Tarullo: No Return to Glass-Steagall
By Louise Bennetts Finally, a senior banking regulator has acknowledged the so-called repeal of Glass-Steagall had nothing to do with the 2008 financial crisis. In a recent speech, Fed governor Daniel...
View ArticleThe Current Wisdom: ‘Dumb People’ Syndrome
By Patrick J. Michaels The Current Wisdom is a series of monthly articles in which Patrick J. Michaels, director of the Center for the Study of Science, reviews interesting items on global warming in...
View ArticleHow Government Actually Works, Especially Unaccountable, Multi-Jurisdictional...
By David Boaz In my book Libertarianism: A Primer, I have a chapter of pop public choice called “What Big Government Is All About.” The Metropolitan Washington Airports Authority isn’t really big...
View ArticleWhy Chris Christie Vetoed an ObamaCare Exchange
By Michael F. Cannon On Thursday’s episode of The Daily Show, New Jersey Gov. Chris Christie (R) gave one of the better explanations of why states should say no to an ObamaCare Exchange. (Goes from...
View ArticleThe Poverty of Affordability Arguments
By Justin Logan In the bargaining over avoiding the fiscal cliff, President Obama has taken to framing the argument this way: We can solve this problem. All Congress needs to do is pass a law that...
View ArticlePromises to Restrict Future Spending Are Worthless
By Tad DeHaven It appears likely that congressional Republicans are eventually going to accept a tax increase in exchange for real spending cuts smaller spending increases in the future. If and when...
View ArticleAn Important Victory for the Right to Keep and Bear Arms
By Trevor Burrus On Tuesday, the Chicago-based 7th Circuit Court of Appeals struck down Illinois’s ban on carrying ready-to-use firearms. Moore v. Madigan is written by Judge Richard Posner, possibly...
View ArticleSen. Casey Finds Political Opportunity in NHL Lockout
By Tad DeHaven The Small Business Administration was created in the 1950s to make it appear as though federal politicians cared about the plight of the “little fellow.” A more helpful expression of...
View ArticleToday Is Bill of Rights Day
By Tim Lynch Today is Bill of Rights Day. So it’s an appropriate time to consider the state of our constitutional safeguards. Let’s consider each amendment in turn. The First Amendment says that...
View ArticleAdvertising, Credit Reporting, and ‘Anti-Objectification’
By Jim Harper You need a set of priors that I lack to stay interested in the forthcoming Suffolk University Law Review article, “Selling Consumers, Not Lists: The New World of Digital Decision-Making...
View ArticleIf Anyone Needs an Audit, It’s the Federal Reserve
Mark A. Calabria Last week Sen. Rand Paul (R-Ky.) introduced S. 264, a bill to audit the Federal Reserve, while on day one of the new Congress Rep. Thomas Massie (R-Ky.) offered similar legislation,...
View ArticleObama’s ‘Mindless Austerity’
Michael D. Tanner In announcing his $3.999 trillion budget proposal for FY 2016, President Obama said that he was putting an end to “mindless austerity” in federal spending. In response to which, one...
View ArticleDon’t Take Vaccines for Granted
Marian L. Tupy The recent spread of measles in the United States is an unwelcome reminder of the declining vaccination rates among American children. It has also led to a vigorous political debate...
View ArticleLibertarianism Is on the Verge of a Political Breakout
David Boaz Rand Paul’s leadership in the Senate — on the budget, regulation, privacy, criminal justice, and foreign policy — and his likely presidential campaign are generating new attention for...
View ArticleObama’s Tax Plan Is Not Simple
Chris Edwards President Obama’s tax plan would create “A Simpler, Fairer Tax Code,” according to the official fact sheet. The president’s budget uses “simplify” numerous times in describing the plan,...
View ArticleMedicare and Social Security Tabs Coming Due
Michael D. Tanner The national debt has dropped out of the headlines recently, but that doesn’t mean that it has gone away. In fact, just a few weeks ago, the debt officially topped $18 trillion. For...
View Article2015 Can be the Year of Criminal Justice Reform
Tim Lynch Criminal justice reform appears to be one of the hot topics this year. Unlike most other policy areas, where President Obama and Republicans remain at loggerheads, criminal justice reform...
View ArticleEPA’s Mercury Rules: Dumb and Dumber
Patrick J. Michaels This year, the Supreme Court is going to review the Environmental Protection Agency’s outrageous rules for mercury emissions from power plants, and hopefully SCOTUS will see through...
View ArticleKintner Bill Makes Situation Worse
Alex Nowrasteh The national debate over immigration policy is stalemated. President Obama’s executive actions have virtually halted all reform efforts and the GOP response in the House of...
View ArticleMisinterpreting Obamacare to Save It
Robert A. Levy Good advice from former Supreme Court reporter Linda Greenhouse, writing in The New York Times: Just “read the briefs,” she suggests — referring to the copious filings in King v....
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