By Sen. Marco Rubio for RealClearPolitics In the mid-2000s, small-town Minnesota resident Charles Marohn saw an upscale strip mall being built in a neighboring city. By 2020, the mall was still half-vacant. It was a clear signal that supply had exceeded demand. Yet just as the pandemic began to recede, Marohn saw …
Read More »Will Taxpayers Be On The Hook For Bank Bailouts?
By Casey Harper (The Center Square) President Joe Biden on Monday promised that taxpayers would not be on the hook to bail out banks that collapsed in recent days, a claim disputed by a host of critics. The federal government decided to take over and back up the banks, allowing depositors …
Read More »Sorry Nobel Committee, Ben Bernanke’s Interventions and Bailouts WERE the Crisis
By John Tamny for RealClearPolitics In the early 1920s radios were the pricey, must-have gadgets of the day. And as all transformative market goods are, they started out expensive only for RCA (the Apple of its time) to render common what was once a luxury. One hundred years later, those …
Read More »Here’s Why College Prices Have Spiraled Out Of Control And Bailouts Won’t Help
By Kenneth Schrupp for RealClearHistory With the Biden administration’s announcement this week that it would continue the moratorium on student loan payments through the beginning of next year and will forgive up to $20,000 in student loan debt per student, student loan forgiveness is at the top of the current political agenda. …
Read More »