Georgian Ambassador Vasil Sikharulidze spoke to an overflow crowd of over 200 yesterday at The Heritage Foundation. You can watch the entire event here. The Ambassador began his remarks: Before 8/6 I never would have anticipated having to speak about Russian invasions and occupations or things that the free world …
Yesterday all three major financial indexes fell after an article in Barron’s reported the Bush Administration is planning to exercise the authority to recapitalize Fannie Mae and Freddie Mac. A Treasury spokeswoman denied the report, but FusionIQ CEO and equity-research director Barry Ritholtz told the AP: “You don’t pass that …
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 …
