All Posts Tagged With: "public works"

What is Seen and What is Unseen: Government “Job Creation”

How can Obama and his economic advisers know what kinds of jobs will position our economy to “lead the world” in the long term? Indeed, how can we expect anyone to know what kinds of jobs will be able to offer such a guarantee of wealth and security, considering the enormous complexity of our world?

10Jun2009 | Larissa Price | 0 comments | Continued

Real Jobs Create Wealth

If the government’s projects were truly worthwhile, they would be undertaken by private efforts, and in their quest for profits, entrepreneurs would handle them more efficiently.

Remember this when President Obama begins to boast about how successful his stimulus plan is.

21May2009 | John Stossel | 9 comments | Continued

Government Fundamentalism

Many free-market economists like me are quite willing to admit that markets don’t work perfectly and to examine and accept government solutions if their advocates can show how governments can be motivated to actually carry them out. And yet we are called market fundamentalists. On the other hand, many people who call us that are unwilling to change any of their views about the efficacy of government intervention no matter how badly the intervention works. Who are the fundamentalists here?

21May2009 | David R. Henderson | 10 comments | Continued

Death by Public Works

Burton Folsom, Jr. is the Charles Kline Professor in History and Management at Hillsdale College. His book The Myth of the Robber Barons is in its fourth edition.
Almost all historians who write on the New Deal praise Franklin Roosevelt for using government to “solve” economic problems. Often, however, these historians only tell part of the [...]

1Mar2007 | Burton W. Folsom Jr. | 1 comment | Continued
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