…The best ideas from the institutes
This morning’s Commerce Department report on second-quarter GDP contained what passes for good news these days: the U.S. economy shrank at an annual rate of only 1.0 percent in the April-to-June quarter. And in the twisted logic of conventional thinking, a drastic fall in international trade was supposedly part of the good news.
An Associated Press […]
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More evidence, in case you needed it, that a new “Fannie Med” is designed to suck all Americans into a single government-run system:
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Over at The New York Times‘ Economix blog, health economist Uwe Reinhardt has a fun post about the fundamental irrationality of American voters when it comes to health care reform:
To be responsive, then, to the “simple common sense” of the American people, any proposed health reform must not reduce the revenues of hospitals, lest some […]
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In the battle of the Race-to-the-Top editorials, the Wall Street Journal beats the New York Times, hands down.
Yesterday, both papers ran editorials about the so-called “Race to the Top Fund,” a pot of $4.35 billion over which U.S. Secretary of Education Arne Duncan was given control under the ”stimulus” law. Last Friday, as I reported, Duncan and President Obama staged a lovely […]
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Many people who care deeply about the Henry Louis Gates incident will steer clear of it because of the racial component and the high dudgeon. Maybe I’m not so wise. At the risk of sounding ”I know what it’s like . . . .”
I’ve been harassed by police for idling my car outside of a grocery store, […]
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Key House Democrats have just proposed a new plan for regulating our Nation’s derivatives’ markets. While the heart of the plan mirrors the Obama Administration’s proposal to require standardized derivatives, such as credit default swaps (CDS), to be traded over a centralized exchange, the House proposal also goes further, raising the possibility of banning “naked” positions […]
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Nice health care lecture
The Commonwealth Foundation
Cato Institute
