The latest video from the Center for Freedom and Prosperity debunks Keynesian economics. Politicians and journalists who fixate on consumer spending are putting the cart before the horse. Consumer spending generally is a consequence of growth, not the cause of growth. This Center for Freedom and Prosperity video helps explain […]

By Robert Romano – The European Union (EU) is on the brink of failure, and the lesson should be telling here across the pond. The problems seem fairly straightforward. The debts of these EU member states are growing faster than their economies, and they are growing larger […]

By Adam Bitely – On November 27th, 2010, American Express along with several non-profits , encouraged people to participate in a national Small Business Saturday , similar to shopping holidays like “Black Friday” and “Cyber Monday” where Americans would change their normal shopping patterns and intentionally devote their resources towards small businesses identified by […]

By Howard Rich – As the European economy grapples with yet another bailout of a bankrupt sovereign state, a storyline is emerging that seeks to frame this latest instance of government interventionism along deliberately disingenuous lines. According to this misleading narrative, Ireland’s abysmal fiscal condition […]

By William Warren – I drew this cartoon for Thanksgiving in 2008. I hoped that this would still not be appropriate today, but alas, it is. Happy Thanksgiving everyone!

By Bill Wilson – On November 3rd, the Federal Reserve lowered its outlook for the U.S. economy in 2011, projecting lower growth and higher unemployment than it had in its June estimates, based on the now-released minutes of that meeting . In June, growth had been predicted to be from 3.5 to 4.2 percent, but […]

By Robert Romano – The world is plotting against Paul Krugman’s economic central planning scheme.  At least, that’s what we’re supposed to believe, based on his recent contribution to the national political dialogue, “Axis of Depression.” In this piece, Krugman has a theory about recent Republican criticism […]

By Rebekah Rast – Americans might be celebrating New Year’s a little differently this year. Unless Congress is able to compromise on big-ticket items like the expiring 2001 and 2003 tax cuts before Dec. 31, 2010, New Year’s resolutions will consist of more ways Americans […]

By Robert Romano – One curious effect that is becoming evident from the Fed’s ongoing easy money, low-interest rate policies, most recently with beginning purchases of $600 billion of U.S. treasuries, has been to stimulate overseas investment, where emerging markets are growing substantially, reports Bloomberg News . “U.S. corporations have […]

This is a great video on the modern history of U.S. government spending.