81 results for search: Free Market economics


Common Sense Economics: What Everyone Should Know About Wealth and Prosperity

Common Sense Economics: What Everyone Should Know About Wealth and Prosperity With minimum use of jargon, the authors aim to provide concise and organized insight into economics. Targeting both beginners and experienced executives, they teach basic principles and also provide perspective on the influence of political rules and policies on people and nations. Employing the popular convention of “lists,” the authors offer “Ten Key Elements of Economic Theory” (including there is no such thing as a free lunch; hence, we must choose among alternatives since productive resources are limited while human desire for goods and services is virtually ...

The Red Herring of Health Care Freeloaders

In 1986, a law was passed that mandated Medicare-accepting hospitals treat all patients who arrive on their doorsteps, regardless of the ability to pay. Since then, the so-called “freeloader” problem has plagued the American health system. The individual mandate then gained traction as a way to encourage personal responsibility – forcing so-called freeloaders to pay into the health care system they utilize, especially emergency room care. First popularized by the GOP and The Heritage Foundation two decades ago, the individual mandate became a major part of Obamacare. It is critical to Obamacare remaining intact. But how much do “free-load...

Crony capitalism and your tax dollars: The Export-Import Bank

In March, President Obama re-nominated Fred Hochberg as President of the U.S. Export-Import Bank. From Reuters: Hochberg, who has led the export credit agency since May 2009, would have had to step down in July without Obama's fresh endorsement. The Ex-Im Bank provides direct loans, loan guarantees and other types of financing to support U.S. exports. The bank's biggest client is Boeing, the leading U.S. exporter. As part of Obama's economics and trade team, Hochberg has been an advocate for increasing U.S. trade opportunities abroad. According to The Washington Examiner’s Timothy Carney, this is not a cause for celebration: In 2008, candidate ...

Senator Reid Attacks Tea Party

On January 15, Senate Majority Leader Harry Reid again attacked the Tea Party, and urged Congressional Republicans to leave Tea Party “extremism” behind and “learn what legislation is all about.”  What is so “extreme” about the Tea Party’s support of the core principles of: fiscal responsibility, constitutional limited government, and free market economics? After all, those are the basic core principles that made America great. There is something very ugly and unprincipled about Harry Reid’s attack on the tea party movement – on the American citizens that call themselves tea partiers. And while he attacks innocent Americans who ...

News Briefing for Tuesday, March 31

HEALTHCARE: House Tea Party leader signs up for ObamaCare “One of ObamaCare’s staunchest foes in Congress acknowledged for the first time that he has purchased insurance at HealthCare.gov. “For the record, I am on ObamaCare. Yee-hah!” Rep. Tim Huelskamp (R-Kan.) said during a town-hall meeting on Thursday. “My wife complains about it all the time,” he said, according to the Clay Center Dispatch. The disclosure from the chairman of the House GOP’s Tea Party Caucus comes just days after another firebrand conservative, Sen. Ted Cruz (R-Texas), admitted that he was planning to enroll in insurance through ObamaCare…” http...

News Briefing for Monday, March 30

TEA PARTY PATRIOTS: Perry tells tea party group he was right to back Dewhurst over Cruz in 2012 primary Says loyalty bound him to his lieutenant governor, says more of this quality is needed in US politics “Former Texas Gov. Rick Perry told a tea party group Sunday that he supported his lieutenant governor against Ted Cruz in the 2012 Republican primary for the U.S. Senate out of loyalty — a characteristic, he said, that is sorely missing in American politics. During a conference call hosted by Tea Party Patriots, Mr. Perry said he endorsed then-Lt. Gov. David Dewhurst because of the strong relationship they had developed over the years. ...

News Briefing for Friday, March 27

TEA PARTY PATRIOTS: The GOP quandary: How far right without falling over the edge? “…Wisconsin Gov. Scott Walker, who is at or near the top of most early polls among Republicans, likes to boast how he stuck to conservative principles to win statewide office three times in a centrist state. “To win the center, you don’t have to go to the center, you have to lead,” he said last week during a Tea Party Patriots telephone town hall. Tea party loyalists are still somewhat wary of Walker, though, because of past positions on immigration and government support for ethanol, a big issue in Iowa, site of the nation’s first caucus. In 2006, he ...

News Briefing for Thursday, March 26

TEA PARTY PATRIOTS: The GOP quandary: How far right without falling over the edge? “…Wisconsin Gov. Scott Walker, who is at or near the top of most early polls among Republicans, likes to boast how he stuck to conservative principles to win statewide office three times in a centrist state. “To win the center, you don’t have to go to the center, you have to lead,” he said last week during a Tea Party Patriots telephone town hall. Tea party loyalists are still somewhat wary of Walker, though, because of past positions on immigration and government support for ethanol, a big issue in Iowa, site of the nation’s first caucus…” ht...

News Briefing for Thursday, March 19

HEALTHCARE: GOP aims to sink Obamacare with reconciliation But first they have to strike a difficult deal on an overall budget “Senate Republicans want to use a powerful budget maneuver known as reconciliation to go after President Barack Obama’s health care law — particularly if the Supreme Court strikes down key provisions of Obamacare this June. Using the fast-tracking procedure offers some advantage for Republicans, largely because a reconciliation package can’t be filibustered. But it’s not going to be easy. First, House and Senate Republicans need to agree on a budget resolution, which could be difficult with fiscal conserva...

News Briefing for Wednesday, March 18

TEA PARTY PATRIOTS: Scott Walker: I Will Run as a Conservative “…Later in his town hall remarks, Walker criticized the Obama administration's handling of foreign policy challenges posed by the Islamic State and expressed concern about the administration's handling of the Iranian nuclear threat. Walker also responded to a question from Tea Party Patriots President Jenny Beth Martin over his position on ethanol. Her question noted that while Walker had opposed a Wisconsin effort to mandate its use in midgrade gasoline, he recently said in Iowa that he would "go forward on continuing the [federal] Renewable Fuel Standard." Walker responded that ...