What government did for housing pre-2008 is essentially what it's been doing in the student loan market for years, as well. Moreover, it's about to go from bad to worse.
Lawrence W. Reed is president of the Foundation for Economic Education in Irvington, N.Y. and Atlanta, Ga.
June 24, 2014, 3:23 PM EDT
June 9, 2014, 4:45 PM EDT
Mark Spitznagel unleashed 18 baby goats on Detroit to clean up the nation's largest bankrupt city - which forced him to abandon his urban renewal effort.
May 13, 2014, 1:48 PM EDT
On May 5, 1925, an arrest warrant was served on public school teacher John T. Scopes on charges of teaching evolution in violation of the Butler Act. Today, it's far more likely he would be arrested for NOT teaching it.
February 27, 2014, 3:02 PM EST
Is it too much to ask of government that it do a small job right before it takes on a much bigger one? If you're wearing the sight-proof blindfolds that government worshipers wear, the answer is probably "YES."
February 3, 2014, 2:58 PM EST
Economists (the good ones, anyway) are often frustrated by the difficulty in explaining economics to people who put their good intentions or, in some cases their partisan political agendas, ahead of clear thinking.
March 21, 2013, 10:02 AM EDT
No Welfare State of the last 3,000 years improved a people's character, enhanced their liberties, or put their government's finances on a solid footing. Just the opposite.
February 19, 2013, 10:26 AM EST
If you marinate your kids in the wrong values as they're growing up, don't be surprised if they end up screwed up, or in jail, or both.
January 30, 2013, 9:46 AM EST
Who was the last U.S. president to write all of his own speeches and deliver more speeches than any of his predecessors?
January 25, 2013, 9:40 AM EST
Increasingly, genuinely good people don't bother to run for office, so we're left all too often with dirtbags and demagogues in government.
January 16, 2013, 5:20 PM EST
Private coinage was banned because it worked. Governments don't care much for competition or for sound and honest money.
December 26, 2012, 2:01 PM EST
Grief weighs heavily this holiday season in the hearts of virtually every citizen of America in the wake of the Newtown school shooting earlier this month.