Increasing productivity is the key to wealth creation. Investment in capital goods and the division of labor are the key factors to rising productivity. Government hampers productivity through interventions like…
This week, Dr. Roy Cordato wrote a research brief for the John Locke Foundation on the Federal Reserve. In it, Dr. Cordato explains the Federal Reserve plays a central role…
Former Louisiana governor Bobby Jindal provides a picture of the true costs of what Progressives and Democratic Socialists call “free.” He notes that many people have never seen a better…
From the Asheville Citizen-Times: Long lines were starting to form around Asheville gas stations Wednesday morning as several drivers wanted or needed to fill up their tanks before shortages could be seen across the…
Every so often, the Wall Street Journal runs an op-ed from someone who is a full-throated advocate of the Mega-state. Yesterday, Ralph Nader contributed such a piece, arguing in favor…
I really cannot long ponder the reaction to gasoline price spikes in the Charlotte region. I get violently ill — or maybe just violent. So much stupidity on so many…
While I’ve advocated raising the price of water when supply tightens, local governments have focused on encouraging conservation and subsidizing the purchase of water-saving devices such as low-flow shower heads.…
During the current debate over government regulation, it’s an opportune time to read the entry on “capitalism” in American Conservatism: An Encyclopedia (ISI Books, 2006). Among the more interesting discussion…
Bush’s remarks address demand (and made the headline here), but this article is mainly a reminder that heating oil, gasoline, and natural gas problems –even absent terrific hurricanes–are supply issues.…
You’d think The Wall Street Journal would understand supply and demand, but evidently not, based on a recent story with this headline: “Demand for Oil Could One Day Outstrip Supply.”…