Opinion
Longing for a return to policy
As we near the general election finish line, and as the race continues to focus on the personalities, Americans would benefit by returning to policy debates.
Opinion
White House title-insurance waiver program would hurt NC residents
During the State of the Union, President Biden announced an array of proposals aimed at making homeownership more accessible for those who have struggled to enter the housing market. While the administration’s efforts to expand homeownership are admirable, one program in particular — which would waive title-insurance requirements on refinancing transactions for certain borrowers — would...
Opinion
Threats to liberty after 9/11, foreign and domestic
I was 17 and a senior at Habersham Central High School in Georgia. I had just finished my first-period Human Anatomy class and was walking into my second-period class. As I entered the room, I looked to my right and saw, surprisingly, that the television was on. It was playing a video of an airplane...
Opinion
GOP-led legislature made sure we saved for this rainy day
North Carolina now consistently ranks among the best states in which to do business.
Opinion
Allison Shows That Damage To Financial System Worse Than We Knew
Former BB&T chairman and CEO John Allison has put together a fascinating new book explaining what he learned about government and financial regulation over 20 years inside the system.
Opinion
Freeze Details Iceland
In this relatively short but highly illuminating book, economics professors Philipp Bagus and David Howden (both of whom are schooled in Austrian theory) explain the collapse of Iceland’s economy in 2008. Why bother with the difficulties of that little nation (population 313,000) in the remote North Atlantic? The reason is that the Icelandic debacle stemmed from exactly the same governmental blunders that have caused so many other boom and bust cycles around the globe. Iceland’s horrible recent experience has important lessons for Americans — indeed for people everywhere.
Opinion
Authors: Toxic Mix of Government Intervention Perverts Free Market
Kevin Dowd offers a classical liberal perspective on macroeconomic policy and specifically central bank policy. Having written extensively on free banking, he concludes that a thorough decentralization of the banking business is essential to enduring macroeconomic stability. Martin Hutchinson is a seasoned investment banker turned financial journalist. His first-hand, nuts-and-bolts knowledge of modern financial markets undergirds his broader perspective. Together, Dowd and Hutchinson provide an enlightening account of the long-run trends and shortsighted policy actions that culminated in the worst financial crisis since the Great Depression.
Opinion
How the Mighty Have Fallen
Bank of America, Wachovia, and other institutions saw a financial wave in the mid-2000s and decided that they couldn’t afford to let it pass them by.
Opinion
The Consensus Tax Cut
it’s worth taking a moment to underline a key area of agreement: that North Carolina’s corporate-income tax is burdensome, complex, and harmful to the state’s economy.
Opinion
Obama-Wall Street Scam Exposed
Far from advocating a minimal, night-watchman state, the big Wall Street firms earn such enormous profits from financing federal debt that a shrinking state is the last thing they would ever want. An expanding government that borrows heavily guarantees buckets of money in their coffers — far more than the big firms make from the difficult work of business finance.
Opinion
It’s Popular to Be Populist
No clearer example can be found of big government and big business colluding against the public interest than the past three years of bailouts and fake stimulus.
Opinion
The Battle Short But Informative
Arthur C. Brooks’ The Battle is the best of three recent books I have read in an attempt to understand the Wall Street crash. ...At just 128 pages, not including the notes or index, the book is a short, easy read, and the reader will not get lost in a maze of acronyms. After finishing The Battle, I agree with Newt Gingrich’s assessment in the forward of the book. “Every American concerned about their country’s future and worried about the radicalism of the Obama-Pelosi-Reed machine should read The Battle. It is the ammunition with which to save our country and change our history for the better.”
