10 Updates

A Brief History of American Prosperity by Guy Sorman

Source: City Journal, Dec 12 2012, 4:52pm CST

Until recently, the Federal Reserve had maintained a predictable currency, encouraging investment. Worry over Americas recent economic stagnation, however justified, shouldnt obscure the fact that the American economy remains Number On ...

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Update
10

3 hours ago

Economy needs both reform and investment

Source: The Washington Post  |   May 22 2013, 6:46pm CDT

One way President Obama can begin to put the IRS scandal behind him is by proposing comprehensive tax reform. Beyond the usual Washington theatrics, the real problem is that the U.S. tax code is unbelievably complicated, clocking in a ...

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Update
9

6 hours ago

'Laissez-Faire, Laissez-Passer

Source: Term Paper Warehouse   |   May 22 2013, 3:47pm CDT

Chapter 3 - ''Laissez-Faire, Laissez-passer''. Liberalism suffers from something of a personality disorder. The term means different things in different contexts. In the United States today, for example, a liberal is general regarded as one ...

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8

7 hours ago

Five Reasons Immigration Creates Economic Benefits

Source: Openmarket.org  |   May 22 2013, 2:24pm CDT

First, if each new immigrant lowers living standards, new people also lower living standards, but without new people, America’s economy would lack the workers that it needs to operate. This highlights an economic principle that economist ...

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Update
7

7 hours ago

Read an Excerpt of ‘Foreign Policy Begins at Home’

Source: ABC News  |   May 22 2013, 2:17pm CDT

Excerpted from FOREIGN POLICY BEGINS AT HOME: THE CASE FOR PUTTING AMERICA’S HOUSE IN ORDER by Richard N. Haass by arrangement with Basic Books, a member of the Perseus Books Group, Copyright © Richard N. Haass, 2013. Introducti ...

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6

8 hours ago

Iceland’s Post-Crisis Economy: A Myth or a Miracle?

Source: Wall Street Pit  |   May 22 2013, 1:15pm CDT

Icelandic voters recently ejected its post-Crisis government – a government that successfully avoided economic collapse when the odds were stacked against it. The new government comprises the same parties that were original ...

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5

10 hours ago

Business news and markets: as it happened - May 22, 2013

Source: The Telegraph  |   May 22 2013, 11:45am CDT

In the current economic context we must mobilise all our policies in support of competitiveness, jobs and growth. The supply of affordable and sustainable energy to our economies is crucial in that respect. This is why the European Council agreed ...

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4

11 hours ago

Why Stocks Are On Solid Footing And This Is No Bubble

Source: Forbes  |   May 22 2013, 10:58am CDT

The market is on a tear, up 17% so far this year for the S ...

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Update
3

11 hours ago

The argument today isn’t about assimilation. The argument today is about who “gets” America...

Source: The New Advent  |   May 22 2013, 10:44am CDT

If this country had been founded by men owing allegiance to orthodox eighteenth century Catholicism, instead of an Anglo-Protestant tradition informed by Enlightenment values, it would have taken a very different form indee ...

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2

13 hours ago

These Three Facts Prove That America Needs More Immigrants

Source: Silicon Alley Insider  |   May 22 2013, 8:53am CDT

America finally has an opportunity to establish a sensible immigration policy in the coming months. Google founder Sergey Brin was born in Russia. He immigrated to the United States at the age of 6. The effects of the policy wi ...

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Update
1

13 hours ago

Live Blog: Fed Chairman Bernanke Faces Lawmakers

Source: Wall Street Journal Blogs  |   May 22 2013, 8:47am CDT

Bernanke walks through major headwinds to the economy over the past four years, and how some of them are finally improving: 1) The housing market is picking up, due to low mortgage rates and improved homebuyer s ...

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