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Barack Obama’s Presidency Is A Complete Failure By His Own, Self-Imposed...
At the end of 2013, after serving five years, Barack Obama is a complete failure as President, by his own standards, as reflected in his own words. How many times has President Obama told us that he is...
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Where the U.S. Economy Is Going, and Why
The U.S. employment news on January 10 sharply contradicted the oft-repeated refrain that economic growth was beginning to accelerate. Employers added only 74,000 jobs in December, the smallest job...
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Obama’s State Of The Union Formula For Economic Stagnation
In a piece last month, I explained that President Obama’s presidency has been a complete failure by his own standards. He tells us that he is fighting for the middle class. But real middle class...
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No Fundamental Shift to Transit: Not Even a Shift
The American Public Transportation Association (APTA) is out with news of higher transit ridership. APTA President and CEO Michael Melaniphy characterizes the new figures as indicating “a fundamental...
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How To Liberate America From The Poverty Trap That Is Enslaving Us
In the latest Bureau of Labor Statistics jobs report, for March, the Obama economy finally reached a long overdue milestone. More than six years after the latest recession began, in December, 2007, the...
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The Rebirth of Austrian Economics
Forty years ago, during the week of June 15-22, 1974, the Austrian School of Economics was reborn during a conference in the small New England town of South Royalton, Vermont. Why was this important?...
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Fed Follies: Central Bank Continues to Force Economy in Wrong Direction
For more than a decade, now, Federal Reserve policy has been guided by the fear of one economic bogyman: the presumed danger of “price deflation.” The fear is unfounded and the inflationary “solution”...
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Celebrating The Work Of Nobel Prize Winning Economist, F.A. Hayek – A Man Who...
Forty years ago, on October 9, 1974, the Nobel Prize committee announced that the co-recipient of that year’s award for economics was the Austrian economist, Friedrich A. Hayek. Never was there a more...
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No, Affordable Oil Will Not Cause A New Great Depression
By: James M. Taylor and Justin Haskins Democratic Party strategist Robert Weiner claims inexpensive domestic oil production via hydraulic fracturing will cause a new Great Depression, yet exactly the...
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Cato University Day Four: The Constitution and U.S. History
On Wednesday, Georgetown Law School Professor Randy Barnett started with a lecture on the two traditional visions of the Constitution. Proponents of the well-known democratic Constitution contend...
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U.S. Economy Is Worse Than Claimed
Courtesy of ShadowStats.com The above chart shows a growing divergence between the Consumer Price Index and what it would be if the method of calculation had remained consistent. Beginning in 1983 the...
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Wilhelm Röpke: The Economist Who Stood Up To Hitler
Sometimes there are men of principle who live their values and not merely speak or write about them. People who stand up to political evil at their own risk, and then go on to say and do things that...
View ArticlePeter Ferrara Discusses the Worst Recovery Since the Great Depression
In the attached clip, we listen in to Heartland Senior Fellow Peter Ferrara as he joins the Made In America radio show with host Neal Asbury. Ferrara, who served in the White House Office of Policy...
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Hillary/Obama Democrats Vs. Kennedy Democrats
John F. Kennedy campaigned for president in 1960 targeting 5% real economic growth. After he was elected, he achieved that goal, doubling the slow growth of the Eisenhower 1950s. His successful...
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Phyllis Schlafly, Champion OF Investors, Defender of Vigorous U.S. Patent System
Phyllis Schlafly is perhaps best remembered for leading grassroot campaigns against Communism, abortion and the Equal Rights Amendment. Perhaps less well known, Schlafly was also a champion of...
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Welcome to the 1930s
President Trump fired the opening salvo in a trade war—reminiscent of the 1930s trade war from the Smoot-Hawley Act, which prolonged the Great Depression—when he announced he will impose tariffs of 25%...
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A Remarkably Prescient Song
Over 35 years ago during the 1981-82 recession, Billy Joel released “Allentown” about the plight of this Pennsylvania town. The song resonated across the Midwest during the worst economic downturn...
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Fewer Recessions Thanks to the Shale Revolution
The United States economy currently enjoys the longest period of expansion in history. The economy has been growing for more than ten and a half years, since the end of the Great Recession of...
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