We'll Be Broke

Another "successful" government program like cash for clunkers, and we'll all be broke...

Edmunds.com, the premier resource for online automotive information, has determined that Cash for Clunkers cost taxpayers $24,000 per vehicle sold.

Nearly 690,000 vehicles were sold during the Cash for Clunkers program, officially known as CARS, but Edmunds.com analysts calculated that only 125,000 of the sales were incremental. The rest of the sales would have happened anyway, regardless of the existence of the program.

Read the rest here.

Maximum Confusion over Minimum Wages

by D.W. MacKenzie, Mises Daily

"Common sense and a few basic concepts can guide most people through economic issues — provided that our thoughts overshadow our emotions. One small step of reason on the minimum-wage issue could be a giant leap for all mankind."

Read the entire article here



Special thanks to the Ludwig von Mises Institute

The Case for Freedom and Wealth Creation

You've never seen data presented like this. With the drama and urgency of a sportscaster, statistics guru Dr. Hans Rosling debunks myths about the so-called "developing world." He makes his point very clear - wealth and freedom creates better societies.

Click on Hans to watch the video

So Bad, It's Not Even Wrong

Michael Shermer on Michael Moore's documentary, Capitalism: A Love Story:

"In this latest installment in his continuing series of what’s wrong with America, Michael Moore takes aim at his biggest target to date, and the result is a disaster. The documentary is not nearly as funny as his previous films, the music selections seem contrived and flat, and the edits and transitions are clumsy, wooden, and not nearly as effective as what we’ve come to expect from the premiere documentarian (Ken Burns notwithstanding) of our time. And, most importantly, the film’s central thesis is so bad that it’s not even wrong."

Read the rest here.

No Dissent Allowed

The Reasons for Meetings

"What makes the sheer volume of office meetings even more remarkable is that there are only two possible reasons for any meeting: 1) Come listen to me talk, and 2) Come listen to me talk and then share the blame when this horrible idea explodes in my face. That's it. That is every meeting."

Charlie Grandy, a writer for "The Office" Forbes

A Prison for the Human Soul

Dan Mitchell delivers a short, on-the-target plea for smaller government.

Takings Versus Regulation

The Initiative for Public Choice & Market Process at the College of Charleston will present a lecture from University of Chicago Law professor Richard Epstein entitled "Takings versus Regulation: Where in Lies the Difference?" The lecture will be held on October 8 in the Beatty Center's Wachovia Auditorium begin at 7 p.m.

Richard A. Epstein is the James Parker Hall Distinguished Service Professor of Law at the University of Chicago, where he has taught since 1972. He is also the Faculty Director for Curriculum, and the Director of the Law and Economics Program. Epstein is author of the book Takings: Private Property and the Power of Eminent Domain.

This event is free and open to the public. It is sponsored in part by the Bastiat Society and the College of Charleston Pre-Law Club.

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