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D. Stockman

The Fed Feeds a Scam

Real and effective “anti-establishment” ideas come from unexpected places. That is, they are unexpected if you read only the dominant media and its insider sources, or follow politics only during the quadrennial presidential farce. Quite a few news junkies would be surprised at David Stockman’s critique of current Federal Reserve

Eggs

Prophecy Failed

In the first week of June we were told to expect egg shortages. The avian flu had infected millions of hens: egg production would plummet. This was news, reported as “Egg Rationing in America Has Officially Begun.” The Washington Post cited a few signs in Texan retail groceries warning customers

B.S.

Raise Your Hand, Dry and Secure

Presidential candidate Bernie Sanders made a splash last week with an off-the-cuff comment. “You don’t necessarily need a choice of 23 underarm spray deodorants or of 18 different pairs of sneakers when children are hungry in this country.” The candidate whose initials are “B. S.” doesn’t call himself a Socialist

Food Folly

A New, Freer Sector

Current trends in public policy and law seem to be pointing not to consistent principles, but contradictory ones. Wyoming just made it legal for farmers to sell directly to local customers, in such venues as farmers’ markets — without government inspection and conformity to the usual, clunky set of regulations

Overburdened Pack Mule

Taxation Rules

It turns out the United States is a tax haven. Haven? Heavens! I live here. I don’t feel that low-tax feeling when April 15 rolls around. But the Cato Institute’s Dan Mitchell, an expert on all things tax-policy — a dirty job, but somebody’s gotta do it — says “The

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Robert Reich, Mythed Up

onsumer sovereignty is the idea that in markets consumers call the shots. In capitalism, most mass production is indeed for the masses, and the masses have a big say in what gets done. All profits and wages of successful businesses come from consumers. But don’t take this too far. Consumers

A Ride on the Private Side

If you’d like to catch a flight without the usual delays and post-911 regulation-inflicted hassles, used to be you had to own your own plane, charter one, or buy a time share in one. Now you can use a smartphone app to book a seat on a private jet —

Job Growth in 2014

President Barack Obama takes full credit for the job growth in 2014. Democrats on the Internet relentlessly push these growth rates with typically goofy superlatives like “highest ever” or “highest growth rate in decades.” So, what did Obama and the Democrats do in 2013 and 2014 that led to the

Bye-Bye, Community Banks

The Dodd–Frank Wall Street Reform and Consumer Protection Act was signed into law in 2010 by President Barack Obama. Its supporters said that would increase financial stability and transparency, prevent bailouts, and protect consumers from “abusive practices.” I’m dubious the new regulatory regime will accomplish any of these goals.  What

The Two Americas

Dear Reader: This “BEST of Common Sense” comment originally aired on July 4, 2007. A longer version published at Townhall.com was picked up by Rush Limbaugh and read on his radio show. —PJ Could Democratic presidential candidate John Edwards actually be right about something? Not where to go to get

Against Enabling Segregation

Rosa Parks, born February 4, 1913, became a symbol of the Civil Rights Movement for her actions on December 1, 1955. Ordered to move from the first row of the “colored” section after seats reserved for white passengers had filled up, Parks refused. “When that white driver stepped back toward us, when

Experience Denied

Jan Ellison is grateful for the low-wage jobs she had as a kid. “The difference from the way my own children are being raised is that I was acutely aware of the financial burden of these [educational and other] pursuits. . . . I made money of my own from age 11 onward.

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