D.C. Opportunity Scholarship Program Is Accountable—to Parents

Joseph Kelley said his son Rashawn was struggling in public schools before his scholarship. The D.C. Opportunity Scholarship Program (DCOSP) has helped hundreds of D.C. schoolchildren leave underperforming public schools to attend schools of their parents’ choice. As The Washington Post reported Sunday about the school voucher program: In the District, it’s clear that vouchers […]

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The Right Time for a Carbon Tax Is Never

Once the electorate was made to realize that cap-and-trade bills (Lieberman-Warner, Waxman-Markey, etc.) were actually taxes on fossil energy, cap and trade became political poison. So it is surprising that an explicit tax on fossil energy is now being pushed in Washington. The hope among carbon-tax proponents is that they can sugar-coat the tax and […]

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Magnitsky Act Promises to Punish Human Rights Abuse, Open Trade

Sergei Magnitsky Last Thursday, the House of Representatives passed a bill that included language—called the Magnitsky Act—that for the first time punishes Russian officials implicated in serious human rights abuses. The bill was passed by an overwhelming majority—365 to 43—demonstrating strong bipartisan support. The Senate will vote on the Magnitsky Act and the underlying bill […]

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Iran Moving Terror Sleeper Cells Into USA

A U.S. congresswoman is warning that while the world’s eyes are on Iran’s growing threat against Israel, the Islamic nation’s terrorist surrogates may have already formed sleeper cells here in the United States. Rep. Sue Myrick, R-N.C., asserted in a radio interview today she believes it’s possible that Hezbollah, the radical terrorist organization tied to […]

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More Misleading Numbers on Poverty

This past week, media outlets have been abuzz, heralding the news that poverty levels in the United States are higher than previously thought. But the numbers are misleading. The Census Bureau reported last week that, according to its new “supplemental poverty measure,” 49.7 million Americans are in poverty. This figure is higher than 46.2 million […]

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“I, Pencil: The Movie”

How does a pencil represent what Adam Smith called “the invisible hand” of the free market? A new film by the Competitive Enterprise Institute has adapted Leonard Read’s famous essay, “I, Pencil: My Family Tree As Told to Leonard E. Read,” to answer this very question. Originally published in 1958 in an issue of The […]

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After the Hurricane, a Supply Crisis from Price Controls

In the wake of the devastation wrought by Hurricane Sandy, storm victims are also suffering from a New Jersey state law that prohibits businesses from raising their prices more than 10 percent “within 30 days of a declared state of emergency.” Despite the intentions of New Jersey legislators, laws intended to prevent so-called “price gouging” […]

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DOE Issues Nearly $1 Million to Ailing A123 on Day of Bankruptcy Filing

The Department of Energy’s clean energy grant-making program delivered a reimbursement to ailing battery maker A123 approaching $1 million on the same day the company filed for bankruptcy, according to Reuters: The company, which makes lithium ion batteries for electric cars, filed for Chapter 11 bankruptcy protection last month after a rescue deal with Chinese […]

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