Archive for September 3rd, 2010

The Flaws of Social Security


Friday September 3rd, 2010   •   Posted by Anthony Gregory at 6:13pm PST   •   1 Comment

Far from being an investment program, Social Security is a pay-as-you-go operation where new revenues are spent immediately and future entitlements are funded exclusively through the promise to tax workers in the future, many of whom haven’t even been born yet. It is taxation without representation in the most cynical sense. The program is...
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Is Democratic Reform of Deficit Finance Possible?


Friday September 3rd, 2010   •   Posted by Emily Skarbek at 12:34pm PST   •   0 Comments

For many, economic logic and application to a wise management of finances is a chore considered best left to the “professionals”. After all, crunching numbers given the vast array of rules and regulations can be taxing (pardon the pun). However, debt finance is a particular economic subject that can be easily understood and just...
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Entrepreneurs Know What the Federal Government Doesn’t


Friday September 3rd, 2010   •   Posted by David Theroux at 12:53am PST   •   0 Comments

In my recent article in Investor’s Business Daily, I discuss the enormous harm from and hypocrisy of federal economic policies as they inhibit private entrepreneurship. The current era has been dubbed the “Information Age,” and well it is. Never before has so much information been available so broadly and on such a level of...
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The Costs of the Federal Bailouts


Friday September 3rd, 2010   •   Posted by William Shughart at 12:12am PST   •   0 Comments

Ever since the bursting of the real estate bubble became evident at the end of 2007, Washington has been on a spending spree to avert events that, in its collective judgment, threatened the stability and solvency of the U.S. financial system and economy as a whole. Although the U.S. economy has experienced recurrent cycles...
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