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How Many Cab Drivers Need a Ph.D?

Most jobs don't require someone with a college degree. Yet politicians are always calling for more federal subsidies to send everyone, no matter how dumb,…

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Happiness Isn’t Politically Correct

In Sunday’s Washington Post, researcher Eric Weiner (who is not a Republican) notes that Republicans are happier than Democrats regardless of income level, even…

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Subprime Crybabies

Last night, ABC News lavished sympathy on a North Carolina couple whose mortgage payments had risen to just over $2,000 a month, owing to the…

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Tobacco Settlement Inspires More Lawsuits

Earlier, I wrote about how the multi-billion-dollar 1998 tobacco settlement between 46 states and the tobacco companies has inspired more lawsuits, and threatened lawsuits, against…

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ADA Backfires, and ESA Kills

Congress is currently in the process of rewriting the Americans with Disabilities Act (ADA) to make it even more costly for employers to employ people…

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Recession Rebate Follies

The Congress and the president are planning to give rebates to taxpayers in an effort to pump up consumer spending and avert a recession.

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Nervous Fed Cuts Interest Rates

Nervous about the possibility of a recession, the Federal Reserve has just cut short-term interest rates (the federal funds rate). But how much good,…

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Feds Fuel Soaring College Costs

Federal financial aid and subsidies to colleges and universities are fueling soaring college costs, and making universities more expensive, more bureaucratic, and more politicized. That’s…

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Recession: Stimulus Package Risks

Congress and the President are working on a multi-billion-dollar ($140 billion plus) “stimulus package” in an effort to ward off a recession. One proposal that…