Pfizer Leaving New London

“Pfizer said it would pull 1,400 jobs out of New London within two years and move most of them a few miles away to a campus it owns in Groton, Conn., as a cost-cutting measure. It would leave behind the city’s biggest office complex and an adjacent swath of barren land that was cleared of [...]

Some Utility Companies Want Cap and Trade Now

“Utility executives are stepping up calls for legislation to cap greenhouse-gas emissions, fearing that if Congress doesn’t act, the EPA will establish rules that would be costlier and less effective.” (Wall Street Journal, Monday)
Summary of domestic energy policy debate: Devil you know or the devil you don’t?
FEE Timely Classic:
“The Perverse Popularity of Command and Control” [...]

‘Too Big to Fail’ Banks Could Be Downsized

“An unusual alliance of conservatives and liberals is pushing to break up or downsize banks deemed “too big to fail,” rather than create a new regulatory regime led by the Federal Reserve to try to keep them from getting into trouble again.” (Washington Times, Monday)
But still not allowed to fail.
FEE Timely Classic:
“Too Big to Fail” [...]

Climate Bill Pushed Through Committee

“In a step that reflected deep partisan divisions in the Senate over the issue of global warming, Democrats on the Environment and Public Works Committee pushed through a climate bill on Thursday without any debate or participation by Republicans.” (New York Times, Friday)
Looks like its Hail Mary time.
FEE Timely Classic:
“Mandating Renewable Energy: It Ain’t Easy Being [...]

Episode 13: Pelosi Health Care Bill

Mike Van Winkle and Sheldon Richman discuss the Pelosi healthcare bill. How will it affect private health care? Will the provision guaranteeing coverage for preexisting conditions jeopardize individual heath insurance?

How Rapidly Should the Money Supply Grow?

I would like to make one correction to Howard Baetjer’s article “Inflation 101” (September). The author suggests that inflation results when the money supply expands faster than the rate at which goods and services are produced. The author correctly points out that this expansion of the money supply will lead to rising prices. But inflation [...]

Beans

 An editorial from the March 1962 issue of Insight and Outlook, a conservative student journal published in Madison, Wisconsin.

Amidst the books on the shelves of an acquaintance of ours, whom we know to be a man of refined sensibilities, we found to our as­tonishment a squat, homely can of beans. Ordinary pork and beans. Here [...]