Video: Privatization in the Age of Obama
As President Barack Obama and the federal government go hog wild in terms of economic intervention, state and local governments are running record deficits despite massive increases in revenue over the...
View ArticleComing to Your Garage: Le Car
Finally, Americans can start moving forward—albeit in small, unsafe, state-mandated, subsidized pieces of junk.We all remember a time when we drove around in nearly any variety of automobile desired....
View ArticleThe Housing Boom and Bust
Thomas Sowell, prolific public intellectual and the Rose and Milton Friedman Senior Fellow at the Hoover Institution, is one of America's greatest economic thinkers and educators. He's taught the...
View ArticleWaxman's Cap-and-Trade Plan Functions Like a Tax Increase
"The Waxman-Markey bill will create jobs by spurring investment in renewables and efficiency." So declared the liberal Center for American Progress as it announced support for the new cap-and-trade...
View ArticlePresident Obama's Energy Plans Have a History of Failure
“Voters want action on energy,” one congresswoman told The Washington Post. “They don’t really care how much it costs.” A Democratic president was on the verge of signing “the most important energy...
View ArticleCalifornia's Propositions Fail
Good news out of the Golden State. As expected, California voters rejected all but one of yesterday's referenda. The ballot initiatives, which would have raised some taxes, extended others, enabled...
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California's Political and Journalistic Class Fails
Now that California's political elite has been thoroughly repudiated at the polls, get ready for a vicious backlash...against the citizens. Take this witheringly sarcastic and petulant editorial in the...
View ArticleMore on the Negatives of Increased CAFE Standards
Yesterday, the fuel standards hammer dropped. Today, the outcry of voices. Here is a run down:Keith Hennessey drawing on data from the National Highway Traffic Safety Administration: "Rather than...
View ArticleNew at Reason.tv: State Spending, Budgets, and Privatization
Reason.tv has posted a video of my colleague Adrian Moore and I's recent presentation at Reason Weekend on state spending, budgets and privatization:As President Barack Obama and the federal government...
View ArticleCalifornia Election Results: Education Edition
While it was very close to a clean sweep with almost every county rejecting every ballot measure to increase taxes rather than reduce spending; three counties, Santa Clara, San Francisco, and Santa...
View ArticleD.C. Metro Rider Incomes Top $100,000 on Average
The idea that transit passengers are mostly poor isn't born out in passenger data for the Washington, D.C. Metro system. The Washington Examiner reports that the median income of a rail passenger rider...
View ArticleDear GOP: Please Choose Liberty
Forbes.com If Pennsylvania Senator Arlen Specter's defection to the Democratic side of the aisle affected only the fortunes of the Republican Party, it would be no cause for concern for non-Republicans...
View ArticleConservatives Need to Accept Liberty Not Just in Name But Also In Attitude
I will be writing a bi-weekly column for Forbes.com and here is the first installment:If Pennsylvania Senator Arlen Specter's defection to the Democratic side of the aisle affected only the fortunes of...
View ArticleArizona Lawmakers Considering Major Prison Privatization Initiative in Budget...
As the Arizona Daily Sun reports, Arizona lawmakers are considering a budget proposal that would involve a major—and potentially groundbreaking—prison privatization initiative that sounds to my ears...
View ArticleCongestion Down in Northern Virgina for Now.....Solution Will be HOT Lanes
The Washington Post reports on a recent study of the Washington, D.C. area that analyzed 80,000 aerial photographs taken during morning and evening rush hours. The study was examining the impact of the...
View ArticleCutting Costs on the Columbia River Bridge Project Between Wasington and...
The Seattle Times reports on the hand wringing going on regarding the costs of the bridge over the Columbia River between Washington and Oregon. This bridge would purportedly reduce congestion on I-5...
View ArticleSouth Florida Express Lanes Speed Up Travel
A managed lanes (or HOT Lane) success is building in southern Florida near Miami where a seven-mile stretch of priced lanes has increased speeds for travelers in Broward and Palm Beach Counties. Their...
View ArticleWeekly Economic News Digest
Here are some of the top economic and finance news stories this week that we haven't covered on the blog:Geithner changed his mind on Monday, and now is against compensation caps, but in favor of...
View ArticleChina's Rocket to Modernity
SHANGHAI—You know those time-lapse videos of sunflowers sprouting, zipping straight up, and bursting into bloom in the space of a few seconds? While flipping the TV channels in my hotel room, I saw a...
View ArticleBlackbeard Economics
The Invisible Hook: The Hidden Economics of Pirates, by Peter T. Leeson, New Jersey: Princeton University Press, 296 pages, $24.95Pirates are alluring to novelists and moviemakers because we know they...
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