No Interest on Daylight Savings

DST is a ruse that generates no measurable benefits for society, but does impose some real costs on every man, woman and child.

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BP and the Tragedy of the Commons

In the absence of well-defined and protected private property rights, overexploitation of a collectively owned resource is the predictable outcome.

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ObamaCare will Make Employees and Employers Worse Off

Labor markets will be less able to match workers with jobs efficiently, now that health insurance is no longer subject to negotiation.

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Mayoral Nostalgia for the New Deal

Not surprisingly, U.S. mayors are lining up to receive federal tax dollars.

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Rearranging the Chairs on the Deck of the Titanic

The obvious solution to California's budget deficit is to cut government down to a size that taxpayers can afford and to supply the public goods and services for which they are willing to pay.

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Bleak Future for Chrysler and GM

How much more money will the Obama adminstration pump into GM before it, too, declares bankruptcy.

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Franklin Delano Bush Pushes a Bad Idea

For the first time in history, the Federal Reserve has granted access to loans at its "discount window," to a non-bank financial institution.

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The Fed’s Risky Business

The record of government bailouts of private financial institutions teaches that emergency loans keep weak institutions alive just long enough for their problems to increase.

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A Failure to Stimulate

In no place but Washington would anyone think that putting hard-earned money back in the pockets from which it was taken in the first place is giving taxpayers a gift.

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IC Writers

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