My friend Mark Skousen for two decades has argued that the GDP statistic is incomplete. It’s misleading as a stand-alone statistic. It’s based on Keynesian demand-side assumptions. What is needed is a supply-side approach. He offered it. Sadly, it was ignored for years. But in an amazing development, the federal government has now adopted it […] READ MORE
Quick Observations on Inflation in the 1970′s
“Gold bugs” take it for granted that it was no coincidence that the US got hit with stagflation in the 1970′s, because Richard Nixon infamously severed the dollar’s last tie to gold in 1971. Others, however, dispute this connection. So I thought it worthwhile to make a simple case in defense of the gold bugs: […] READ MORE
How to Advance Liberty Through Politics
With midterm election season in full swing, and coming off of my recent interview with the great Murray Sabrin for the Lions of Liberty Podcast, it seems like an appropriate time to examine the role of political action when it comes to advancing the ideas of liberty. As I see it there are generally three […] READ MORE
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I rarely write rebuttals to articles, but sometimes an article is written that is odious and ignorant enough to warrant a counter-article in order to clear the air of the pollution that these mole-sighted “journalists” vomit into our collective consciousness. The article of note in this case is an editorial by conservative hack Michael Goodwin, […] READ MORE
Reporter Pushes Asks For One Accomplishment From Clinton and Gets Nothing
When pressed by Associated Press reporter Matt Lee at a Tuesday press conference, State Department spokeswoman Jen Psaki was unable to name a single “tangible achievement” from Secretary of State Hillary Clinton’s 2010 Quadrennial Diplomacy and Development Review. In 2009, Clinton announced the State Department would begin conducting routine performance reviews in the QDDR. The […] READ MORE
John Kerry Tries To Explain How The Cold War Was Easier Than Foreign Policy Today
Displeased with the Obama administration’s track record on foreign policy? Whatever you do, don’t blame Secretary of State John Kerry. Or President Obama, for that matter. Apparently, that pesky Iron Curtain was actually a godsend. And it was so convenient to lump all our enemies into a single hemisphere. And being on the verge of […] READ MORE
$100K Study to Count How Many Birds Fly Into Rebuilt Minnesota Bridge
At the behest of the National Park Service (NPS), the Minnesota Department of Transportation (Mn/DOT) is planning to spend $100,000 of federal highway funds on a study to count the number of birds that are killed flying into a rebuilt bridge over the Mississippi River. The study would “determine the effect of bridge size and […] READ MORE
Video: This Dad’s Home Video Trumps Common Core Education
YouTube channel “Smarter Everyday” has a new video out that explains why balloons seemingly choose to defy the laws of physics in a minivan. Alright, there’s a much simpler and more intelligent explanation for the “baffling balloon behavior.” But it’s more fun to let this dad explain it to his kids, at least one of […] READ MORE
Senator Blumenthal Wants You To Know Train Safety Is Very Important
During a track-side speech on railway safety Friday, Sen. Richard Blumenthal (D-Conn.) unintentionally demonstrated just how important railway safety is. Watch what happens as soon as the surprised senator says: “Safety, as you know, is paramount.” Yes it is, senator, yes it is. The video may go viral, but not for the reasons you would […] READ MORE
Liberal News Host Slams Democrats For Not Campaigning On Obamacare
MSNBC host Melissa Harris-Perry had a bold suggestion for Democrats she believes lack “swagger” going into November’s midterm elections: tell voters to “just deal” with health care plans canceled due to Obamacare. The hyper-liberal cable news host bemoaned what she views as the Democratic Party’s unwillingness to campaign hard on their “accomplishments.” She likened this […] READ MORE
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