Bad Economics

February 13, 2009

An Alternative Stimulus

Washington is all atwitter about the “Stimulus,” which is currently being pushed through Congress (without being read by most members). Acton’s own Michelle Muccio has come up with a plan of her own, and did a bit of independent research to see if her proposal would find any support: Continue Reading...

February 13, 2009

An Economic Recovery for the Religious Left

Mark Tooley calls out “emerging church maestro” Brian Mclaren in a piece today in The American Spectator titled “A Real ‘Economic’ Recovery.” I was introduced to Brian McLaren in seminary when new students were required to read his books in introductory classes. Continue Reading...

March 03, 2008

Will Socialized Health Care in the US Kill Canadians?

Don Surber thinks so, and it’s hard to argue his point when you see stories like this: More than 400 Canadians in the full throes of a heart attack or other cardiac emergency have been sent to the United States because no hospital can provide the lifesaving care they require here. Continue Reading...

February 21, 2008

Socialized Medicine Just Keeps Getting More Glorious

As a person with a strong family history of cancer, this story warmed my heart. Oh wait, did I say “warmed my heart”? What I meant to say was “chilled me to the bone“: Created 60 years ago as a cornerstone of the British welfare state, the National Health Service is devoted to the principle of free medical care for everyone. Continue Reading...

January 18, 2008

It Must Be An Election Year, Part II

The Wall Street Journal jumps on my bandwagon: We’re all for putting more money in the hands of the poor and moderate earners, especially via stronger economic growth that will give them better paying jobs. Continue Reading...

January 17, 2008

It Must Be An Election Year

Congressional logic: As the increasingly troubled economy emerges as the trump issue of the 2008 political season, senior congressional Republicans said Wednesday they would put aside demands to make President Bush’s tax cuts permanent if that was what it took to get quick action on a stimulus package… …The White House has not addressed the issue in detail, but Bush, who has been traveling in the Middle East, is scheduled to hold a conference call today with congressional leaders. Continue Reading...

March 05, 2007

A Fallacious – And Damaging – Premise

Via The New Editor, a restatement of a basic economic rule that we all need to remember as government in America swings back to the left. Clive Crook, in the course of reviewing Robin Williams’ Man of the Year, notes the potential unintended consequences if an anti-business mood overtakes our representatives: Case by case, the merit in these proposals varies from substantial (executive pay) to less than none (taxing profits), but put the merits of the individual policies aside. Continue Reading...