free market

Government Roadblocks to Prosperity

Editor’s Note: Anyone who has ever taken Economics 101 knows that the free market is more efficient than top down governmental planning at efficiently distributing goods and services at the lowest possible price. But often governmental bureaucrats have their own agenda that doesn’t include efficiency (or low price) as a priority. How would you feel if some government […]

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The Advantages of Global Diversification

Almost every day we hear of more ways the government is trying to control our lives and get into our wallet in order to pay for it. Like sand through an hourglass our freedom is slowly slipping away. Everything requires more reporting, more government oversight and more of our money to do it. Only you can protect yourself but it takes knowledge, and effort in order to do it.

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Obama Wants to Control the Banks

I must be naive. I really thought the administration would welcome the return of bank bailout money. Some $340 million in TARP cash flowed back this week from four small banks in Louisiana, New York, Indiana and California. This isn’t much when we routinely talk in trillions, but clearly that money has not been wasted or otherwise sunk down Wall Street’s black hole. So why no cheering as the cash comes back?

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The Free Market is Dead

On several occasions of late, I have read or heard the phrase, “We are all Keynesians now,” an erudite way of expressing the idea that the free market is dead. And that the fate of the global economy now relies almost entirely on pragmatic measures yet to be taken by governments, most notably that of the United States.

Given that the word “pragmatic” is often used to describe President Obama, it appears that the man of the hour has arrived just in the nick of time.

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