The Economic Case Against a Military Draft

Walter Williams can always be counted on to provide insightful analysis into current events and his economic acumen is second to none. While Rep. Charles Rangel is busy making the political case for restoring the military draft, Williams picks his arguments apart by clearly illustrating that the draft would only shift the financial burden of [...]

The Seductive Snowballing of Government

So far I have not noticed any local mention of Saturday’s New York Times article featuring greedy, villainous, predatory payday lenders in New Mexico. At least that is the impression you get from reading the article that is not on the editorial page (“Seductively Easy, Payday Loans Often Snowball”):
While such lending is effectively banned in [...]

And We Are Thankful for Larry Reed

Larry Reed is thankful for think tanks. RGF is thankful for Larry Reed.
Don’t overlook this priceless insight about the first Thanksgiving.

RGF Welcomes Larry Reed to NM

We are proud to welcome Larry Reed of the Mackinac Center for Public Policy to New Mexico for a short visit. Larry is one of the most influential and productive leaders of the state based think tank community. His productive and articulate defense of classical liberalism has made a positive difference in all our lives; [...]

Wal-Mart as an anti-poverty campaign

While Richardson bashes Wal-Mart for offering “substandard” wages and health care benefits, millions have been lifted out of poverty by Wal-Mart, in China, other developing nations, even in the US. Why would Richardson want to prevent New Mexicans from obtaining this kind of benefit? Would we not see similar effects on standard of [...]

Finally, An Explanation for Corporate Compensation

Anyone who reads this blog regularly won’t be surprised to find out that once again, it is government meddling that has created what many see as a problem. However, this one, like the price of oil, is being blamed on companies and few are discussing the real issue.
Tech Central Station has the first article [...]

Wrong Reason for Veto of Stem Cell Funding

My view is that stem cell research has the potential to improve our lives significantly. Yet I hope the president follows through on his veto threat. My reason:
By its very nature, government politicizes everything it touches. Science is no exception. Stem cell research needs neither government money nor politics. It is better is to get [...]

Limited Government Blog

It’s always nice to discover a new, well-written defense of liberty. Check out this blog by economist Jeffery Alan Miron.
HT: Newmark’s Door

Basic Economics, Basic Morality

Economic growth depends on division of labor. Division of labor depends on freedom of trade. Freedom of trade depends on, in the words of Adam Smith, “the obvious and simple system of natural liberty.”
So writes P.J. O’Rourke in a column for the Weekly Standard about Adam Smith’s lesser known book, The Theory of Moral Sentiments. [...]

Honor your Country – remember your right to property.

This Fourth of July, let us respect all of the rights enshrined by the founding fathers. Just as important – but often respected much less – as the right of freedom of speech, freedom of worship, and suffrage, is the right of property.
In fact, it is an even more basic right than many that [...]

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