19
Nov
08

Worthy Reads

Worthy Reads

Socialism Is Slavery. Walter Williams aptly summarizes the coercive nature of redistributionism.

Paulson’s Keystone-Cop Bailout Policy. President Bush has ceded economic policy to his Treasury Secretary, but Hank Paulson has a reverse-Midas touch. As John Stossel notes, the market seems to go down every time Paulson pipes up.

Subsidizing Reckless Behavior. Politicians specialize in bad law, but sometimes they go above and beyond in their search for foolish policy. The mortgage bailout is a good example. As a San Francisco news article explains, feckless government policy creates an incentive for people to default on their mortgages.

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