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12 Keynesian Insights To Blow The Mind Of Larry Kudlow

Recently Larry Kudlow has been outlining his 12 Step Plan to Free Market Prosperity and both implicitly and explicitly unleashing a tirade against Keynesianism, as if Keynesianism is the cause in fact...

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Ted Lilly Just Set The Bar For The MLB Free Agent Market

The Los Angeles Dodgers signed 34-year-old starting pitcher Ted Lilly to a three-year, $33 million contract yesterday. As the first free agent to sign a deal, Lilly sets the baseline standard for...

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Why China's Next President Will Be An Improvement On Hu Jintao

The heir apparent to the Chinese presidency is a free-market, libertarian intellectual -- relatively speaking. Xi Jinping's ascendency was established on Monday when he was promoted to chairman of the...

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Now The World's Leaders Want A Free Trade Area Of The Pacific Ocean

Today leaders from 21 different countries around the Pacific Ocean began meetings with the aim of setting up a free trade area around the region, according to the AP. Countries that would be involved:...

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RIDICULOUS: Internet "Kill Switch" Bill Won't Die

A bill to provide a so-called Internet "kill switch" just won't die. It should. The bill is being floated again by Sen. Susan Collins (R-Maine), even though a previous version died in committee. The...

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END OF AN ERA: Castro Resigns From Party Leadership And Calls For Liberalization

Fidel Castro, 84, announced his resignation from leadership of the Cuba Communist Party today in an article published on Cubadebate.cu. Along with the changing face of the Communist Party comes the...

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We're Not In A Free-Market World Anymore, And It's The Root Of The Jobs Crisis

We may agree or disagree with the jobs plan of President Obama but one thing is certain this high unemployment rate that has engulfed the major developed economies across the world is not just serious...

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RON PAUL: Here's Why Everyone Ignores Me And Thinks I'm A Wack-Job

Rep. Ron Paul (R-TX) took to The Daily Show on Monday night to take his libertarian positions to the mainstream. Paul explained why the media is wrong to ignore his candidacy and asserted that he is...

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Debt-Serfdom Is The New American Normal

Trapped assets that generate no income streams in the present are not capital; the value of such non-productive assets is illusory. Strip away these trapped assets and the reality is revealed: most...

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The US Government Spends More Per Capita On Health Care Than Almost Every...

Yesterday, Pascal-Emmanuel Gobry posted a stimulating comparison between the American and French health-care systems. "From my outlook," he writes, "there's something that I haven't seen discussed and...

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Cuba Is Reforming, But Wealth And Success Are Still Frowned Upon

HAVANA, Cuba — Let there be no doubt: Cuba’s Communist Party has declared the island’s socialist system “irrevocable.” But the nod to market principles at the core of President Raul Castro’s economic...

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How Globalization Created And Destroyed The City Of Venice

The story of Venice from 800 to 1350 is of incredible political and institutional change of a remarkably modern sort, sparked by international trade. Egalitarian institutions and economic mobility...

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Romney's Prosperity Pacts Look Pretty Similar To Bush's Failed Millennium...

Back in 2004, the Bush administration launched an international program called the Millennium Challenge Corporation to help developing countries reduce poverty and stimulate economic growth through a...

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America Needs To See Past The Myth Of The 'Free Market'

One of the most deceptive ideas continuously sounded by the Right (and its fathomless think tanks and media outlets) is that the “free market” is natural and inevitable, existing outside and beyond...

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Here’s Proof That America Has The Best-Managed Companies In The World

The United States is enjoying a golden age of management.American manufacturing firms, retailers, and hospitals are currently the best managed in the world, according to a comprehensive study by a...

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JEFF SACHS: Free-market and Keynesian approaches are both wrong

Jeff Sachs explains how both free-market and Keynesian approaches are flawed. Sachs is a world-renowned economist, Special Advisor to UN Secretary-General Ban-Ki Moon and the author of "The Age of...

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The problem with completely free markets

The Supreme Court’s decision last week saved Obamacare from the Republican’s latest attempt to get government out of health care. But if Republicans can find another way to attack the Affordable Care...

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Obamacare is the biggest disruptive innovation in the business world

The Affordable Care Act has altered competition and operates under a purely digital business model.While the U.S. Supreme Court has removed much of the uncertainty surrounding the future of the...

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Beijing should give its markets the freedom to fail

China's unpleasant experience in recent weeks with a stock market sell-off raises a question that has long been unsettled in its great capitalist experiment: Can political authoritarianism co-exist...

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KRUGMAN: Free markets won't solve the problem driving EpiPen prices higher

Paul Krugman stopped by Business Insider to talk to senior editor Josh Barro. Here Krugman explains the real issues behind the EpiPen price hike. Follow BI Video: On TwitterJoin the conversation about...

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