Real Financial Reform – No Reckless Spending

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October 23, 2008

On Tuesday of this week, Kristina Kirchner, President of Argentina, announced that the government will be nationalizing $30 billion in private pension funds. As you can imagine, Atlas’s think tanks in Argentina have been writing and blogging about this economic catastrophe, which not only undermines the rule of law, but also puts Argentine property rights [...]

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Beyond Bailouts

A new website, Beyond Bailouts was launched this week. This website brings the work that think tanks across the United States are doing to draw attention to the causes and solutions to the financial crisis under one roof, in an effort to ensure that a free market perspective on these issues is heard and taken [...]

Washington Post Asks If Capitalism Is Dead

And, surprisingly for the Post (which tends to lean left), their answer is “No” in this editorial (10/20/08), published with the subtitle, “The market that failed was not exactly free.”
The piece reviews the U.S. government’s massive interventions to encourage home ownership, which distorted a large part of the economy. It’s nice to see the Post’s [...]

Friedman on the Financial Crisis

What would the late Milton Friedman have said about the current financial crisis?  That’s the question that Peter Robinson discusses in this piece in Forbes magazine with his colleagues, Thomas MaCurdy and Jay Bhattacharya, at the Hoover Institution with which Milton was affiliated during the last three decades of his life.  The discussion centers around [...]


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