Do Takems Have the Upper Hand? The people of Sunderland in England have been building, or making, ships on the River Wear as far back as the 14th century. Since that time, their neighbors to the north in Newcastle upon Tyne have been taking the ships from Sunderland and using them to ship goods from the…
Category: Economy
Whose Better for the Texas Economy: Hollywood Filmmakers or Texas Entrepreneurs?
Filmmakers and government economic development types are bemoaning the fact that Texas doesn’t offer as much as other states when it comes to film subsidies. “Texas is losing jobs because we cannot compete,” said Janis Burklund, director of the Dallas Film Commission. It may, or may not, be the case that Texas is losing jobs…
Markets, Not the Governing Elite, Secure Life, Liberty, and Prosperity
A recent article by the Niskanen Center tries to make the case that regulations should be considered beneficial unless proven otherwise. The thing is is that we don’t need data to understand whether the effects caused by regulation are on balance good or bad. Liberty tells us that the cumulative effect of regulations will be…
Restrictions on Free Trade will Cost Texans Dearly
Last spring, the Texas Legislature passed a law that will force taxpayers to pay up to 20 percent more for some public projects. In Washington, D.C., a tax is being considered that could increase what Texans pay for insurance. Why would the government do this? The short answer is influence by special interests and a…
Imagine
Imagine there’s no Medicaid It’s easy if you dare No plans to hinder us People receiving care Imagine all the people Living in good health Imagine private health care It’s no so hard to see Less death or illness Without the Fed’s decree Imagine all the people Living in Freedom You may say that I’m…
Freedom Reigns: Still No Stopping the Texas Economy
Wendell Cox’s new report, 2013 Metropolitan Area Population Estimates, is the latest confirmation that Paul Krugman and other liberal critics of the Texas Model are wrong; Texas has far and away the most dynamic economy in the United States. For example: Late in the last decade, Dallas-Fort Worth passed Philadelphia to become the fourth largest metropolitan area….
Quote of the Week – Mises on the Religion of Government Spending and Credit Expansion
“No one should expect that any logical argument or any experience could ever shake the almost religious fervor of those who believe in salvation through spending and credit expansion.” – Ludwig von Mises, in his book, Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses.
Inflation, Money Creation, and the Gold Standard
“In a social order that is entirely founded on the use of money and in which all accounting is done in terms of money, the destruction of the monetary system means nothing less than the destruction of the basis of all exchange.” – Ludwig von Mises, The Theory of Money and Credit, p. 202. In…
Happy 100th Birthday Ronald Reagan
“I never thought it was my style or the words I used that made a difference: it was the content. I wasn’t a great communicator, but I communicated great things.” – Ronald Reagan, in his Jan. 11, 1989 farewell address to the American people (text) “The biggest misunderstanding about Reagan’s political life is that he…
Creativity–A Gift from God
Fox News reports that the city of Taunton, Massachusetts is considering the use of eminent domain to save some manufacturing jobs: When the Haskon Aerospace plant in Taunton, Mass. shut down in October 100 workers lost their jobs. Many had worked at the facility for decades, making seals and gaskets for aircraft. City leaders are…