Thanks to Market Innovation Americans Live Better for Less
According to economist Mark J. Perry a consumer doing some Christmas shopping in December 1964 with a budget of $750 could have purchased a single Sears Silvertone Entertainment Center...
About: Bob Adelmann
Posts by Bob Adelmann
Each Chevy Volt Costs Taxpayers $250,000
The Mackinac Center for Public Policy just released a study showing that by the time all federal and state loans, grants, subsidies, and tax credits are figured in, each...
“The Economist” Rewrites History
In last Saturday’s print edition of The Economist magazine (left), staff writers attempted to compare today’s Internet with the publication of Martin Luther’s 95 Theses in 1517. Claiming that...
China’s Economic Implosion Accelerates
On Monday, Gordon Chang, the author of The Coming Collapse of China and regular contributor at Forbes.com, was interviewed on Yahoo’s Daily Ticker, where he observed, “If you look...
North Korean Dictator Kim Jong-Il Dead at 69
North Korea’s official government-controlled media announced that the country’s “Dear Leader,” Kim Jong-Il, died on Saturday at age 69 from “physical and mental overwork.” A teary-eyed TV anchorwoman claimed,...
Is the Economy Slowly Gaining Momentum?
Zachary Karabell, writing at The Daily Beast on Thursday, claimed that the latest numbers on the US’s economy were showing some modest improvement. After reviewing comments from the Federal...
Bill of Rights Day: a Day of Celebration or of Mourning?
The Cato Institute’s newspaper ad reminding citizens that December 15th was Bill of Rights Day summarized the desperate shape those first ten amendments to the Constitution of the United States is...
Licensing Tour Guides is Unconstitutional, says the Institute for Justice
In its press release on Tuesday the Institute for Justice announced it is going to bat for the freedom of tour guides in New Orleans to speak. The city...
Trump Cancels as Debate Moderator, Claiming Republicans Blackmailed Him
Donald Trump’s announcement on YouTube on Tuesday night that he was cancelling the Republican presidential candidate debate scheduled for December 27 tried to pin the blame on the Republican Party....
Gresham’s Law at Work: Pennies and Nickels Are Disappearing
When Kyle Bass defended his decision on BBC Radio Hard Talk on November 17th to purchase 20 million nickels, he was just putting Gresham’s Law into operation. Bass, the founder...
Dependency on Government Continues to Grow
Conservative economist Robert Higgs' (pictured at left) warnings about the Heritage Foundation’s Index of Dependence on Government were already outdated when they were published on Thursday. The updated statistics from...
The European Union Agreement: “Too Little, Too Late”?
As reported by Annika Breidthardt for RealClearMarkets.com, the latest European crisis summit that ended last weekend resulted in “a historic agreement to draft a new treaty” which she then...
Back-Door Bank Runs in Europe Have Started
In his interview at King World News, James Turk, founder of GoldMoney and author of The Coming Collapse of the Dollar, noted in his travels around Europe that “there...
MF Global Head Jon Corzine’s Statement Challenged by Ann Barnhardt
In testifying yesterday before the House Committee on Agriculture, Jon Corzine, former head of failed MF Global — which took customers' funds for its own use when it had...
“Merkozy” Letter to EU: Now Is the Time to Strip Countries of Sovereignty
In his candid appraisal of the letter from Germany’s Angela Merkel and France’s Nicolas Sarkozy to the European Union meeting that starts Friday in Brussels, Dan Murphy makes clear...
“Merkozy” Letter to EU: Now Is the Time to Strip Countries of Sovereignty
In his candid appraisal of the letter from Germany’s Angela Merkel and France’s Nicolas Sarkozy to the European Union meeting that starts Friday in Brussels, Dan Murphy makes clear...
Did Romney Make a Mistake in Turning Down Trump’s Debate?
Republican presidential candidate Mitt Romney declined Donald Trump’s invitation to participate in his December 27 debate, sponsored by Newsmax Media and ION TV in Des Moines, Iowa, saying “We...
Harvard Professor Calls OWS Protesters “Inchoate”
After being asked about the walkout of a few of his students from his Economics 10 class on November 2, Harvard professor Greg Mankiw (left) responded with an open...
The Story Behind the Best- and Worst-Run States
In its second annual survey of the best- and worst-run states, 24/7 Wall St. noted some significant changes but the same message: “States can do a great deal to...
Trump: Will Moderate Presidential Debate; May Run Himself; Doesn’t Want To
Donald Trump told Bret Baier on Fox News’ "Special Report” last Friday that he might still run for President this election cycle. "If I endorse somebody, I’m with that...
