A New York Times propagandist believes that the political state must supervise conduct to compel social justice.
No question, the tribulations of borrowers who are defaulting on subprime mortgage loans are real. Those borrowers deserve our sympathy and our prayers.
But that is very far from saying that the Federal government can and must regulate choice to […]
As the toadies in charge of Columbia University in New York City provided a forum for the Left’s latest rock star, Mahmoud Ahmadinejad, to spout his propaganda, another story grabbed my attention. Given the recent news reports of tainted products from the world’s largest communist country, imagine my surprise and anger when I picked up […]
(As published in The World and I magazine)
“Economic freedom, in and of itself, is an extremely important part of total freedom.” Milton Friedman1“In 1996, the UN declared that 70 countries, aid recipients all, were poorer than in 1980. An incredible 43 were worse off than in 1970.”2 Experience has consistently shown that simply providing money […]
Last year, during the United States Senate race in Nebraska, Republican challenger Pete Ricketts suggested that every option must be considered when looking at ways to reform our federal tax system. Among the list of alternatives Ricketts said should be on the table was a national sales tax known simply as the “Fair Tax.”
The […]
Collectivism in the Federal government since the 1930s New Deal is paralleled by the emergence in financial markets of giant, multi-national financial institutions. Both reflect the detached, numbers only, view of socialistic regulators who deal in large abstractions called “the economy” and “the workers.”
As Stalin is reputed to have said, one death is a tragedy; […]
Democrat and Republican candidates for President are debating one another on nearly every issue–but nearly all are united on one thing: America faces a crisis of “income inequality.” The rich are getting richer, the refrain goes, while the poor and middle class are held back by stagnating wages, lousy schools, and growing healthcare costs. The […]
Lawmakers can dismount from their soak-the-rich hobby horses. Reality curtails business excesses; no need for help from Congressman Barney Frank. The free marketplace has chastised hedge fund managers more effectively than any taxes or regulations Congressional socialists might have concocted.
The Wall Street Journal in its July, 27, 2007, edition reports:
( http://online.wsj.com/article/SB118549929176179833.html?mod=home_whats_news_us)
“As flagging debt markets bring […]
Krugman’s conception of economic man is a caricature of reality
Previous postings (Part One; Part Two; Part Three; and Part Four) discussed aspects of Paul Krugman’s essay “Who Was Milton Friedman?” in the New York Review of Books.
In that essay, Professor Krugman, the New York Times’s propagandist for socialistic economics, contrasts the conceptual approaches of Nobel-Prize-winning […]
A cornerstone of liberal-Progressive economic theory turns out to be fatally flawed, bringing the whole structure crashing to the ground.
As noted in Krugman and Friedman - Part Four, (http://www.thomasbrewton.com/index.php/weblog/krugman_and_friedman_part_four/)
Keynesian economic theory, now refurbished as neo-Keynesianism, dominates liberal-Progressive-socialist thinking in the United States. Mr. Krugman is one of its fiercest proponents.
Like Keynes, he has been consistently […]
Paul Krugman confesses his love for Big Brother
Previous postings (http://www.thomasbrewton.com/index.php/krugman
_and_friedman_part_one/ ; http://www.thomasbrewton.com/index.php/krugman_and
_friedman_part_two/ ; http://www.thomasbrewton.com/index.php/krugman_and
_friedman_part_three/ ) discussed aspects of Paul Krugman’s essay “Who Was Milton Friedman?” in the New York Review of Books.
Mr. Krugman is a political propaganda columnist for the New York Times, where predictably he is a strident critic of individuals’ economic and political […]
