Monthly Archives: September 2011

Regulations that keep employers from hiring

By Arthur Middleton Hughes Why is unemployment still over 9%? You can hear all sorts of Keynesian explanations which boil down to “The Federal Government is not spending enough.”   But we went deeply into debt to spend $871 billion on … Continue reading

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Antitrust is bad law, bad economics, and bad public policy

by  Robert A. Levy * Congress should repeal the Sherman Act of 1890; repeal the Clayton Act of 1914; repeal the Federal Trade Commission Act of 1914; repeal the Robinson-Patman Act of 1936; repeal the Celler-Kefauver Act of 1950; repeal … Continue reading

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How taxes cause unemployment

By Arthur Middleton Hughes  It is clear that high rates of taxation lower the rate of economic growth, and that states that lower their tax burdens are rewarded with an enhancement in their economic growth. Income taxes levied on individuals … Continue reading

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Why a new recession is quite possible

By Arthur Middleton Hughes The US has been going through a severe recession since 2008. Unemployment by 2011 is at 9.2%. GDP growth is less than 1.5%. Millions of unemployed have stopped looking for work. The picture is bleak. To … Continue reading

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Social Security is a Ponzi scheme

By Arthur Middleton Hughes  A Ponzi scheme is a fraudulent investment operation that pays returns to investors, not from any actual profit earned by the organization, but from their own money or money paid by subsequent investors. The Ponzi scheme … Continue reading

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How Taxes are Hidden from the Public

  By Arthur Middleton Hughes President Obama has repeatedly asked the Congress to increase taxes on “the rich” which he refers to as “Millionaires and Billionaires” at some times, and “people earning more than $200,000 per year” at others.  The … Continue reading

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Build the Keystone XL Pipeline Now

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By Arthur Middleton Hughes  The key reasons for US unemployment are Federal regulations and restrictions on business expansion. One of the most productive of new jobs for Americans is the Keystone XL pipeline from Alberta’s oil fields to the Texas … Continue reading

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Why the free market is successful

By Arthur Middleton Hughes The price system is just one of those formations which man has learned to use…after he had stumbled upon it without understanding it. Through it, not only a division of labor, but also a coordinated utilization … Continue reading

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