Shadow Financial Regulatory Committee
The Shadow Financial Regulatory Committee (SFRC) is
The Shadow Financial Regulatory Committee (SFRC) is
I have posted this free eBook before, but now a video has been produced for Economic Growth: Unleashing The Potential Of Human Flourishing. The eBook is another primer in the AEI Values & Capitalism series intended for college students, but made available on this site for all to enjoy. The video below is a prelude to the argument made in the book, which is a moral case for capitalism.
Happy U.S. Credit Rating Downgrade Day! Two years ago today, Standard & Poor’s downgraded the U.S. credit rating and, not surprisingly, it hasn’t recovered since. Despite 2012 campaign rhetoric and the liberal-media narrative, the downgrade occurred because the President and Congress failed to resolve the long-term spending and debt crisis. Within that time period, the President has failed to lead, hasn’t proposed any significant reforms, and the situation is even worse.
After reviewing the latest economic news and the Oxford study conducted on the poverty level, I think that the only appropriate responses are as follows. Congratulations! You ignorant liberals who vote based on envious idle-minded delusions of “fair” collectivist societies have been living in an alternate reality. But now it is time to wake up, that is if it’s not too late, because your allergy to truth and reason has destroyed the middle-class.
Daniel J. Mitchell, columnist and economic scholar at the CATO Institute, was in Vienna for the annual European Resource Bank meeting. During a speech about the economic reform in Chile, specifically the system of personal retirement accounts, Mr. Pinera shared a chart that “conclusively shows why good economic policy makes a difference,” as Mitchell put it.
For millions of Americans, it does not feel like it, but the month of June marked the official end to the financial crisis induced “Great Recession.” Although the media may not have conveyed it to the American people, the National Bureau of Economic Research called an end to the recession before Barack Obama ever stepped in office, and it appeared that the economy would recover.
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Earlier today, 100 conservative economists endorsed the immigration reform bill passing through the Senate, and opposed by the Heritage Foundation. The LA Times took a cheap shot on the conservative think-tank for what is now known to be unsubstantiated claims that the researcher used racist slurs in a research report some years back. The Heritage Foundation responded today with a bullet point Blog post defending their research and their position.
Saving the American Dream is the one plan that will balance America’s budget—once and for all. From entitlements to tax reform to government spending, it tackles the big problems. Together, we can change the status quo in Washington.
Margaret Thatcher once quipped about the problem facing modern social welfare states: “They always run out of other people’s money.” Today, in country after country, we are seeing that prophetic remark coming true.
