Blog
Antitrust Liberalization May Avert Need for Bailouts; Outdated Laws Deter Efficient Mergers
In early 2007, the economy was humming along and General Motors was considered to be in the process of a turnaround. To help stabilize itself,…
Blog
Jimmy Carter Disowns the Dictator Mugabe, His Frankenstein
After years of criticizing supposedly “unilateral” American military intervention in places like Iraq (where the U.S. was actually acting in concert with other countries, like…
Blog
Deregulatory Bailout
There are hundreds of regulations that Congress and agencies have imposed on the auto industry, driving up their costs unnecessarily. As an illustration, these are…
Blog
U.S. and Latin America need closer ties
Four former presidents of Latin American countries and the former president of Spain joined in an ardent plea for the U.S.
Blog
Jay Leno Riffs on the Bailout
A new viral email, claiming to be jokes written by Mr. Leno, adds a bit of humor to the financial crisis. As business and government…
Blog
The UAW’s Three-Year Emergency Response
Last night, the Detroit Big Three bailout package crashed and burned for the best of reasons. To their credit, Senate Republicans refused to abide…