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When solar tax incentives overheated, the residential solar market became scorched
Residential solar has long been sold as a win-win for consumers and the environment. It was marketed as an affordable way for homeowners to reduce…
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Obamacare’s subsidy cliff: How many enrollees are actually affected?
Democrats in Congress have put Obamacare front and center in their opposition to the Republicans’ temporary budget. One provision of the American Rescue Plan…
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Closing the window on public media funding
A door has closed, but windows remain open. Recently, the Corporation for Public Broadcasting (CPB) announced that it would discontinue operations in light of…
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Deregulation Didn’t Cause the Financial Crisis, But It Might Help Solve It
Banking expert Peter Wallison explains why deregulation didn’t cause the financial crisis, while Steven Malanga explains how government regulators foolishly pressured banks to drop prudent lending…
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CDS’s House of Cards
It’s been called a ticking time bomb by Investor’s Business Daily. CNNMoney asks if this will be the next disaster. Yet the Feds…
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Another bad bailout idea — raising deposit insurance cap is regressive and counterproductive
As the Wall Street crisis has expanded, politicians are falling all over themselves arguing on behalf of the “little guy” against “fat cats.” But in…
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SEC Loosens Rigid Accounting Rules
Rigid mark-to-market accounting rules may have triggered the current financial crisis by artificially undervaluing mortgages and securities (making financial institutions appear insolvent). Even the…
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The Market’s Winners and Losers
The People have spoken. They have picked the Market over the Government to be the chooser of winners and losers. Here are the Market’s choices…
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What Are Markets For?
There are all sorts of people today who normally talk about free markets but who have got themselves into a tizzy over the failed bailout.