and 2019. This report is based on the findings [...]
18 Jan
Economic Freedom Is Foundation Of All Other Freedoms
via: heritage.org January 17 was the 50th anniversary of President Dwight Eisenhower’s farewell address. The speech is most commonly remembered for President Eisenhower’s warning about the “unwarranted influence” of the “military-industrial complex,” but often left out of the story is Ike’s warning about profligate federal spending as well: “We cannot mortgage the material assets of [...]
18 Jan
Students First: Michelle Rhee Releases Agenda for National Education Reform
via: heritage.org Treating teachers like professionals, giving parents school choice, and using education dollars wisely: these three priorities frame the agenda of Students First, the newly established nonprofit headed by former D.C. Schools Chancellor Michelle Rhee. The plan, released Tuesday on StudentsFirst.org and outlined by Rhee in The Wall Street Journal and an on Fox [...]
18 Jan
Frederick Douglass’s Irrepressible Faith in America
via: heritage.org As we celebrate Martin Luther King Day, it is fitting to reflect upon the tortured experience of blacks in this country. Looking back upon four centuries of African-American history two things are undeniably clear: for the greatest part of America’s history, blacks were grossly mistreated and the country has come a long, long [...]
