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News
Recent posts and articles from IGEG fellows, advisers, experts and scholars.
Americans Now Paying the Price for the ‘Free Money’ They Received During the Pandemic
All too much of our lives are controlled by a tyranny of government “experts.” This past week, Treasury Secretary Janet Yellen admitted she had been wrong about inflation. It would have been nicer if she had the decency to resign since Ms. Yellen and Fed Chair Jerome...
Biden’s Energy Cabal Making the World Suffer
PRICE INCREASES HAVE CAUSED MUCH DEPRIVATION Do you like wilderness camping? That is, real wilderness camping where you have nothing more than a little tent, a blanket and six days of food, but no cell phone or even a flashlight? Few people do that type of camping...
Putin and Biden: Deceptive, Dangerous and Delusional
PUTTING ALL TOO MUCH POWER IN A SINGLE PERSON'S HANDS When the body politic trusts one person, whether elected through democratic means or otherwise, with life and death decisions over thousands, if not millions, they put all at risk. Mankind once again is enabling...
Washington, Reagan and Polk: The Ideal U.S. President
A HALLMARK OF SUCCESS IS HAVING A VISION AND THEN ACTUALLY DOING IT No one has been or will be the perfect president, but a number have more than met the needs of their times — the most recent being Ronald Reagan. A hallmark of successful presidents is having a vision...
How will Inflation End?
THE CURRENT SET OF MONETARY AND FISCAL POLICIES ARE SUICIDAL The good news is that inflation will end. The bad news is that, given who is making economic policy, it is more likely to end badly than benignly. The proper way to end inflation is to reduce the rate of...
Where Are the Fearless Reporters Investigating Government Overreach?
Like a sickening ooze, governments tend to grow into endless unintended areas – which is known as mission creep. This past week, the American public was served with two dangerous and destructive examples. The very creepy, Secretary Alejandro Mayorkas of Homeland...
Russia’s Ukraine Invasion will Increase Oil Prices, Create a Recession
The environmental lobby acts as if green energy is a free lunch — but now, reality is about to set in. Chinese President Xi Jinping acknowledged last week that China — the world’s largest polluter — is unlikely to meet its environmental targets. The Chinese economy is...
Via Votes and Actions, Americans Showing Opposition to Socialism, Communism
The world is divided into builders and destroyers, liberators and oppressors. The good news is that a destroyer can become a builder, and an oppressor can become a liberator. History is replete with examples. This past week, Boris Johnson, the U.K. prime minister, who...
The Curse of Inflation
ONLY MAJORLY REDUCING GOVERNMENT SPENDING AND MONETARY GROWTH CAN HELP This past week, the Bureau of Labor Statistics reported that consumer prices rose by 7% during this past year, the highest in 40 years. The dollar is also falling against other global reserve...
The Supreme Court and Biden’s Vast Display of Ignorance
ECONOMICALLY ILLITERATE PRESIDENT LEADS THE WAY How often have you heard someone say, “We are governed by idiots,” or something to that effect? The level of ignorance demonstrated day in and out by our political leaders and those in the media should make all Americans...
Tyranny of the Mainstream Media Thought Police
THE PRESS HAS BECOME STATE PROPAGANDA INSTEAD OF TRUTH SEEKERS What is the greatest danger in 2022? Global warming? Inflation? The pandemic? A major war? My answer is the tyranny of the thought police — because, without the ability to engage in free thought and...
When Ignorant, Biased ‘Fact Checkers’ Strike
Reports are used by social media companies as the crutch for censorship operations According to The Babylon Bee: “World-renowned fact-checking website Snopes has unveiled a brand new fact check rating called ‘False For Now.’ This will allow them to provide a rating...
Rewarding Americans Not to Work
Government should not be making workers' job choices Should all able-bodied adults take whatever jobs are available? At the moment, there are more job openings than there are people willing to take them. Many of these jobs do not require specialized training and could...
Biden’s Capital Gains Tax Rate Plan a Formula for Economic Suicide When the government behaves like a tax cheat
Did you receive 4.2% interest (the inflation rate) on your bank account this past year? More likely it was under 2%, on which you had to pay “income” tax, even though you lost money in inflation-adjusted terms. The Constitution gives Congress the power: “To coin...
Mainstream Media Misinformation and the High Cost of COVID-19 Ignorance Ignorance about health matters can be traced to the news, which makes everything political
Bad perceptions can lead to very poor public policy. As reported by Health Care News, a recent poll found that young adults “overstated their risk of dying from COVID-19 by as much as 10 times. Those 24 and under believed they had a 7.7 to 8.7 chance from dying form...
Chamber of Commerce’s Misguided Support of Dems’ Costly Economic Agenda
The principled are often ridiculed as not being pragmatic, when in fact most often, over the long run, sticking with solid principles is highly pragmatic. Those who represent large numbers of people or organizations with conflicting goals or self-interest quickly find...
Deadly Ignorance Runs Afoot in the Biden Administration From management of COVID-19 to raising capital gains tax, the missteps are endless
Yes indeed, many of our political leaders are ignorant who unnecessarily damage both our pocketbooks and even our lives. The Biden administration has just lifted the 11-day “pause” on the use of the Johnson & Johnson COVID-19 vaccine. Approximately 7 million...
Corporations Pretending to Have Principles Condemn Georgia Voter Law Real purpose of media ads was to give Democrats a virtue signal to support Biden Administration policies
Last week, an ad appeared in The New York Times, The Wall Street Journal and perhaps elsewhere, “signed” by 100 companies and several thousand individuals. The ad was titled: “We stand for democracy” as if that statement required great courage. The operative sentence...