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Community Reinvestment Act Induced Banks To Take Bad Risks, Economic Study Finds
The Community Reinvestment Act, which "prods banks to make loans in low-income communities,” encouraged banks to make riskier loans, concludes a recent study…
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Fear The Regulatory Cliff, Not The Fiscal Cliff
Economist Bruce Bartlett notes that by cutting the federal budget deficit, the much-feared fiscal cliff will actually increase the size of the economy in the…
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Free Speech, The Disfavored Stepchild Of The Law
In a recent column, George Will discussed how college students have been disciplined for racial or discriminatory "harassment" for constitutionally protected expression, such as…
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Appeals Court Overturns Dismissal Of Challenge To Obamacare Contraception Mandate By Religious Colleges
According to law professor Jonathan Adler, the U.S. Court of Appeals for the D.C. Circuit effectively overturned a district court’s dismissal of a challenge…
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Expert On Gun Regulation Says “Assault Weapons” Bans Are Useless
President Obama is backing a revival of the federal assault weapons ban that expired in 2004. UCLA law professor Eugene Volokh, perhaps the leading…
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PolitiFact Is The Liar Of The Year
PolitiFact falsely depicted Michael Cannon, the director of health policy studies at the Cato Institute, as suggesting that state law overrides federal law, erroneously…