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    Four Charts on How Economic Freedom Makes Your Life Better

    Political gridlock, the government shutdown, and Obamacare are making Americans gloomy. But, largely thanks to economic freedom and the free-market system, things aren’t so bad after all. Americans are currently healthier than at any time in history, live in cleaner environments than most of the world, and have access to … More

    Two Things Washington Cannot Ignore

    Members of Congress are still at an impasse—they cannot agree on the debt limit, spending cuts, Obamacare, or funding the government. The House has passed a variety of bills that would have reopened portions of the federal government, but the Senate has rejected them all. As they volley proposals back … More

    Surrender on Obamacare Plus Higher Spending

    According to news reports, Congress is waving the white flag in what appears as a proposal of nearly complete surrender. First, lawmakers would give up on using Congress’s constitutional power of the purse to stop Obamacare. Second, they would give in to liberals’ demands for increased spending on wasteful and … More

    Federal Housing Administration Is Undermining Responsible Housing Policy

    The Federal Housing Administration (FHA) has discrepancies in its loan portfolio that are unlikely to be resolved anytime soon and will continue to pose a burden to the recovery of the housing market. With little more than $32 billion in reserves, the FHA has an estimated $70 billion in future … More

    Apple Wins Latest Round Against Samsung Thanks to the Obama Administration

    Apple achieved another protectionist victory Tuesday in its ongoing battle with South Korea’s Samsung when the Obama Administration decided not to veto an import ban on certain older model Samsung smartphones and tablets. This would not have been news except for a recent Administration decision to veto a similar ban … More

    What the Founders Thought about Debt

    “Neither a borrower nor a lender be,” wrote William Shakespeare in Hamlet. As the Founders were exceptionally well read men, they surely knew the reference. And it’s clear that, when it comes to governing a nation, the Founders were nervous about allowing it to run up too much debt. As … More

    Moody's on Debt Limit: Calling Obama's Bluff on Default

    A voice of reason emerged today among the doomsday predictions over a U.S. government default if the debt limit is not raised by mid-October. The Washington Post reports that Moody’s, a top credit rating service, suggested that hitting the debt limit does not mean the U.S. would default: “We believe … More

    Three Magic Tricks Washington May Try to “Solve” the Debt Crisis

    Yesterday in a press conference regarding the national debt, President Obama stated: “There is no magic wand that allows us to wish away the chaos.” This is true, especially when one considers America’s massive debt and its long-term consequences. However, as Congress and the President (finally) begin to grapple with … More

    Why Japan Should Reengineer Innovation

    The Japanese are good at innovation. It was their reengineering techniques that propelled them to a top world competitor in the 1980s. But since stagnation began 20 years ago, Japan’s skill of innovating is still only good. It needs to be great. Most economies can be categorized by four characteristics: … More

    Why Is Obama Needlessly Scaring Seniors?

    Apparently things aren’t ugly enough in Washington, so President Obama has started scaring senior citizens. “In a government shutdown, Social Security checks still go out on time,” he said last week. “In an economic shutdown, if we don’t raise the debt ceiling, they don’t go out on time.” This scaremongering … More