Obama’s Roadmap For Economic Destruction

This Bloomberg article is like a roadmap for destroying an economy. France under François Hollande is the Progressive’s ideal state where the “rich” pay for the poor’s welfare benefits. One could say it is the same roadmap that Obama’s Progressive agenda is following. It is one that fails to understand how economies work. The result [...]


We’re No. … 5! World Competitiveness Rankings

The World Economic Forum’s annual rankings of countries by their competitiveness on the world economic stage were announced today. And the results … We’re No. 1 No. 5!

Geneva, Switzerland, 7 September 2011 – Switzerland tops the overall rankings in The Global Competitiveness Report 2011-2012, released today by the World Economic Forum. Singapore overtakes Sweden for second [...]


‘Regime Uncertainty’ — Not Just A Theory

I saw a quote from Professor Robert Higgs on regime uncertainty today and it struck a chord because there were two stories (see below) that exemplify its meaning. Higgs defines regime uncertainty as follows:

… As I understand regime uncertainty, it has to do with widespread inability to form confident expectations about future private property rights in [...]