Daily Archives: November 14, 2012

[E]conomics studies the consequences of the decisions that are made about the land, labor, capital and other resources that go into producing the volume of output which determines a country’s standard of living. — Thomas Sowell, Basic Economics, Third ed., p. 2 My newsletter this week, “They broke it; we bought it,” offered a brief,Continue Reading

Walter Williams devotes his latest column to exposing myths surrounding price gouging. Here’s a which-is-better question for you. Suppose a New Jersey motel room rented for $125 a night prior to Hurricane Sandy’s devastation. When the hurricane hits, a husband, wife and their two youngsters might seek the comfort of renting two adjoining rooms. However,Continue Reading

John Stossel‘s latest column focuses on the impact of last week’s elections for the future of American freedom. While labeling some results positive, he focuses on the mostly negative results. Sadly, President Obama’s swooning fans don’t want to tame politicians. They don’t even seem to think much about freedom. We attended Obama’s victory party inContinue Reading

Tim Carney of the Washington Examiner documents an interesting response to efforts to end a blatant form of corporate welfare. Liberal magazine Mother Jones has a very good article on the federal flood insurance program, which subsidizes people’s beachfront homes at taxpayer expense. The program has led to “below-market insurance rates that have permitted, ifContinue Reading

Michael Tanner of the Cato Institute uses his latest National Review Online column to take U.S. House Speaker John Boehner to task for his response to last week’s election. They hadn’t even finished counting the ballots in Florida when House speaker John Boehner indicated that Republicans were preparing to surrender on issues ranging from taxesContinue Reading

Ramesh Ponnuru of National Review contends in his latest column that those looking for the source of Republicans’ presidential election loss need to cast their glances beyond Mitt Romney. None of them makes the mistake of assuming that this election should have been easy to win given the weak economy, the public’s dissatisfaction with theContinue Reading

Dan Way reports for Carolina Journal Online about conflicting accounts of why public school graduation rates are rising among Latino students in North Carolina. John Hood’s Daily Journal explains why some charities’ pitch for donations is off-pitch.