Economics

What has suddenly become obvious is the extent to which President Obama’s imprudent policy-making decisions have compounded problems with unintended and unacceptable consequences. Now that Iraqi and Libyan oil may be at risk of going off-line as a result of terrorist control, Obama’s recent decision to block construction of the Keystone XL pipeline, which would transport 1 million barrels of Read More ›

What has suddenly become obvious is the extent to which President Barack Obama’s imprudent policy-making decisions have compounded problems with unintended and unacceptable consequences. Now that Iraqi and Libyan oil may be at risk of going off-line as a result of terrorist control, Obama’s recent decision to block construction of the Keystone XL pipeline, which would transport a million barrels Read More ›

Just when you expect President Obama to moderate his domestic economic policies that have stifled job growth and fostered an anemic recovery following the passage of his two signature pieces of legislation — the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Affordable Care Act — it gets worse. Now, after bringing banking and healthcare — about 31 Read More ›

If the U.S. government was a parliamentary system, Barack Obama’s Democratic Party rule would have collapsed by now with a vote of no-confidence. In our Constitutional system of fixed terms and elections, there may be no clearer sign of an impending political realignment then when a respectable congressional majority leader goes down in a primary defeat to an underfunded, almost Read More ›

A sturdy bicycle built of recycled cardboard and sold to the world’s poor for $20 apiece? This story broke in 2012, complete with a YouTube video of inventor Izhar Gafni toodling around his Israeli settlement town on a beautiful white prototype, the cardboard rendered surprisingly strong through an innovative combination of origami-style folds, glue, and varnish. But two years later, Read More ›

Just when you expect President Obama to moderate his domestic economic policies, which have stifled job growth and fostered an anemic recovery following the passage of his two signature pieces of legislation — the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Affordable Care Act — it gets worse. Now, after bringing banking and health care — about Read More ›

This article, published by The New York Times, mentions Discovery Institute Senior Fellow George Gilder: As governor of Florida, Jeb Bush flew in Ivy League social scientists for daylong seminars with his staff and carved out time for immersive brainstorming sessions he called “think weeks.” A voracious reader, he maintains a queue of 25 volumes on his Kindle (George Gilder’s Read More ›

With memories of OPEC’s oil embargo and the cartel’s ongoing ability to manipulate markets, it should be cause for celebration that the United States is on the cusp of energy independence and lower prices. So it is puzzling that President Obama and the Senate Democratic leadership have recently taken actions to hold up Keystone XL pipeline construction, which is key Read More ›

With memories of OPEC’s oil embargo and the cartel’s ongoing ability to manipulate markets, it should be cause for celebration that the U.S. is on the cusp of energy independence and lower prices. So it is puzzling that President Barack Obama chooses to holdup Keystone XL pipeline construction, which is one of the three legs of U.S. energy independence. Because Read More ›