For more than two hundred years, practically all of the leading advocates of individual liberty and free markets have assumed that money and banking were different from other types of goods and markets. From Adam Smith to Milton Friedman, the presumption has been that competitive markets and free consumer choice are far better than government control and planning – except in the realm of money and financial intermediation. They have been wrong on this important issue.
Retail stores are opening even earlier than usual for their annual Black Friday sales this year, in an intensifying competition for scarce consumer dollars. Big retailers such as Target, Kohl’s, Macy’s, Best Buy, Sears, and Toys R Us will open Thursday night and feature “doorbuster” bargains to lure tryptophan-laden customers into their emporia (if they can fit through the doors).
The Heartland Institute recently hosted renowned economist and political commentator John Lott, who gave an enlightening talk about this new book “At the Brink: Will Obama Push Us Over the Edge?”
Immediately upon leaving office and turning turn over the “bully pulpit” of the White House to Barack Obama, former President George W. Bush retreated from public life. Unlike predecessor Bill[...]
In a recent editorial in The Wall Street Journal, a group of prominent economic experts took the government to task for many of its current poor fiscal and monetary decisions[...]
[Editor's note: This piece was first published at Forbes.com.] President Obama’s June 14 address in Cleveland presented his foundational economic policy arguments for this fall’s campaign. We will hear those same rhetorical points[...]
[Editor's note: This piece was first published at Forbes.com.] Last week on June 14, President Obama announced his economic plan to finally bring economic recovery and growth to the U.S. in[...]
Our own Peter Ferrara, senior fellow for entitlement and budget policy at The Heartland Institute, was a guest last Saturday (June 23) on the nationally syndicated Larry Kudlow radio show.[...]
[Editor's note: This piece was first published at Forbes.com.] The U.S. has never before had a President who thinks so little of the American people that he imagines he can win[...]
(This essay was first published at The American Spectator. Editor: Half-hearted apologies to Dire Straits for the headline.) Obama campaign operative Rex Nutting surprised a lot of people with an[...]
Thanks to the Washington Examiner for publishing this piece by me in yesterday’s paper. You can read it below: Trying to fill the federal government’s gigantic budget hole with a[...]
Ron Arnold, writing at The Washington Examiner, has a column slamming the so-called “light bulb ban” that is phasing out incandescent bulbs in favor of more energy-efficient bulbs — the[...]
As someone tasked with keeping up on research in two arenas — education policy and tech policy — my job always get a lot easier when the issues merge. Sometimes,[...]
Barely a week after the Republicans saw a tidal wave of victories in the midterm elections, members of the GOP establishment are already fighting back against the very policies that[...]