Anthony Randazzo

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A 'Job Creation' Stimulus Is a Terrible Idea

I agree with Paul Krugman on at least one thing: the continued prospects for high unemployment in America is a bad thing. In his NYT column Monday, Krugman the Keynesian wrote: The damage from sustained high unemployment will last much

Treating Wall Street Like the Mafia

Perhaps Senate Banking Committee Chairman Chris Dodd (D-Conn.) thinks of himself as a modern day John Sherman. In 1890, Ohio Sen. Sherman set out on a mission to establish “just competition” laws and level the economic playing field. His quest

Avoiding an American Lost Decade

In February of this year, I wrote a study (co-authored with Mike Flynn) about the lessons of the Japanese “Lost Decade.” At the end of the 1980s, Japan faced a very similar situation to ours: an asset bubble burst, the

Three Guiding Principles for Reforming Wall Street

In the wake of the massive bank bailouts, nearly everyone is calling for some kind of financial regulatory system overhaul. The Obama administration has outlined what it would like to see and Congress is currently holding hearings on how to

We Can't Even Trim $1.4 Million From Our Budget

Riding the wave of the GOP’s successful push to have Congress defund Acorn, Sen. Jim DeMint (R-SC) tried to push through another prudential budget matter: killing the John Murtha-Johnstown Cambria County Airport. His effort was not as successful. On Thursday