• "Switzerland knocked the United States off the position as the world's most competitive economy as the crash of the U.S. banking system left it more exposed to some long-standing weaknesses, a report said" today, Reuters reports. Full Article at National Journal

Paul Krugman and contemporary defenders of mercantilism – the idea that the state is the most suitable to make economic decisions in society – are fundamentally opposed to a principled public policy that rests on the renunciation of coercion. Full Article at The Orange County Register

Here’s a letter that I sent earlier today to the Gray Lady: Noting that “it’s important to have some perspective,” Paul Krugman argues that while Uncle Sam’s budget deficit is now large, “we also have a huge economy, which means that things aren’t as... Full Article at Cafe Hayek