NYTimes ‘Inequality’ Obsession Gets Comical: Rich Like Scrooge McDuck

The New York Times retains its bizarre obsession with the left-wing hobbyhorse of “income inequality.” Former economics reporter Binyamin Appelbaum, who betrayed liberal viewpoints in his reporting, is now free to issue unadulterated left-wing opinions from his perch on the paper’s editorial board. His latest Sunday Review piece suggests “Blame Economists for the Mess We…

The Health Care Mountain

WASHINGTON — Milton Friedman was not only a brilliant economist — a Nobel laureate, in fact — he was also a gifted writer. In his 1962 book "Capitalism and Freedom," he presciently explained how health care costs were going to leap out of control over the next decades. Sure enough, they did. They multiplied from roughly $1 of every $20 being spent on health care in the…

Let’s Limit Spending

Some people have called for a balanced budget amendment to our Constitution as a means of reining in a big-spending Congress. That's a misguided vision, for the simple reason that in any real economic sense, as opposed to an accounting sense, the federal budget is always balanced. The value of what we produced in 2017 -- our gross domestic product -- totaled about $19 trillion.

NYT Op-Ed Smears Public School Critics as Rooted in Racist Confederacy

The New York Times ran an astonishingly ignorant op-ed on Monday by writer Katherine Stewart, using historical fallacies to smear today’s critics of public schools as rooted in racism: “What ‘Government School’ Means.” The text box got to the point: “A phrase rooted not in libertarian economics but in Confederate rage.”

Democrats' Spending and Power Addictions Prevent Debt Solutions

The Washington Examiner reports that it's been 768 days since the Democratic-controlled Senate passed a budget. What's the big deal? It's not like the nation is facing financial difficulties or anything. I realize it's convenient for President Obama to pretend he's a bystander on fiscal matters when it suits him and to pass the buck that never stops with him back to…

CNN's Romans: Unemployment Benefits Extension 'Would Not Come Out of

On her segment of CNN Newsroom this morning, anchor Heidi Collins asked business correspondent Christine Romans about Senate action on extending yet again unemployment benefits:CHRISTINE ROMANS, CNN BUSINESS CORRESPONDENT: You're right. And Heidi, all of those things that you mentioned are incredibly important to your money and all of them could affect you very, very near-term here. This…

Debunking the Myth that Government Spending Stimulates the Economy

Several years ago, the Media Research Center joined with then-Cato economist Stephen Moore (now with the Wall Street Journal) on a book “Dollars and Nonsense” debunking the news media’s top ten economic myths. First on the list was the canard that government spending and deficits stimulate the economy, a premise demolished in an essay written by the Nobel-prize winning economist Milton Friedman.…

NY Times Says Free Market a False Idol

Well, the New York Times certainly can't be accused of excessive free market idolization.

MSM Doesn’t Care About Google’s Pro-Jihadi Censorship

As Islamic scholar Robert Spencer can tell you, the mainstream media has barely noticed that Google, the Internet search engine giant, is now deciding for its users which ideas are acceptable and which are not. It’s never been a secret that Google leans left and won’t tolerate ideas it doesn’t agree with. The company hired global warming profiteer Al Gore as senior advisor and has a history of…