The Road to Big Government

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Why “comprehensive reform” will lead to more government and less freedom.

Justice Thomas Defends Campaign Finance Ruling – NYTimes.com

WASHINGTON — In expansive remarks at a law school in Florida, Justice Clarence Thomas on Tuesday vigorously defended the Supreme Court’s recent campaign finance decision. And Justice Thomas explained that he did not attend State of the Union addresses — he missed the dust-up when President Obama used the occasion last week to criticize the […]

The Grasping Hand

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The modern democratic state pillages its productive citizens.

McCain says campaign finance reform is dead – AP

WASHINGTON – Sen. John McCain says the movement he led to reform how political campaigns are financed is dead. McCain says the Supreme Court has spoken on the constitutionality of political contributions by corporations. The Arizona Republican had sought to regulate them with a landmark campaign finance law he wrote with Sen. Russ Feingold, D-Wis. […]

Russia’s Market Reform Architect Dies at 53 – Obituary Obit – NYTimes.com

MOSCOW — Yegor T. Gaidar, the economist who oversaw the largest transition from Communism to capitalism as the first finance minister of post-Soviet Russia, only to be vilified by his countrymen for the decade of poverty that followed, died on Wednesday. He was 53. via Russia’s Market Reform Architect Dies at 53 – Obituary Obit […]

Nicole Gelinas: Too Big Not To Fail – National Affairs

The catastrophe that struck America’s financial system in 2008 was not inevitable. Rather than a failure of markets, it was a failure by government to understand its proper role in markets — and the product of an unwise (and unnecessary) abandonment of a sensible system of rules and boundaries that had served American finance well […]