Apart from the disturbing lack of executive or congressional restraint on the CFPB, such a powerful regulatory body will surely lead to increased costs, reduced credit, and fewer jobs.
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Last week on the Hoover Institution's Uncommon Knowledge, Peter Robinson interviewed George Gilder for a five-segment series exploring Gilder's ideas on the interaction between economics, government, and morality.
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Over at the American Enterprise Institute's Values and Capitalism initiative, Jay Richards answers a few questions about morality and economics, emphasizing that the two can't be addressed separately.
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Discovery co-founder George Gilder was on Lou Dobbs to say that real dependency in the United States is far greater than the 47 percent or so who do not pay income tax.
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Tweet your question to @artofcapitalism by the end of the day tomorrow, Wednesday, September 12, and it may be picked for George to respond to in a video. Read More ›
Thirty years ago Wealth and Poverty challenged not just the governing elite, whose policies had yielded an economy similarly feeble to today's, but also tweaked conservatives, who focused more on balanced budgets and trade ledgers, rather than innovation and growth, as the key metrics of economic virtue.
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Scott S. Powell, a senior fellow of Discovery Institute, has an article in today's Investors Business Daily urging Mitt Romney to be more assertive about the value of his Bain experience.
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Without serious fiscal reform that checks out-of-control government spending and encourages private-sector growth, Powell foresees another financial crisis--one that would be considerably more disastrous than that of 2008.
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