All posts tagged
Economics
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Stupid Rules
On my FBN show this week, we cover entrepreneurs, like the ones who created Intel, Genentech, Apple, Cisco, Microsoft. They created vast wealth and, of course, cool things. Is it coincidence that all that creation happened in San Francisco and Seattle, the two metropolitan areas farthest from Washington DC? I doubt it. Sadly, those company now spend millions on lobbying—millions that would be better spent on inventing.
We’d be better off if we just had fewer rules... continue reading »
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FREELOADERS: A John Stossel Fox News Special (10PM ET Tonight)
Some Americans actually make a living … begging for money. Professional panhandlers, they’re called, sometimes making more than $100 in a day. I tried it in Manhattan, and made over $11 in one hour—that would be $23,000 a year—tax free! It’s a small example of why some said that the USA is turning into a nation of freeloaders... continue reading »
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Starting A New Currency is “Domestic Terrorism”?
This weekend, a North Carolina man was convicted of minting and circulating “Liberty Dollars” and “Ron Paul Dollars” that were valued based on the gold and silver they contained. The man, Bernard von NotHaus, now faces up to 25 years in prison and the forfeiture of $7 million worth of gold and silver that was taken by police in a raid. The U.S... continue reading »
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What Drove Me Crazy at ABC
Daniel Ikenson’s recent blog reminds me why I was unhappy in my old job, and much happier now:
"The venerable ABC World News has decided to indulge its worst instincts by airing—every night this week—a reality-based series called 'Made in America.' ... ... continue reading »
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'Green' Spontaneous Order
Yesterday Vice President Biden announced a new multi-billion dollar push for high-speed rail. Before that he proudly gave a $118.5 million dollar grant to a battery company to spur the development of electric cars... continue reading »
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Realism About Reagan
President Ronald Reagan would have been 100 years old yesterday. Many conservatives are nostalgic for the days when he was president, saying he was the last great fiscal conservative. He did talk like one:
“The most terrifying words in the English language are: I’m from the government and I’m here to help.”
... continue reading »
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Egypt’s Real Problem
While pundits bicker about Obama’s response to Egypt, economist Hernando De Soto identifies one source of Egypt’s problems: weak property rights and absurd regulations. Bad law has forced most of Egypt’s private-sector workers into the black market. That keeps them in poverty... continue reading »
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This Week’s Column: I Can Balance the Budget
Last week, I balanced the budget! In this week’s column, I include a few more suggestions from the guests on my show:
"Repeal Obamacare," syndicated columnist Deroy Murdock said.
Reason magazine editor Matt Welch wants to cut the Department of Homeland Security, "something that we did without 10 years ago."
But don't we need Homeland Security to keep us safe? ... continue reading »
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Eliminating the Deficit is Easy (Saturday @ 9pm & midnight ET)
My previous blog covered spending cuts from my FBN show (airs Saturday @ 9pm & midnight ET) that would balance the budget. There's a lot that I left out. We could eliminate the Commerce Department, end federal guarantees for Fannie and Freddie, end federal flood insurance, legalize gambling, etc. Readers made other suggestions... continue reading »
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Tonight's Show: Stossel Balances the Budget (FBN @ 9pm & Midnight ET)
Earlier this week, I wondered how the president would “cast himself as more of a fiscal hawk” in Tuesday’s State of the Union Address, as Reuters reported... continue reading »
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