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Has the Free Market Failed?

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Has the Free Market Failed?

The American economy is in a state of malaise. Stock and real estate prices have plummeted from their peaks in recent years, people have collectively lost trillions of dollars, major companies have gone bankrupt, and unemployment numbers remain high. Undoubtedly, many students are lying awake at night wondering whether they will find work after graduation. […]

Putting a Price on Freedom

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Putting a Price on Freedom

The debate about today’s increasing push for government expansion focuses exclusively on cost, without evaluating whether such expansion is morally proper.Imagine a negotiation like one commonly seen at an auto dealership. The seller pitches a price; the buyer complains it’s too high.  They fiercely consult and haggle, and eventually strike a deal.  Now imagine a […]

Misleading Facts in the Health Care Debate

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Misleading Facts in the Health Care Debate

President Obama and those who espouse his proposals for health care reform often present seemingly compelling arguments for why the government should dig its fangs deeper into medicine. They argue that the quality of care in America is far below that of Canada and Britain, and that citizens of those nations live longer precisely because […]

What Free Market?

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What Free Market?

From the beginning, most commentators agreed that this recession was caused by a failure of the free market. But an important fact that seems to have been forgotten is that America is not a free market. The government is active in every industry-from health care to the aeronautics industry-and in every aspect of the economy-from […]

Thrifty Government?

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Thrifty Government?

In speeches and press releases, the president has claimed that by assuming greater control over the health care industry, the government will be able to reduce the amount of money Americans spend on health care—while simultaneously improving the quality of care they receive. How do President Obama and the Democrats pushing for health care reform […]

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Lowering the Poverty Level to Reduce Poverty

What do liberal New York Times’ contributors do when the percentage of GDP consumed by ever-increasing government spending grows too large to ignore? They replace GDP with a new measurement, of course. One which includes such non-quantifiable values as “ecosystem services” and “regulation of our climate on a global and local scale.” It’ll turn the economic […]

Is Health Care a Right? Answer The Question, Congressmen!

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Is Health Care a Right? Answer The Question, Congressmen!

Of the many specials on health care that have been taking place these past few weeks, this recent PJTV forum should be singularly commended for daring to ask of our political leaders the one question upon which the whole concept of government health care rests: Is health care a right? This crucial question has been […]

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Massive Legislation Based On Junk Science

On Friday, June 26, the House passed a Climate Change Bill that will “require the U.S. to reduce carbon dioxide and other greenhouse gas emissions by 17 percent from 2005 levels by 2020 and by about 80 percent by mid-century.” While some politicians complain that this bill is going too far and worry about the […]

Obama, No Take-Backs

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Obama, No Take-Backs

The Washington Post recently reported that the federal government has changed the rules of the $1 trillion program to relieve banks of toxic assets. President Obama’s administration is back-pedalling on promises it made to financial institutions only a month ago that they would not face executive compensation restrictions—ala AIG bonuses—if they participated in the program. […]

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The Bankruptcy of the Mixed Economy

Today’s economy faces a long list of problems. We hear daily about high gas prices and inflation, of a battered stock market, of a growing number of people unable to afford their mortgages, even of banks failing and huge companies facing bankruptcy. What explains this predicament? According to editorials, congressional speeches and opinion polls, the […]

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