Economics


Don’t Bail Out Failing States Like Illinois

By Against Crony Capitalism June 21, 2017   Don’t Bail Out Failing States Like Illinois     Sounds like a case of the “Detroits.” Actually many cases of the Detroits. The government is too big in these states. There are too many state employees. These employees want unrealistic pensions. (What’s a pension?) They lived like […]

Don’t Bail Out Failing States Like Illinois

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent

By Nick Sorrentino Against Crony Capitalism June 20, 2017   The Dow has rallied 3000 POINTS since Donald Trump was elected, Media silent     People seem confused by this rally. Really a rally on top of a Fed induced (to a very large extent) bull market extending back many years. How can this be, […]


Could Illinois be the first state to file for bankruptcy?

By Against Crony Capitalism June 16, 2017   Could Illinois be the first state to file for bankruptcy? (Get ready for a state government employee bailout America)     Here’s an idea. Cut government. Cut the apparatus that has built up around the Cook County political machine. (From CBS)   Illinois residents may feel some […]

Could Illinois be the first state to file for bankruptcy?

Dallas Officials Infuriated They Can’t Impose Eminent Domain (VIDEO)

By Against Crony Capitalism May 30, 2017   Dallas Officials Infuriated They Can’t Impose Eminent Domain     This woman is a good example of why free people should generally never trust government officials. She laments that a property owner is “rich” enough to fight the city of Dallas and as such can protect his […]

Dallas Officials Infuriated They Can’t Impose Eminent Domain

Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal

By Nick Sorrentino Against Crony Capitalism May 2, 2017   Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal     Of course they don’t use the word “cronyism” or the term “crony capitalism.” But that’s what the $5 billion in additional spending is all about – cronyism. Included in the deal […]

Paul Ryan fails again? Democrats celebrate expansion of spending/cronyism in budget deal

What Does Steve Bannon Want?

What Does Steve Bannon Want?

By Hunter Lewis Against Crony Capitalism April 24, 2017   What Does Steve Bannon Want?     This is the title of an article Christopher Caldwell, a senior editor at the “conservative” Weekly Standard, wrote for the New York Times on February 26, 2017. Mr. Caldwell gets to the essence of it when he writes: “Steve […]


Fractional Reserve Airline Seats

By Christopher P. Casey Mises Canada April 22, 2017   Fractional Reserve Airline Seats     Every year, airlines deny thousands of passengers seats on flights due to overbooking.  Airlines use sophisticated modeling to manage overbooking to maximize profits given the reality of passenger no-shows.  Legally permissible under their “contract of carriage” with passengers, fewer than […]

Fractional Reserve Airline Seats

Dr. Paul Craig Roberts

Federal Courts Say Foreigners, Not US Citizens, Are Entitled To Due Process

By Dr. Paul Craig Roberts Paul Craig Roberts.org March 16, 2017   Federal Courts Say Foreigners, Not US Citizens, Are Entitled To Due Process   The US Constitution applies to US citizens, and the amendments known as the Bill of Rights guarantee due process as a protection of US citizens’ civil liberties. That’s the theory […]


Economic Wisdom From Harvard

By Hunter Lewis Against Crony Capitalism March 13, 2017   Economic Wisdom From Harvard     And from that rarity, A leading Republican Harvard economist. Many years ago, the mass circulation Reader’s Digest had a feature titled “Humor in These United States.” The following would have qualified for inclusion.   Greg Mankiw, author of a leading economic textbook, […]

Economic Wisdom From Harvard