Frederic Bastiat

No, Hurricane Sandy Won’t Help the Economy

Before the nonsense gets too far out of hand, let's review very briefly why natural disasters aren't a net plus for an economy.

Rethinking Bastiat and Broken Windows: Amity Shlaes

On his blog at the New York Times, Paul Krugman recently evoked the "Broken Window" parable to illustrate the merits of government spending in bad times.

Grandfather’s Millions Make Paul Fan a Political Player

John Ramsey became old enough to buy a Carlsberg nine months ago. The 21-year-old college student from east Texas isn’t old enough to serve in Congress. His intellectual role model, U.S. Texas Representative Ron Paul, has been in Congress 22 years -- longer than Ramsey has been alive.

Merkel Is Cast as Thatcher’s Austerity Goddess

Three decades ago, U.K. Prime Minister Margaret Thatcher was confronted with a nation bordering on irrelevance, a stagnant economy and a set of entrenched beliefs about the relationship between government and the people.

Earthquakes Don’t Add to the Wealth of Nations: Caroline Baum

It takes a crisis, such as the financial meltdown in 2008, to rally support for a Keynesian style fiscal stimulus.

Fire the Fed, Let OPEC Run U.S. Economic Policy: Caroline Baum

The running commentary on the U.S. economy can be reduced to two main themes. The first is that monetary and fiscal policies have run out of bullets. The second is that oil prices are responsible for our current malaise.

Obama Omits Jobs Killed or Thwarted from Tally: Caroline Baum

Can you believe they’re still touting that silly metric?

"Neither industry in general, nor the sum total of national labor, is affected, whether windows are broken or not."

- Frederic Bastiat on Oct 30, 2012

Letta Named Italian Prime Minister as Impasse Ends

U.S. Stock Futures Little Changed Amid Apple, P&G Results

Ford Profit Tops Estimates With Record North Am. Gains

Dartmouth Cancels Class as Students Threatened Over Protests

AP Twitter Account Hacking Exposes Social Media Weakness