Economics

Center on Wealth & Poverty

La Grippe of the Trial Lawyers

JOHN KERRY wasted no time jumping on President George Bush about the unexpected shortage in flu vaccines this year. Why wasn’t Bush paying attention? He should have done things differently. And of course Kerry had a “plan” to solve the whole mess. If Kerry thinks he can solve the flu vaccine problem, he need look no further than his own Read More ›

How To Deal With Evil

Assume you were on a ship that sank in the middle of the ocean. You, your family and 200 fellow passengers manage to reach a small isolated island where you think you can survive. Assume this happened before the advent of satellites, aircraft, and modern communications. This made it a rescue unlikely for many months, or perhaps years. A fellow Read More ›

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Global Trade Represented

America’s New Jingoes

With markets at last recovering from the turn-of-the-century crash and the attacks of September 11, it is an opportune time to debate America's future in a rapidly changing world economy. America's establishment of liberal economists and media pundits, however, are joining in a cramped new nationalism that jeopardizes the future of American technology and prosperity. Like reactionary jingoes of the past, they are priming John Kerry with the delusional view that the U.S. and its workers are somehow victims of global trade and capital movements. Read More ›

Taxing Questions . . . and Misfires

Have you noticed the press tends to ask the candidates the same old tired questions, whether at a press conference, interview or debate? Yet there are many basic questions on tax policy (and other topics) Americans should have answers to before they vote. Here are some of those questions, which I am urging reporters with access to Mr. Bush and Read More ›

TV News: Blind to Market?

If you managed a business and noticed one of your five major competitors had changed its product design and was gaining market share against your firm and other competitors, what would you do? A decade ago, the world’s automobile manufacturers noticed firms with SUVs in their product line were gaining market share. Companies that produced no SUVs quickly added them Read More ›

Consent of the Governed

If I told you the world is becoming both more and less democratic at the same time, you might reply, “how can that be?”. Follow along and you shall see. Do you believe “Governments are instituted among Men, deriving their just Powers from the Consent of the Governed?” It is not just the overwhelming majority of Americans who believe in Read More ›

Taxes, Truth and CBS

How do you think the sanctimonious people at TV’s “60 Minutes” would portray a company charged by the FCC with “serious indecency violations,” that made expensive settlements with employees and others because of injuries related to asbestos and other hazardous material exposures, underfunded its employee pension, is legally accused of securities violations, employs those who widely distributed forged documents in Read More ›

It Fuels a Debate, Too

William Tucker is a Senior Fellow of Discovery Institute If there is a true difference of opinion in the current presidential race, it is over whether we can achieve independence from foreign oil, especially Persian Gulf oil. “I want an America that relies on its own ingenuity and innovation — not the Saudi royal family.” So said John Kerry at Read More ›

Out to Lunch at Treasury?

If the major departments of government were baseball teams, the Treasury Department would be the New York Yankees. Historically, from the time of Alexander Hamilton, most of the best and brightest in government were in Treasury. Treasury was viewed as the class act. Treasury officials were treated with the respect that officials of HUD (Housing and Urban Development) could only Read More ›

Wealth Creators vs. Protectors

A major reason the liberal elites so hate President Bush is the policies he pushes will reduce their power and influence. Sens. John Kerry and Edward Kennedy, Massachusetts Democrats, claim they are the protectors of the little guy and the middle class. Yet their proposals are designed to protect the elite like themselves who inherited rather than created wealth. Much Read More ›