News

Recent posts and articles from IGEG fellows, advisers, experts and scholars.

Stop Whining About Liberal Media

REPUBLICANS MUST BUILD OR BUY AN ADVANTAGE Do you just whine about problems, or do you try to solve them? For decades, many people complained and demanded that the government do something about automobile air pollution. Those in government had no clue on how to create...

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RIP, Ivy League Schools

WHAT WOULD EISENHOWER HAVE DONE ABOUT COLUMBIA UNIVERSITY? They have learned nothing! As I write this, Columbia University and others continue in chaos, depriving serious students of what they have paid for. Many have forgotten, if they ever knew, that President...

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End NPR ‘Money Laundering’

PUBLIC RADIO GETS FUNDING FROM THE GOVERNMENT, TAXPAYERS, FOUNDATIONS AND FOREIGN CORPORATIONS Money laundering most often refers to attempts to hide the criminal source of money. But it can also be used to describe making legal money transfers between parties...

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Biden Admin Has Few Choices to Reduce Inflation

Why do the smartest people in the world (at least in their own minds) keep getting surprised? This past week, the most common measure of inflation rose, even though official Washington (the Fed, Biden Treasury, White House) told us it would fall. Inflation is often...

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Bingeing on Free Money at Taxpayers’ Expense

“Every election is a sort of advance auction sale of stolen goods.” — H.L. Mencken What ever happened to fiscal discipline? It seems that each week, President Biden announces another group, such as government employees, will have their college debts forgiven — even...

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Debt Crisis

U.S. INCREASINGLY RELIES ON POORER COUNTRIES TO FUND ITS WELFARE PROGRAMS The U.S. and other rich countries are increasingly funding their government debts by sucking savings from those in poorer countries. This is starving much of the world of needed investment...

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Are You Part of a Ponzi Scheme?

NEW BOOK PROVIDES ROAD MAP FOR AMERICA TO AVOID ECONOMIC COLLAPSE Greece, Argentina, and the old Soviet Union had governments that were Ponzi schemes that eventually went bust. A Ponzi scheme, named after the swindler Charles Ponzi (1882-1949), is an investment fraud...

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Inflation and the Search for Stable Money

INCREASING GOVERNMENT SPENDING AT A RATE THAT ULTIMATELY DEBASES THE CURRENCY Inflation is a deadly problem, and unpredictable changes in the inflation rate (currency debasement) make it an even more deadly hazard to future economic well-being by increasing the risk...

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Wealth Destroyers

NEW YORK ONCE HAD A REPUTATION FOR HAVING WORLD’S MOST HONEST FINANCIAL COURTS Perhaps the single largest wealth destruction in history took place last week, due to the actions of only two people: New York Attorney General Letitia James and Judge Arthur Engoron. They...

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Does Iran Already Have Nuclear Weapons?

TEHRAN MIGHT HAVE AS MANY AS A DOZEN OPERATIVE BOMBS BY MAY Iran may already have five nuclear bombs and may have as many as a dozen by May. Some intelligence estimates, as early as this past October, asserted that Iran could have enough enriched weapons-grade uranium...

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