Ministers With MBAs

August 09, 2012 • by Joe Carter

Ministers With MBAs

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August 08, 2012

Hollande’s ‘Idol of Egalité’

French President François Hollande has promised a 75% tax rate on those in his country who earn an annual salary above one million euros ($1.24 million). Not surprisingly, this number has struck fear into the hearts and wallets of quite a few of France’s top earners, including some who are contemplating leaving and taking their jobs with them. Continue Reading...
August 08, 2012

Acton Commentary: The Rich Don’t Make Us Poor

The “fixed pie” fallacy in economic thinking, as expressed by writers such as Hilaire Belloc, has served the class warfare crowd well despite lacking any basis in reality. “The historical reality of entrepreneurs gives the lie to two of Belloc’s assumptions: that the wealthy can maintain luxurious living standards by sitting on their wealth, and that capitalism prevents the poor from working their way up the economic ladder,” writes Charles Kaupke in the latest Acton Commentary (published August 8).  Continue Reading...
August 07, 2012

‘An Economic Roadmap to Nowhere’

Ismael Hernandez responds to President Obama’s “You didn’t get there on your own” speech with a piece titled “Obama’s Assault on Entrepreneurship: An Economic Roadmap to Nowhere,” on Crisis Magazine’s website. Continue Reading...
August 07, 2012

Teacher’s Union: We Want to Help You By Suing You

For decades teachers’s unions have been giving teachers—and unions—a bad name. A prime example is the intimidation tactics used by Louisiana Association of Educators (LAE): A Louisiana teachers union is threatening private schools with legal action if they accept money from a new voucher program – and the threat has already forced at least one school to put its participation in the program on hold. Continue Reading...