George Mason University Economics chair Donald Boudreaux blogs at Cafe Hayek: In his new book, [Thomas] Frank complains that during this time of alleged free-market ascendancy, the lobbying industry in Washington has blossomed and is inflicting great harm on Americans. I agree that the lobbying industry on the Potomac swamp …
U.S. Corporate Tax Rate 50% Higher than Economic Competitors – The Tax Foundation Washington, DC, August 13, 2008 – Tax Foundation President Scott Hodge this morning released the latest Tax Foundation “Fiscal Fact” in response to a new study from the Organisation for Economic Co-Operation and Development (OECD). The OECD …
If Rick Warren hoped to spark more light than heat at the presidential forum he conducted Saturday evening at his California megachurch, then he succeeded. Americans already had seen “firsts” during the primary season’s flood of debates. The news media chased buzz and ratings by allowing voters to ask candidates …
In economics we use a term called comparative advantage: Generally speaking, it is the theory that countries should specialize in the production of goods and services they can produce most efficiently. Sounds simple enough, right? It is often linked to that taboo word, globalization. While globalization is largely responsible for …
The left is still entirely flummoxed about how to respond to conservative dominance on energy issues. The Center for American Progress’ Matthew Yglesias has been reduced to absurdly caricaturing Republican policy proposals. Yglesias writes: [I]t’s worth pointing out that at today’s version of the House GOP’s now-daily “Let’s Drill Everywhere!” …
Under No Child Left Behind, thousands of public school students in the District are eligible to transfer out of their low-performing public school system into a better public school. But the Washington Post reports today that only 34 students have currently applied for a transfer. The story highlights both the …
The Wall Street Journal’s L. Gordon Crovitx makes the case for unilateral free trade by comparing the continued success of Hong Kong to the technology industry: “Unilateral free trade is never an issue,” reports Yeung Wai Hong, publisher of the popular Chinese-language weekly Next Magazine. Unilateral free trade remains policy …
Pakistan President Pervez Musharraf announced today that he would resign Monday, ending his nearly nine years of rule. Musharraf’s exit from Pakistani politics is a an extremely positive development for the future of democracy in Pakistan and for U.S. security. Earlier this year, Heritage senior research fellow Lisa Curtis detailed …
Since July 20, Internet security experts have been tracking coordinated cyber attacks on Georgia’s Internet infrastructure. It is still unclear to what extent the Russian military directly carried out these attacks, but two things are known for sure: 1) the traffic patterns and servers used in the attack are “overwhelmingly …
Tomorrow, Rick Warren, author of the 2002 best-seller “The Purpose Driven Life,” will host John McCain and Barack Obama at his 22,000-member Saddleback Church in Orange County, Calif., where he will question them on matters of concern to evangelical Christians, including poverty, the environment, human rights and AIDS. The standard …
