Economist Deirdre McCloskey will soon release her new book entitled "Bourgeois Equality:  How Ideas…
CFIF on Twitter CFIF on YouTube
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

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Jester's CourtroomLegal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts.
Home Press Room Leading National Organizations Urge Speaker Boehner to Preserve Amendment Defunding DOE’s “Gainful Employment” Regulation
Leading National Organizations Urge Speaker Boehner to Preserve Amendment Defunding DOE’s “Gainful Employment” Regulation Print
Monday, March 21 2011

Last month, a bipartisan majority in the House of Representatives passed an amendment to H.R. 1 that stated that no funds may be used to “implement, administer or enforce” the U.S. Department of Education’s proposed Gainful Employment rule, nor may the Department “promulgate or enforce any new regulation or rule” that would have the same effect as the Gainful Employment rule.

In a letter organized by the Center for Individual Freedom (“CFIF”) and sent to Rep. John Boehner last week, nine leading national organizations representing millions of taxpayers respectfully urged the Speaker to instruct House conferees – after the Senate has taken action on H.R. 1 and a conference is scheduled – to not allow that amendment to be used as “trade bait” for something Senate conferees seek to add to or eliminate from H.R. 1.

“From allegations of insider trading to defective Government Accountability Office reports, everything surrounding the Education Department’s handling of this issue has been appalling,” the groups noted in the letter. “This entire Obama Administration assault represents the worst in bureaucratic regulatory overreach, and the proposed rule would eliminate competition in the higher education arena where it is critically needed.”

In addition to CFIF, other organizations on the letter included: Americans for Tax Reform, Business Coalition for Fair Competition, Citizens Against Government Waste, Competitive Enterprise Institute, Hispanic Leadership Fund, Institute for Liberty, Log Cabin Republicans and Small Business and Entrepreneurship Council.

To read the letter as it was sent it Speaker John Boehner, click here (PDF).

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?
More Questions
Quote of the Day   
 
" ... Americans have grown increasingly accustomed to the view that your politics is determined by your racial, ethnicity or gender identity. Politics is seen as a zero-sum battle for government favor. College and corporate leaders join in.Universities sponsor separate orientations, dormitories and commencements for identity groups (are separate drinking fountains next?). A corporate CEO fires an…[more]
 
 
—Michael Barone, Washington Examiner Senior Political Analyst and AEI Resident Fellow
— Michael Barone, Washington Examiner Senior Political Analyst and AEI Resident Fellow
 
Liberty Poll   

Are you generally satisfied or dissatisfied with the way things in the country are going now?