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Campus Media Response: Don’t Return to 1970s Economic Anemia

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Campus Media Response: Don’t Return to 1970s Economic Anemia

Lamenting BP’s oil spill in the Gulf of Mexico, Mark Costigan of the University of Oregon’s Daily Herald calls for an end to all offshore drilling. Faced with the objection that this would mean importing more of our oil, Costigan bites the bullet and says we should stop foreign oil imports as well: If oil […]

Campus Media Response: Are American Workers Threatened by Immigrant Workers?

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Campus Media Response: Are American Workers Threatened by Immigrant Workers?

In a recent column for the Harvard Crimson commenting on the dubious legislation in Arizona that would make it easier for police to question people about their immigration status, Raúl Carrillo makes the following argument: Immigration reform, even during a recession, doesn’t have to put American’s citizen workforce and undocumented immigrants at odds. There’s more […]

Life, Liberty, and…Health Care?

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Life, Liberty, and…Health Care?

Countless voices are claiming medical care is a right. Is it? Throughout the health care debate, Republicans and Democrats have argued over many points, such as which kinds of reforms would most effectively give all Americans access to health care and how much we should be willing to spend on such programs. Very few, however, […]

The Republican Party’s Identity Crisis

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The Republican Party’s Identity Crisis

In the aftermath of the substantial Democratic victory in last November’s election, Republicans nationwide are reported to be doing a great deal of “soul searching.” Indeed they should. After all, times are not looking good for the Republican Party. Former President Bush left office with record-low support, and both houses of Congress, along with the […]

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What Laissez-Faire?

In response to the economic crisis now spilling over into the European markets, French President Nicolas Sarkozy called for an end to laissez-faire and an increase of government control over the financial markets. “Laissez-faire is finished, the all-powerful market that is always right, that’s finished,” Sarkozy said in a widely anticipated speech, his first in […]

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Blank-and-Effect: The Economics of Pragmatism

In the latest of a series of new government interventions into the economy, President Bush announced a new plan to bail the financial industry out of hundreds of billions of dollars of bad assets. This follows an $85 billion bailout and effective takeover of the nation’s largest insurance company, as well as a several-hundred billion […]

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Mixed Economy, Decisively Bad Results

The Wall Street Journal recently ran an excellent editorial examining the bad business and corruption that arises “when you combine private profit with government power.” Created by an act of Congress in 1938, Fannie Mae is a government sponsored enterprise (GSE) that owns or guarantees nearly one half of the $12 trillion US mortgage market. […]

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“Buy American” is UN-American

According to a recent poll, 80% of Americans think it their patriotic duty to give preference to American-made products. But “Buy American” is wholly un-American in both its economics and its philosophy. America’s distinction among all the nations of the world is that it enshrined political and economic freedom. Although we have departed greatly from […]

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