Rational Thinking About Irrational Numbers

I am drawing this reference from this article from someone who I look up to and admire – Dr. Roy...

NetCompetition’s FCC Comments – Don’t Preempt State Muni Broadband Laws

There are two core reasons the FCC should not try to preempt State muni-broadband laws. The...

America, Our Debt-Ridden Nation

Let’s look at just some of the latest news about the U.S. economy: # According to the Treasury...

Warren Buffett Knows Less Government Means More Economic Activity

Remember the “Buffet Rule?” The Buffett Rule is part of a tax plan proposed by President Barack...

Study: Sales Tax Exemptions Spur Tax Hikes

State and local governments often turn to increases in sales taxes to generate added revenue....

Ex-Im Facts vs. Ex-Im Myths

As legislators in Congress debate whether or not to reauthorize the Export-Import Bank, the...
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Education

College Board Still Hiding Behind Its Revisionist American History

In a famous scene in the Wizard of Oz, the little dog Toto unexpectedly pulls back a curtain hiding the “great and powerful” wizard. Stunned by his discovery, the wizard initially warns Dorothy and her friends to “Pay no attention to that man behind the curtain.” But Dorothy is not fooled, and accuses Oz of being “a humbug.” The College Board and the nine high school teachers and college...

Environment

Global Warming a Greater Threat than ISIS?

The establishment liberal media frequently point out Democrats are much more worried about global warming than Republicans, and the media paint this divide as showing Republicans are out of touch on climate issues. However, a new poll indicates global warming alarmists are the ones who are out of touch on global warming issues. A Pew Research Center/USA Today poll conducted this week asks...

Oklahoma Lawsuit Muddles Tax Hikes, Tax Cuts

In July, the Oklahoma Supreme Court heard arguments in a case that threatens both the state’s economy, and its constitutional protection for taxpayers. In 1992, Oklahoma voters approved State Question 640 to add a taxpayer-protection provision to the State Constitution. The constitutional amendment was a direct response from citizens following tax and spending increases enacted prior to SQ 640’s...

Photographer Captures Alarmists' Frightened Faces

The Huffington Post published a humorous article Monday titled, “Photographer Captures Scientists’ Frightened Responses to Climate Change Discussions.” The premise of the article is a photographer asked several alarmist scientists to stage looks of fright when contemplating their predicted global warming catastrophe. The photographer then published, in a montage titled “Scared Scientists,” black-...

Finance & Insurance

‘Other Things’ Aren’t Equal When Government Intervenes in the Economy

The use of the ceteris paribus, or “other things equal” assumption, is an essential aspect of economic education. It is an important caveat that helps make sense of a complicated world by clarifying the stories that comprise the core of economics.  Unfortunately, acceptance of that phrase has also provided an opening for misrepresenting economic reality when analyzing government...

Opponents of Government’s ‘Choke Point’ Program Work to Loosen Its Grip

Two federal agencies have backed off—slightly—from a program critics say has been intimidating banks into canceling services for legitimate, law-abiding businesses and making it difficult if not impossible for them to operate. The Federal Deposit Insurance Corporation (FDIC) and U.S. Department of Justice (DOJ) launched “Operation Choke Point” without warning or public discussion in March 2013....

How Wall Street Tobacco Deals Left States With Billions in Toxic Debt

[Editor’s note: “Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced.” So reads the teaser headline on this report from the independent, non-profit ProPublica news organization. The beginning of the article follows, with a link to the full story.] By Cezary...

Health

Medicaid’s Financing Merry-Go-Round Exemplifies Need for Block Grants

Medicaid, which provides health-related welfare benefits to low-income individuals, is jointly financed by the federal and state governments. Before Obamacare, the split was 50/50 for rich states, but low-income states got more dollars. This mechanism is called the Federal Medicaid Assistance Percentage (FMAP).  So, if California spent $50 on Medicaid, the federal taxpayer would chip in $50...

Obamacare and the Aims of Progressivism

Consumer Power Report #433 Greg Scandlen notes the provision of health care, historically, has been an arena populated in America by a host of civil society institutions. These institutions were purposefully displaced by government over the course of the past century: These associations were formed by working class men and women from all ethnic groups. In some cases they owned and operated their...

A New Plan to Replace Obamacare

Consumer Power Report #432 Avik Roy of the Manhattan Institute has been one of Obamacare’s most prominent critics over the past several years. On Wednesday he released his new plan – The Universal Exchange Plan – to replace Obamacare. He has been advocating for this plan in general terms for some time, and it could prove to represent the most realistic path for future reform if the politics of...

Taxes

‘Winning’ Economic Policies Combine for States’ Success

Scholars with the Mackinac Center for Public Policy, as well as other institutions, have often used descriptive statistics in conjunction with empirical evidence to tell stories — sometimes, profound ones. For many reasons, Americans pick up and move. Often such moves involve economic motivations. Determing the causes of Americans’ migration from non-right-to-work states to states with such legal...

Ex-Im Facts vs. Ex-Im Myths

As legislators in Congress debate whether or not to reauthorize the Export-Import Bank, the official export credit agency of the United States, it is extremely important that the facts surrounding the controversial government program be separated from spin and myths perpetuated by some of the program’s supporters. Commonly called Ex-Im, the bank was established by executive order of President...

Study: Sales Tax Exemptions Spur Tax Hikes

State and local governments often turn to increases in sales taxes to generate added revenue. Estimates of fresh revenue from the higher tax tend to be overly optimistic, partly because the number of sales tax exemptions tends to rise with the rising tax rate. Given the fact that politicians seek to raise a certain amount of revenue, and wish to maximize their chance of re-election, this...

Tech

NetCompetition’s FCC Comments – Don’t Preempt State Muni Broadband Laws

There are two core reasons the FCC should not try to preempt State muni-broadband laws. The Supreme Court has already indicated it would be unconstitutional. It would be anti-competitive, the opposite of the FCC’s statutory purpose and legal mandate.   I.  Why FCC Preemption of States Rights would be Unconstitutional First, the Supreme Court already has decided this issue...

The New York Times Has Zero Idea How the Internet Works - Or Is Lying Its Masthead Off

It takes a special man to cram so much wrong into a mere 342 words.  Or an Old Grey Lady. The New York Times’ utterly ridiculous Editorial Board recently as one addressed Title II Internet regulatory Reclassification and Network Neutrality - and they did so in utterly ridiculous fashion.  They either have absolutely no idea what any of this is - or they are lying through their printing...