Author Profile: Sheldon Richman

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Sheldon Richman is the editor of The Freeman and "In brief." He is a contributor to The Concise Encyclopedia of Economics.
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Episode 19: State of the Union Address
By admin
Posted in Audio, First Principles on 29 January 2010
Stats: 105 views and No Comments Mike Van Winkle and Sheldon Richman discuss the State of the Union Address. Was it all just political theatre? What were the most important messages? Find out.
The Power to Tax is the Power
By Sheldon Richman
Posted in The Goal Is Freedom on 27 November 2009
Stats: 0 views and No Comments It would be nice if we could count on the court, at the very least, to forbid Congress from achieving a goal by means that violate freedom if means are available that do not. But let’s hold our breath.
Let’s Ignore Congress
By Sheldon Richman
Posted in The Goal Is Freedom on 6 November 2009
Stats: 0 views and No Comments I spent a good part of Wednesday night closely skimming — my conscience won’t let me type “reading” — the Republicans’ alternative healthcare “reform” bill. It’s 219 pages of legalese. I know it’s one-tenth the size of Speaker Pelosi’s bill,…
The Welfare State Corrupts Absolutely
By Sheldon Richman
Posted in The Goal Is Freedom on 30 October 2009
Stats: 0 views and No Comments Let’s begin at the beginning. Medical care is not a free good found in nature. Of course, no one really thinks it is. But that doesn’t keep most people from wanting to pretend otherwise. After a while, one can forget…
Getting in Deeper
By Sheldon Richman
Posted in The Goal Is Freedom on 23 October 2009
Stats: 0 views and No Comments In what the Wall Street Journal calls "a watershed moment for government intervention in the private sector," the Federal Reserve announced yesterday it will regulate executive compensation at all banks so that they will not have incentives to take on too much risk. The term "pretence of knowledge" comes to mind.
Obama Orders Executive Pay Cuts at Bailed-Out Banks
By Sheldon Richman
Posted in In brief on 22 October 2009
Stats: 3 views and No Comments “The Obama administration slammed Wall Street by ordering pay cuts of an average of 50 percent and caps on benefits for top executives at companies owing the government billions of dollars from taxpayer-funded bailouts.” (Bloomberg, Thursday) We should want…
Senate Stops Rise in Medicare Reimbursements
By Sheldon Richman
Posted in In brief on 22 October 2009
Stats: 1 views and No Comments “With budget anxieties pervading the congressional healthcare debate, the Senate on Wednesday sidetracked popular legislation that would have increased Medicare payments to doctors by nearly $250 billion over the next decade.” (Los Angeles Times, Thursday) Why does government set…
Environmentalists Fight among Selves over Wind Power
By Sheldon Richman
Posted in In brief on 22 October 2009
Stats: 1 views and No Comments “Workers atop mountain ridges are putting together 389-foot windmills with massive blades that will turn Appalachian breezes into energy. Retiree David Cowan is fighting to stop them. Because of the bats. Cowan, 72, a longtime caving fanatic who grew to…
Bailout Overseer Warns of Surprise Price Tag
By Sheldon Richman
Posted in In brief on 21 October 2009
Stats: 4 views and No Comments “The $700 billion bailout will ultimately cost taxpayers billions of dollars, but the government stands to lose much more than the money it’s pouring into companies. Neil Barofsky, special inspector general for Treasury’s financial sector rescue, wrote in a report…
House Health Bill Called Deficit Reducer
By Sheldon Richman
Posted in In brief on 21 October 2009
Stats: 8 views and No Comments “A preliminary estimate from the Congressional Budget Office projects that the House Democrats’ health care plan that includes a public option would cost $871 billion over 10 years, according to two Democratic sources. CBO also found that the Democrats’ bill…