On this week's show, we debate myths.

Myths like...

The federal government must lead disaster relief.

Congressman Ron Paul will tell us why we don't need FEMA to save us... continue reading »

The Olympics have gone smoothly so far despite -- gasp! -- America's team wearing clothing made in China.

Many people were angry about the uniforms, as I write in my syndicated column today:

"I'm so upset," said Senate Majority Leader Harry Reid. "Take all the uniforms, put them in a big pile, and burn them. ... We have people in the textile industry who are desperate for jobs."... continue reading »

Today, predictably, the New York Times criticized Congress for limiting unemployment benefit extensions -- that is, 99 weeks of assistance:... continue reading »

Pssst. Want to buy some Stossels?

That's the question I ask in my syndicated column this week:

Why should you trust ?

Because I promise to redeem them for gold. And I'm reliable. I have money in the bank and a job that brings in more than I spend. ... continue reading »

Complaining about high oil prices last week, Bill O'Reilly argued:

There is plenty of oil in the USA. Prices should not be at record levels. But they are because the oil companies are sending their products overseas to make more money...

His solution? America should tax American oil refiners when they sell overseas:

If you are going to refine in the United States, you sell to the United States. And if you don't, you pay a higher tax to export, all right?

That's intuitive: Keep gasoline in America to keep prices low.

... continue reading »

Bill O'Reilly was on the warpath last week about record-high oil prices. He says collusion among greedy oil companies is a big factor, and he bet me $1,000 that the gas stations in his town charged the "exact same price," which he says is evidence that they collude.

I checked his town's prices, and he's wrong. I win $1000! Here were the prices this afternoon:

Gulf: $3.95 ... Getty: $3.99 ... Shell: $4.05 ... Mobil: $4.07... continue reading »

I have written several blog posts explaining why Dodd-Frank creates more problems than solutions. But, I was shocked to see my friends at the New York Times are now calling the legislation a jobs program, of all things, because it has created work for accountants and compliance officers... continue reading »

In his column today, Ezra Klein sums up Keynesian economics by saying that Keynes "taught us that although markets are usually self-correcting, they occasionally enter destructive feedback loops....In that situation, the role of the government is to break the cycle. Because businesses and consumers have stopped spending, the government breaks the cycle by spending."... continue reading »

Innovation increases productivity. And that's good. But somehow, our president tells NBC News that he thinks that's bad - that it kills jobs... continue reading »

A new private currency called "Bitcoin" has hit the scene. It is a digital currency that my producer tells me is valauble partly because it's untracable: there is supposedly no way for the government, or anyone else, to see who owns or transfers Bitcoins... continue reading »