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The stage now seems to be set for perhaps the final act in the Euro-zone debt crisis. With its economy literally imploding, social tensions close to the boiling point, and its IMF program woefully off track, there is every prospect that Greece will experience a hard default by year end.
Indeed, price controls are one of the most pernicious kinds of government regulation. In an ironic twist, they often lead to higher consumer prices over time because they build inefficiencies into economic transactions and decision-making that end up costing consumers more money in the long run.
On March 30, Afghan president Hamid Karzai strongly condemned actions of the "Kill Team," a rogue military unit accused of deliberately murdering Afghan civilians. Reaction to the photos in Afghanistan has largely been muted, but this may change as Karzai's condemnation draws more attention.
The European Union (EU) has announced plans to levy a tax on airline emissions for all planes landing and taking off from EU airports. This tax would be calculated not only based on mileage flown in EU airspace but also for the entire length of the flight (thus, Chinese and Japanese airlines would be taxed for an entire journey from Beijing or Tokyo).
The Boxer-Kerry Cap and Trade Bill is a "tougher" bill than Waxman-Markey, requiring a greater reduction of GHG by 2020 -- meaning requiring the impossible.
The president sends the wrong messages to Israel and Iran.
Tom Miller's contributions to the ROA's DEF on the Affordable Care Act Supreme Court hearings.
Tom Miller's contributions to the ROA's DEF on the Affordable Care Act Supreme Court hearings.






