FREE WHITEWATER

Economy

Libertarian Cato Institute Deservedly Named One of World’s Leading Think Tanks

Congratulations to the Cato Institute, named one of the leading policy institutes in the world, following a major academic survey. Libertarians have reason for confidence in their views in any event, but the policy scholars at Cato are admirably advancing ideas for “individual liberty, free markets, and peace.” Now you know, and I know, that…

Federal Deficit to Hit All-Time High

Over at the Wall Street Journal, there’s a troubling story from Jonathan Weisman entitled, Deficit to Hit All-Time High. The situation is so alarming that a scholar from a left-leaning think tank is alarmed: Isabel Sawhill, a budget expert at the Brookings Institution, criticized the president’s goal – a deficit of 3% of GDP long…

“Red-Ink Tsunami: Why Old Ideas Can’t Fix the New Government Perma-Crisis”

Over at Economics21.org there’s a succinct, useful article on fiscal policies that simply won’t solve America’s economic problems. “Red-Ink Tsunami: Why Old Ideas Can’t Fix the New Government Perma-Crisis” is a useful reminder – a warning, really – of state and local government’s limitations. Here are the five “Strategies of Yesteryear that Won’t Work Today”:…

Rep. Paul Ryan on Business and Markets

Whitewater, Wisconsin is divided between two congressional districts, one of which is served by Rep. Paul Ryan. The online Washington Examiner has a brief opinion piece called, “Paul Ryan’s Free-Market Populism.” The article mentions an essay that Ryan recently wrote for Forbes in which he decried the tendency of large corporations to seek government handouts…

Wisconsin: An Over-Taxed State

Wisconsin’s a smaller state, but she ranks in the top ten in property taxes, along with states with troubled economies like Illinois and California. The Wisconsin State Journal, in a story posted this afternoon, entitled, “Wisconsin ninth in median property taxes,” notes that “Wisconsin’s median real estate tax paid for 2008 was $2,963…” compared “…to…

The Overwhelming Case for Free Trade

In the post immediately before this one, I posted an editorial cartoon from Lisa Benson criticizing the federal administration’s decision to impose a tariff on Chinese tires. It’s a foolish decision — the tires are made more inexpensively than alternatives, and save consumers money. The case for free trade — free and unrestricted markets across…

Reason.tv: Government Providing ‘Country Roads to Serfdom’

It’s video Thursday at FREE WHITEWATER, and here’s a video from Reason.tv’s Rough Cut blog, about the failure of government spending to improve conditions for West Virginia. Here’s a description accompanying the video: For decades, West Virginia has looked to the government to solve their economic problems, only to find themselves falling further behind. Today,…

From Reason.tv: Bjorn Lomborg — What’s the Best Way to Live with Global Warming?

Over at Reason.tv, there’s an interview with Bjorn Lomborg, asking, What’s the Best Way to Live with Global Warming? Here’s a description of the interview: What’s the best way for humanity to reduce suffering from man-made global warming? No individual has been a stronger voice for rational cost-benefit analysis on this issue than Bjorn Lomborg,…

Machan: The Problems Are Not Due to Capitalism

Professor of economics Tibor Machan writes that opponents of free markets are wrong to blame capitalism for the current recession. That blame-casting is proving short-lived: more Americans each day are rejecting government intervention in the economy, and embracing free markets in labor and capital as a foundation of a dynamic, prosperous, and tolerant society. Machan’s…