Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas…
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Image of the Day: A Powerful Tribute to Free Market Capitalism

Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas, Not Capital or Institutions, Enriched the World." It it, she describes the unprecedented transformation  and improvement of human wellbeing through the power of economic freedom, as illustrated by this graph:

. [caption id="" align="aligncenter" width="568" caption="The Power of Free Markets"][/caption]

. As McCloskey summarizes, that's the result of the free market revolution:

. [I]n the two centuries after 1800, the trade-tested goods and services available to the average person in Sweden or Taiwan rose by a factor of 30 or 100.  Not 100 percent, understand - a mere doubling - but in its highest estimate a factor of 100, nearly 10,000 percent, and at least a factor of 30…[more]

August 18, 2017 • 01:52 pm

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Home Press Room Massive Coalition Urges Congress to End the ObamaCare Bailouts
Massive Coalition Urges Congress to End the ObamaCare Bailouts Print
Thursday, October 13 2016

This week, the Center for Individual Freedom ("CFIF") joined a massive coalition of more than 50 organizations on a letter to Congress urging lawmakers to prevent a continued taxpayer bailout of ObamaCare.

The letter, which was organized and led by Freedom Partners, lays out specific actions that Congress can and should take.  "The first is to recover the $5 billion illegally given to insurance companies through the reinsurance program by passing the Taxpayers Before Insurers Act (S. 2803, HR 5904), sponsored by Senator Sasse and Congressman Walker. The second is to prevent this from happening again — Congress should continue the budget neutrality provision in the risk corridor program, as well as pass legislation preventing the administration from using the “Judgment Fund” or any other taxpayer dollars to give money to insurers," the letter reads.

"American households deserve better than to have their tax dollars go toward bailouts for insurance companies. Thank you for your attention to this important issue," the letter concludes.

To read the letter in its entirety, click here.

Question of the Week   
How many times between 1996 and 2016 did the U.S. Congress pass a full federal budget instead of relying on continuing resolutions or omnibus spending bills?
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Quote of the Day   
 
"In 1993, when President Clinton signed the National Voter Registration Act (NVRA), its boosters claimed that it would solve, once and for all, a plethora of problems plaguing the nation's voter registration rolls.However, like many ballyhooed efforts, the Motor Voter Law, as it is best known, resulted in an even crazier system, with such absurdities as millions of people registered in more than one…[more]
 
 
—Robert Knight, American Civil Rights Union Senior Fellow
— Robert Knight, American Civil Rights Union Senior Fellow
 
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